They keep pushing and suggesting to traders the buying of volatility as a form of portfolio protection. Be it on Bloomberg or CNBC, the mantra continues in spite of the complacency that has served to underline the Volatility S&P 500 (VIX ) over the last couple of months. Unfortunately, when the media outlets discuss buying volatility they do little in the…
Contango: The Beast Of Burden For VIX-Leveraged Buyers
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