@clevers I’ve been shorting TVIX, UVXY, VXX etc for several years and utilizing it as a primary trading/investing strategy. We typically use a large cash position for liquidity purposes or as you note, large spikes. That has typically been the most advantageous hedge. There can be extended periods where these ETPs decay and as such hedging with a…[Read more]

@volguru All good points! Risk assessment would be accurate in rear view mirror as always and always best to commit to that exercise. Regarding ZIV vs. VXX: ZIV will likely carry lesser risk and less reward being in the middle of the curve, but also subjected to beta slippage in the event volatility rises in persistent fashion over a period of…[Read more]