I think Chris has done some great work and maybe over time when compared our results will even out some, but for Artemis they lack the conviction or possibly the ability to participate short-VOL. There’s nothing prohibiting anyone, including myself from being long-VOL during those periods when spikes are present.

Chris republishes this every single year! I agree with every aspect of the economic outlook and so do most economists. But in terms of volatility what Chris fails to acknowledge is the end game. There is no such thing as persistently increasing volatility only that which reverts for a specific period of time which also, can only be sustained for a…[Read more]

@tester I don’t know about parking but committing to larger LOB positions and holding them a bit longer, I’m looking at stubbornly persistence in backwardation.

@thoe99 the core position is where it should be and we’re in backwardation which defies intraday scalps unless one desires the elevated risk. I’m finding it more advantageous to do long…[Read more]

@gvnr by the bond market is always right I suppose you mean with respect to temporary reflation?

@fmateo good article here might help with your questions and due diligence http://www.cmlviz.com/cmld3b/index.php?number=11930&app=news&cml_article_id=20180206_the-astonishing-story-behind-what-really-happened-to-xiv