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Jack Loftis posted an update 4 months, 1 week ago
@seth-golden Why would you say $UVXY is climbing in parallel to $SPY moving higher? I had hoped getting past expiry would remedy that.
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This is typical end of year “crash up” market ie $SPY UP Vol UP. Happens in strong market regimes at year-end.-
Thanks. Hope it resolves at some point. Trust you are having a nice December “off”!
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There is just too much Vol supply right now so it probably would resolve with a corrective wave of sorts resulting in a more definitive spike in VIX. Thank you Jack and hope the holidays treat you well!
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