• Seth Golden posted an update 5 years ago

    Lot of false narratives with respect to the short positioning in VOL -complex. Here’s a look at the commercial positions i.e. long and short Vega
    • Hi Seth, That is an interesting chart. Is it created purely from Volatility ETPs or are you also looking at VIX futures and/or SPX options in general?

      One thing that has always confused me for every future or options position there is a buyer and a seller so if the net vega position is zero how can you tell what the commercial position is?

      • This chart is strictly sponsor holdings/commerical. Can accrue the input from ETP holdings as well as tracking CFTC data over time.

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