19May11:28 amEST

Steam it Up

No fancy explanations here (more full analysis with Members). No over-analysis. 

Simply put, my call is volatility has bottomed for the rest of Q2 and possible into Q3. With vol having been crushed this much so far in 2023 headed into bearish seasonality and a ton of risk events/headwinds, the table is finally (finally!) set for asymmetrical risk/reward favoring a higher vol regime going forward. 

Money where my mouth is, I am now long the UVXY ETF at $3.14. 

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