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VIX hedge in case Santa doesn't arrive

We are considering VIX hedges for the first time since August

Everything that is "protection" has come down hard and we are starting to get interested. To go outright short cash equities here is not a trade for us - we would want to see an attack and possible overshoot of the 4100 level - but volatility is different. Let's examine.

Put puke - getting there

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