VIX guy just called us!
We have been waiting for the panic call from our VIX guy. Earlier today he called us and we haven't heard him in such a panic mode in a long time. His latest logic is based around the vaccine news from Moderna, the recent VIX spike "can't you see the stress bro?" and that people had a great year and will sell etc. His main idea was to buy VIX here. Needless to say we are starting to sell volatility here. One way to play it is via put spreads in VIX. After all, volatility is mean reverting and our VIX guy has continued holding the perfect 100% inverse track record. Will he nail it again?