Time for VIX

You buy protection when you can...not when you must

Regular readers of TME are familiar with the above. Given the most recent "reset" of cross asset vols, but especially in equities land, the prudent investor should be looking at hedges/long volatility trades/pure speculation. To play pure VIX, we would look at relatively short dated VIX call spreads. We have Jackson Hole coming up, September is around the corner and is a "problematic" month. It is all about Fed, but will they land this the soft or the hard way? One thing is sure, you do not buy a house insurance after it has started burning, irrespective if it is going to burn or not....A thread on volatility and protection:

Fancy some VIX call spreads?