Jun. 17 at 1:10 AM
I’ve been watching the mid-term curve like a hawk, waiting patiently for a sub-15 print. Yesterday at the close, I finally got it... grabbing a piece of
$VIXM right against that familiar
$14.94 floor.
A quick structural note for anyone trading volatility... remember this nuance: when looking for a vehicle to hedge against structural cross-currents as we head through the summer, the short-term products (
$VXX $UVXY ) carry far too much drag from contango and structural decay. VIXM shifts the exposure out to the mid-term curve (months 4 through 7), which provides a much cleaner, more resilient buffer against extended macro uncertainty.
Historically, this specific sub-
$15 zone has worked out very well for me, acting as a hard psychological and technical baseline for the mid-term curve. With back-month futures compressing down to these levels, it serves as an appropriate instrument for the exact type of defensive posture I am trying to establish. Just my two cents and FWIW. Cheers!
$VIX $QQQ