Dec. 22 at 6:51 PM
I added
$VIXM into the year-end lull.
Dec. often suppresses volatility as participation narrows and risk-taking becomes more passive, with uncertainty pushed into Jan. That calm period frequently gives way once books reopen and markets begin reassessing risk.
I like mid-term vol here. It’s less about catching a one-day spike and more about positioning for persistence.
In my view, volatility feels mispriced relative to the risks still embedded in the market, with additional uncertainty ahead in an election year.
