signal-du-jour · May 22, 2025

Signal du Jour - short vol in BOIL

The markets are swinging, but—so far—they’re holding. VIX popped back above 20 yesterday after chatter that the BBB (Big, Beautiful Bill) might face rougher waters than the

signal-du-jour · May 15, 2025

Signal Du Jour - long vol in XLK

A side note - we are releasing something very exciting in a few weeks, and we hope it will transform your trading experience. Get in touch with us if you

signal-du-jour · May 8, 2025

Signal du Jour - Short Vol in GLD

As expected, a polite but firm Powell reminded a crowd of journalists yesterday that he is in no rush to act on the monetary-policy front, acknowledging the deep structural changes

signal-du-jour · May 1, 2025

Signal du Jour - short volatility in USO

A crisis? Which crisis? A trade war? What trade war? We’re really not sure what you’re talking about—and neither is the market. After yet another remarkable end-of-month

signal-du-jour · Apr 24, 2025

Signal Du Jour - short vol in XLE

The market continues its pendulum swing—even as implied volatility sits well below where it was just ten days ago. Over the past few sessions, equities rallied hard off chatter

signal-du-jour · Apr 3, 2025

Signal du Jour - long/short the banks

There we are—Trump has finally unveiled his big plan to “liberate” the U.S. economy from the tentacles of globalization (sic), which, if we believe him, is the reason

signal-du-jour · Mar 27, 2025

Signal du Jour - long vol in US equities

Let’s start there—we are not long volatility experts. The number of times we've gone short vol far outweighs the long volatility signals we take in any

signal-du-jour · Mar 20, 2025

Signal du Jour - short vol in HYG

To be honest, we were considering writing about a long-tail signal instead. The FOMC presser, while informative, didn’t spark the expected bout of volatility. As usual, the market was

signal-du-jour · Mar 13, 2025

Signal du Jour - Skew trade in GS

We didn’t quite hit VIX 30, but we got close enough. On Monday, as rumors spread about a hedge fund liquidating positions, the market accelerated its decline from the