signal-du-jour · Dec 13, 2024

Signal Du Jour - Skew trade in NKE

A preamble: I was off yesterday because I finally moved into my own place after 15 months on the road, jumping from country to country and Airbnb to Airbnb. The

signal-du-jour · Nov 21, 2024

Signal du Jour - short vol in VXX

We didn’t trade NVDA, nor did we wait to see the results in real time. Judging by the muted reaction this morning, earnings riders seem to have managed to

signal-du-jour · Nov 7, 2024

Signal du Jour - Short vol in EDC

America has spoken, and the world heard it loud and clear: Trump is the new president-elect. While pundits debate the makeup of his cabinet and the specifics of his agenda,

signal-du-jour · Oct 31, 2024

Signal du Jour - Short vol in INDA

The busiest week of the year has begun, and it’s been relatively uneventful so far. Yesterday’s slight GDP miss was overshadowed by robust preliminary job data and solid

signal-du-jour · Oct 24, 2024

Signal du Jour - short vol in MSOS

To Steve—who’s been with us since the beginning and got us into MSOS. Elon Musk: left, right, and center—though mostly leaning right these days, especially as the

signal-du-jour · Oct 17, 2024

Signal du Jour - Short vol in TAN

The election is getting closer, and the tension on social media is palpable. We’ve come across countless posts predicting an ultimate crash following Tuesday’s pullback. But by Wednesday,

signal-du-jour · Oct 10, 2024

Signal du Jour - short vol in EWZ

We won’t lie— we’ve found the back-and-forth in oil much more enjoyable than the rollercoaster ride in Chinese equities. It’s a perfect example of how path dependency

signal-du-jour · Oct 3, 2024

Signal du Jour - short vol in USO

Tensions in the Middle East have escalated dramatically over the past week following the killing of a Hezbollah leader in an Israeli Defense Force airstrike in Lebanon. Two days ago,

signal-du-jour · Sep 26, 2024

Signal du Jour - short vol in ASHR

41. That’s the number of times the S&P 500 has hit new all-time highs this year. Whether you’re concerned about the state of the economy, the