Trade Anatomy - Short Vol in ASHR
Two weeks ago we were pointing to an opportunity to short volatility in Chinese equities through ASHR. At that moment, the main geopolitical item on our agenda was the state
Trade Anatomy - short vol in EWY
Two weeks ago we were highlighting an opportunity to short volatility in EWY. We were at the time pointing to the recent resolution of arguably the biggest political crisis South
Trade Anatomy - Short Vol in KRE
Two weeks ago we were highlighting an opportunity to short volatility in the regional bank index. We were at the time pointing to the favorable environment they seemed to operate
Trade Anatomy - Short Vol in SPY
Two weeks ago, we presented an opportunity in the US equity volatility space. The AI narrative had returned in full force, punishing the tech sector as investors debated whether these
Trade Anatomy - Short Vol in SMH
Two weeks ago, we presented an opportunity to short volatility in SMH. We were anticipating a few remaining tech earnings and argued that the AI bubble narrative had failed to
Trade Anatomy - Short Vol in TLT
Two weeks ago, we presented an opportunity to short volatility in the bond market. We won’t lie: we were a tad concerned about the opportunity. We knew a new
Trade Anatomy - Short Vol in USO
Two weeks ago, we presented a short volatility opportunity in the oil complex. Two weeks later, while the position didn’t generate a loss, it certainly didn’t generate a
Trade Anatomy - Short Vol in NUGT
There is a first time for everything. After a perfect run since launching our Trade Anatomy series in August 2025, we are finally recording our first losing trade. Two weeks
Trade Anatomy - Short Vol in TLT
Second Trade Anatomy of the week as we are wrapping up 2025. We will have more to say tomorrow and Sunday, but it is the beginning of our end of