Episode Details
| Title | The Global Margin Call | Volatility Veteran Noel Smith on Dispersion, Vol of Vol, and How He’s Trading VIX Spike & Stock Market Crash |
|---|---|
| Date | 8/5/2024 |
| Podcast | Forward Guidance ↗ |
Key Insights
Bullish:
- 🟢 $Delta 1 instruments (e.g., S&P 500, Nasdaq) - Buying Delta 1 instruments that benefit from a bounce.
- “I bought some Delta 1 instruments that benefit from bounce.” - Noel (0:00)
- 🟢 $S&P 500 (intraday) - 🔒
- 🟢 $Volatility (back months) - 🔒
- 🟢 $SVIX - 🔒
Bearish:
- 🔻 $Volatility - 🔒
- 🔻 $VIX - 🔒
- 🔻 $VIX futures - 🔒
- 🔻 $VXX - 🔒