Recent content by saltmine

I make volatility trades, but the instrument I use depends on the current market conditions. The curve for VIX futures is currently in very steep backwardation, which has usually been the case with previous VIX spikes. In order to profit from a contango condition directly with futures...

I have filed as a trader for the last 11 years and have never gotten an inquiry from the IRS. My 1099s are typically hundreds of pages long. The first thing an IRS agent would do is dump that in the circular file if I sent them the whole monstrosity. Similar to the1, I send the summary page...