2022 New Year's Resolutions

[Windlesham1]

it’s hard to hold a position (especially a short vol one) when it’s moving against you and every further move against you causes exponentially more pain.

I'm not a naked seller but frankly you could have sold 1,000 index puts every single month in 2021 without blinking.

 

[newwurldmn]

I'm not a naked seller but frankly you could have sold 1,000 index puts every single month in 2021 without blinking.

You don’t have to naked to be short vol. you can be long Vega and still be short vol

 

[Windlesham1]

You don’t have to naked to be short vol. you can be long Vega and still be short vol

I have been known to construct such trades, but 2021 the market barely dipped for more than a few days and the up day/down day count was seriously out of wack