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Keeping it Simple on the Road | Ep. 3: 2020 From A Position of Strength

Keeping it Simple with Simplify Asset Management

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The Vix Is Not the at the Money Volok?

Once upon a time the vix would be, the vix is not the at the money volok? Now you get the vix trading three, four over. And it's one of those things where it's hard to know what exactly the risk reward of selling variance is because it's so negatively symmetric. It all comes down to, what's the probability of of some really, really crazy move, or what about five times that crazy? Is that ten basis points or one basis point? None of us have any frekent idea, right? It's impossible to know.

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