What Is Real Life Volatility?

The old adage that the stock. Staircase up and they elevator down. Yeah. I think the Jim Korsans said that's a few times. Right. So, so, yeah. We all as stocks and we want to protect ourselves on a down. Right. And not only that the old adages of 'staircase up' and 'elevator down' are true too. Okay. So you've sat there in years of watching different kind of volatility? Yeah. You like to be long the short dated stuff because it generally trades too cheap versus realized.Yeah. But again, it depends on the assets that I trade. Right. On the expiry