Benn Eifert - Volatility Investing (S2E2)
Flirting with Models
00:00
X I v - The Short Volatility Complex
Short vix t p complex became just truly huge. Sill explain it a little bit. A share of x i v is effectively a full dollar notional equivalent of volatility exposure, as may be, eight times levered to the underlying equity market. On a day when volatility goes up, in order to have the right amount of exposure on a market value basis, something like x i v has to go by VIX features back.
Transcript
Play full episode
