In this episode I am joined by Mutiny Fund CIO Jason Buck and our close partner at RCM Alternatives, Jeff Malec.
In this quarterly review, we discuss what we saw in volatility markets and how various volatility strategies performed in Q4 of 2020 and what we might expect to see in 2021. We go into the VIX term structure around the election, the impact of retail call buying, and the dislocation of the normal relationship between volatility and equities.
In addition to our conversation, Jason also sat down with Bastian Bolesta from Deepfield Capital which employs volatility arbitrage and short term trend following models and Wayne Himelsein from Logica Funds which focused on long options strategies for their takes on the market in Q4.
To give a bit of context, Q4 2020 saw The S&P up about 10.9%, and the VIX down about -14% though it was mostly range bound between 20 and 25 with one spike at the end of October.
We wanted to release this publicly so we don’t go into specific performance here and will instead focus on volatility markets broadly. Accredited investors interested in learning more can contact us at info@mutinyfund.com for more information or submit an inquiry on our site.