$UVXY “holding puts in UVXY wins 100% of the time” 🥴🥴.. Where’s the Vol Equation kid and his clown squad?… Short Vol can have some amazing strategies implemented , this ‘long-dated puts 24/5 wins all the time’ thing I’ve been seeing here is straight up wrong. Unless there is a higher rate of beta slippage, ‘vol drag’ as some say, in a volatility regime… You’re getting played by sellers.
@Bijagual I thought the same thing myself. They seem to show up when volatility starts dropping. Everyone gets hyped up buying puts. Then in the next couple trading days , volatility raises, and suddenly your puts are worth 30% less