Crash Trades Still Not Expensive
Vix does something amazing
This upcoming vix chart is one of the most interesting vol related charts I’ve seen in some time. Firstly for context, regular readers are familiar with my consistent use of 9-day vix instead of 30-day, and the reason is simple. Famous bank robber Willie Sutton when replying to a question of why he robbed banks responded with, ‘Well that’s where the mon…