This is truly remarkable for a 2T $ company. 2 year vol on $MU at 91%. $NVDA hit 58% at the peak in 2024

From history, when my short Vega starts acting like short gamma, we are in 1 week of the top. #DRAM #MU

Really interested to see what goes down faster Silver spot or Silver vega. What do you guys think?

I think we can all agree this is absolutely wild. I cant recall if BTC long dated vol ever got to these levels. My september OTM options have completely lost their gamma. Wow

My -10k Silver vega starting to feel like -50k... Considering the spot/vol correlation, it feels like (hopefully) the pull back is near...

Not huge but also short naked Vega always causes me extra basis points in mental health. Short 6k Vega (Sep) against 2k delta (as of Friday). Let’s see.

Interesting to see $UNH spot price relatively unchanged over the past week, while the 30-day implied vol dropped sharply from 75% to 47%. Seems like the market is gaining confidence in a fair value around $291 (down ~55% from highs), despite ongoing legal issues. Could LVLD (long vol, long delta) be the play here?

After hitting some wild swings, I’ve realized, it doesn’t matter where you are going. It matters who’ve you’ve got around you.

Ecstatic to release first pod episode. I interview "Chicago Steve" a protail trader who has made his money through single name vol and real estate. We cover a wide range of topics please send me any feedback. I hope you enjoy :) youtu.be/UCIIXtMTugs

Well this did not go as planned. Down $1mm on this position. But we live to fight another day. Thanks for sweating this one out. It wasn't easy to hold

Have people forgotten ARM has earnings next week? Im long quite a bit of event vol. Marked down 150k and might as well sweat this position out with you

Moving to Barcelona for a bit. Anyone in the Catalan region want to meetup to talk shop?