Ask Me Anything with Euan Sinclair 19 June 2025
In this Ask Me Anything, Euan addressed the following questions: We didn’t have time for all the questions, but Euan will be doing more of these in the future. Here’s the replay:
VIX
The Volatility Risk Premium in a tumultuous market
I don’t need to tell you that the stock market’s been on a wild ride these last few weeks. But going back even further, since about mid-2024, the VIX has been regularly popping up into the 20s, in contrast to the sleepy teens we saw in the first half of that year. So what’s happening …
The VIX Futures Basis
In the eye of the recent storm, with VIX up over 50, many traders were looking to “short the VIX” using products like TVIX. “Surely it’s going to coming back down?” Well yeah, it will, eventually, but that doesn’t mean that you can profitably short VIX products. First, some basics… What is VIX? VIX is …
