Adding convexity in Nasdaq100 Nasdaq is back near to the top of its annual range and implied vol at the low (strangle July 7050 call – 6960 put at 14% Ivol), versus a realized vol around 20% Look like a great level to initiate cheap gamma exposure to Fang You Might Also Like Buy Sika (SIKA SW) below 135 for a target @ S155 June 22, 2018 SC trade 1: long EWZ May 22, 2018 Take profit on 1288HK to reduce our EM allocation September 26, 2018