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 Take profit on Short ESZ8 below 2716 October 23, 2018 Vix is back to low range of the new Vol regime: Buy convexity May 26, 2018 Buy WTI crude oil November 9, 2018