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 Halliburton below 48 for a 54.5 target June 11, 2018 adding long gamma trade in dax June 5, 2018 short HAS US September 25, 2018