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 We close our short Tesla September 7, 2018 close short on PANW November 15, 2018 buy box below 25.5 May 31, 2018