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 short walmart for a 94.55 target November 6, 2018 Buy STM FP August 31, 2018 we stop our long trade in Inditex September 4, 2018