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by OutOfHere 239 days ago
If it didn't work, of course I wouldn't use it. Duh.

The only way to survive in the long term is to become a part of the ecosystem that delivers more value more than it extracts. This is not impossible.

Moreover, the analogy with XIV is 100% bogus. There is nothing safe about 0DTEs. If you knew the first thing about 0DTE, you would know that it is held very selectively, not like XIV. A good number of the 0DTEs get wiped to $0 every day, not once in ten years. XIV was unforgiving just once; 0DTEs are unforgiving as a routine. Also, the logic behind inverse volatility offerings has been updated to mitigate the risk of what happened, not that it holds any relevance to this discussion.