Hacker News new | ask | show | jobs
by kqr 237 days ago
Why would one choose to be long an inverse volatility instrument? How is that in any world safe?
1 comments

Look at the total returns of VXX and you'll see why it's tempting to take the opposite position.

There are plenty of reasonable arguments to short vol, eg: https://www.nomura.com/events/9th-annual-global-quantitative...