VIX FUTURES: MacroDoζer Summer Special 5/5 (+62%)
We Are Closing Our Last Summer Special Trade
“Our income grows as we grow.” Team MacroDoζer.1
We saved the best for last; volatility returned.
A technical retrace came true as if witchcraft worked.
It was an excellent call to stick to the ETF.
Contango drag, short put credit spread: We lived the summer to the fullest.
1. Recap Situation
We got a bit political in Summer Special 5/5. However, we also believed that the market was due for a correction and felt volatility might come back.
Check out the original BrainDoζer below.
2. Why Now?
The S&P 500 has retraced as we assumed. No surprises.
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