4/3 Monday

Daily log

Looking at the movement of the VIX index last week, it’s coming down nicely. We can say that the volatility does not stick to the high level. Even if it rises, it will quickly settle down to a certain level, which is just like described in a textbook. In other words, backwardation (although it didn’t happen last week) often returns to contango without long days taking and deepens. This is the core of my investment strategy.