Below is a brief excerpt and the "Chart of the Day" from today's Early Look note written by Ryan Ricci.
"Another important thing, the higher volatility on the Short Dated Vol Calendar is due to a calendar date. The last time I checked there is nothing fundamental that changes when we go to 2025. So, if you have been following the Hedgeye process, you were buying the opportunity last week, selling some on bounces, then looking to reload long if the market actually does have heightened volatility into next week."
