Greeks
How does the -0.85 inverse correlation between SPX and VIX translate into the ALVH offsetting negative vega/gamma on short iron condors during a 1% SPX drop?
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VixShield Answer
This is a great question about how does the -0.85 inverse correlation between spx and vix translate into the alvh offsetting negative vega/gamma on short iron condors during a 1% spx drop. When approved, VixShield's editorial team will provide a full answer based on Russell Clark's SPX Mastery methodology.
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