The trade that keeps on giving.
It's the headline cascade. After calibrating my pivotal grid for a smooth move-in $BTC/Bitcoin earlier in the day.
We want to wait to start allocating our profits to VIX. In September we purchased VIX as a hedge and it more than paid off. This is mostly a cyclical trade. Our game plan was to buy as close to $20 as possible.
I do also believe that headlines are exacerbated even more than they usually are which can lead to large players selling off giving us volatility again.