In today’s briefing:
- S&P/ASX 200: All-Time Highs, Complacent Vols and a Tactical Hedge with a Relative Value Edge

S&P/ASX 200: All-Time Highs, Complacent Vols and a Tactical Hedge with a Relative Value Edge
- S&P/ASX 200 posts a rare rally, joining an elite list of historical moves.
- Implied volatility has collapsed to multi-year lows despite the surge in price.
- We discuss a defined, cost-efficient structure that allows positioning with asymmetry and edge.
