One-Week Volatility Snapshot

The vol risk premium is still sitting comfortably in positive territory at roughly 10 vols—solid setup for those shorting volatility. But here's the thing: realized vol has picked up steam lately, and that gap is tightening fast. We were looking at around 24 vols just three days back. Now? The spread's compressing as actual market swings intensify. Keep an eye on whether this repricing continues or if the premium holds ground. The dynamics are shifting, and position management matters more than ever when these metrics start moving.