iluninate is a glow in the dark dance show with break dancing, hip hop and classical themes. Nice!
From the New York Times.
I don’t trade options anymore so I missed this great idea from CBOE.
"The power of the VXTH index comes from the exceptionally high returns garnered by VIX calls in times of steep stock market declines. This means few VIX calls need to be purchased. To further increase efficiency, the VXTH is carefully calibrated: the weight of the VIX calls in the portfolio varies at each roll depending on the likelihood that a "black swan" event is about to occur. This has the effect of reducing hedging costs and monetizing VIX option profits when extreme volatility levels are reached. This monetizing of the VIX option position in turn means that overall capital can be preserved."
Sunday ride around New York City.
Beautiful day in Battery Park City.
“The Fatal Weakness tells the story of Ollie Espenshade, who, after 28 years of marriage is still an incurable romantic (her fatal weakness). Perhaps discovering that her husband is a lying cheat will cure her?”
I think the median age in the audience was about 70. Nonetheless, I really enjoyed this ostensibly superficial take on an old topic.
New running path — to breakfast.