Hi all. I’m considering to short the vol on those 2. What are your thoughts about Iron Butterfly for that purpose? Of course will be doing gamma scalping. Shorting vol on GLD and SLV byu/kitedan inoptions Posted by kitedan
MagnificentLee on December 28, 2025 3:20 pm Just do a put credit spread. If you constrain the upside you’re really asking for trouble.
bush_killed_epstein on December 28, 2025 3:56 pm Don’t short vol right now on metals, I couldn’t think of a worse idea
Away-Personality9100 on December 28, 2025 3:57 pm I sell put spreads every week. GLD and SLV will go much more up.
4 Comments
You mean hedging.
Why Butterfly?
Just do a put credit spread. If you constrain the upside you’re really asking for trouble.
Don’t short vol right now on metals, I couldn’t think of a worse idea
I sell put spreads every week. GLD and SLV will go much more up.