Logica Capital commentary for the month ended April 30, 2023. Summary Relative to the 1.5% gain for the S&P 500, implied volatility got disproportionately whacked in April, resulting in a fierce headwind for Logica’s strategies (as well as the naïve straddle benchmarks). To give some perspective, the “rule of thumb” historical norm… Continue reading Logica Capital April 2023 Commentary
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