Amy Wu Silverman 1.9 1 idea

VIX is at 23. Amy Wu Silverman states that "in geopolitical situations, the options market tends to be historically bad at pricing them" and that it "paid to be under pricing them" previously (implying VIX goes higher). She argues that this conflict risks spiking correlation across asset classes (everything moves together). When correlation spikes, the spread between single-stock volatility and index volatility closes, pushing the VIX significantly higher. LONG. Volatility is likely to remain elevated or spike further as the market digests the duration of the conflict. Market desensitization to the headlines (news fatigue).