Ivolution Research Journal · Working paper

Vol-control de-leveraging procyclicality

Estimated vol-control-fund de-leveraging (following realized-vol spikes) precedes continued negative returns over 1-5 sessions (flows are procyclical).

CAL-03 · v1·Proposed·Narrative — weak evidence·Calendar

Cite as: CAL-03: Vol-control de-leveraging procyclicality. Ivolution Research Journal.

Publication status

The study is published as a working paper while a required data source remains unavailable. No result exists yet.

The abstract and product-safe scope metadata are public. Methodology, falsification, limitations, citations, and governed results for CAL-03 are available to Terminal + AI members.

Symbols

SPX

Regimes

Aggregate · Positive gamma · pin · Positive gamma · drift · Negative gamma · trend · Negative gamma · chop · Event day

Horizons

1 session · 5 sessions