Bonds on the move
-- Rates move higher, XLF stalled
-- Buying bond volatility
-- Utilities- get ready to move people
SlopFEST!
-- A/D line rising with markets falling
Backspreads and Gamma Irons -
-- Long Gamma and Vol
-- IV buyer - Long Gamma
-- IWM, LULU, SPY, GLD
-- NFLX
SPX Expected Move
--last week-- 63.05 (expected move)
--next week-- 64.02

1 Comment
RON
August 15, 2020When you talk about buying irons, you should always mention the fact that the breach of the EM has to be more than the debit paid to breakeven or make a profit.