Big Bond Traders are Back

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

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1 Comment

  • RON

    August 15, 2020

    When 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.