Market Update--
--CPI was HOT the market move was NOT!
--Financials took a beating
--Tech rallied but not enough to move SP500
--Russell gets Meat-loafed!
Jay Powell and the FED are Back!
--FED meeting/announcement on WED
--Bonds once again take center stage
--Front week VOL in Bonds elevated
-- the volatility catalyst
Volatility is Transitory!
--Dollar - is this bid the turning point?
--SKEW - highest print EVER!
--VOL - risk is still prevalent
Selling Premium in Lower Vol--
--get a hedge on
--use back month premium
--reduce neg gamma risk
SPX Expected Move
--last week-- 53.14 (expected move)
--next week-- 59.53