As has been the markets M.O. the day to day movement has been in a pretty solid range.
The SPX is sitting there pretty steady. The market is wondering around changed and unchanged then WHOOMP, the SPX loses 15 handles in 15 minutes or so?
To all the Soldiers who are defending our country, have in the past, and especially those who have given their lives, Thank You.
Next week will be a bit of a cross roads. Two questions need to be answered:
Traders the market priced out the weekend today, vol fell and we moved up the curve. These are the three factors that led to the huge drop in the VIX today.
Today has certainly been a weird one. With the market down almost 2% on the open IV was completely unchanged. On top of this skew was falling. Any increase in the VIX this morning was from movement
VolTraderBlog is the blog of one of my star students. He asked if I would be interested in having him write a few guest posts. I quickly said yes because anytime I can get an intelligent trader to w
I have to say this was one of the craziest weeks I have witnessed as a trader. Certainly this is the craziest since 2008.
The SPX drop 86 points at one point dropping over 7%.