vix

Federal Reserve Raises Discount Rate, WaWa Expiration Straddle Sellers, and an Update on NDX SPX swap

[caption id="attachment_1667" align="alignright" width="200" caption="Federal Reserve"]

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  • VIX pop, SPX drop, Indexes: VERY OUT of WHACK. SWAP ENTERED!

    Coming out of today, I do not want to make any prognostications. However, there are a couple of strange things that I can’t help but point out.

    SPX rally and VIX rate of change

    I noticed two things today:

    -The rate at which the market was recovering from the low of 1073 has slowed

    You may be saying WHAT!

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