Strategy Session
–Backspreads – outlier strats
–In/Out Spreads
–Duration Positions
–Buying Irons
–Calendar Spreads
–Long/Short
The Disconnect, asset pricing and main street
–Blame the FED?
–Blame the Qaunts!
Next major move will be about MAGNITUDE!
–high correlations
SPX Expected Move
–last week– 101 (expected move)
–actual move– 121.05
–next week– 80.50