The Trade Driving Markets Higher

Trader Geek Speak

–SKEW is extreme – index puts pricing big boy tail risk

–no signs of correlation

–Bonds drop driving rates higher

–SPX rips through upper expected move

–Gamma risk driving SPUZ in a perpetual trade to the upside

–infuential products
SPX, SPY, VIX, TSLA, AAPL

SPX Expected Move —
–last week– 60.05
–next week– 62.16

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