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
