JHQTX and OPEX Window of Weakness
1. Vanna and Charm Flows gain strength
2. VIX Print for the month
3. Window of Weakness
Options and Vol are entering in a very fragile time when flows can be at their technical weakest.
When social media start speaking about goldilocks (economy goes not to hot, not to cold).
That could be this months OPEX (Options Expiry).
A...
There are specific times when the bottom gives out on the markets and we get big drawdowns.
Other times, what you think is going to bring down the markets is actually giving them more resilience.
The Market is not the economy.
It will do what it needs to. In 2008 it was liquidation of banks. In 2020 it was a threat to our way of life.
Tomorrow, who...
Big fan of FinTwit and 15 minute VIX.
Falling Wedge Reversal Pattern
StrizziJ Calls out the top this morning on Tue 15min.
Cem Karsan (Jam Croissant) explains in a tweet in January that these are Vanna Flows.
Vol down every day means buying indices overnight.
Vol up means selling overnight.
Vanna/Charm flows are hedged by banks & naive primary dealers on...
