Is Low Market Volatility Transitory?
In this weekend update, we discuss the movements throughout the markets during the past week. We also debate whether low market volatility is transitory or not.
00:24:25
Market Update--
--CPI was HOT the market move was NOT!
--Financials took a beating
--Tech rallied but not enough to move SP500
--Russell gets Meat-loafed!
Jay Powell and the FED are Back!
--FED meeting/announcement on WED
--Bonds once again take center stage
--Front week VOL in Bonds elevated
-- the volatility catalyst
Volatility is Transitory!
--Dollar - is this bid the turning point?
--SKEW - highest print EVER!
--VOL - risk is still prevalent
Selling Premium in Lower Vol--
--get a hedge on
--use back month premium
--reduce neg gamma risk
SPX Expected Move
--last week-- 53.14 (expected move)
--next week-- 59.53
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