Tip toe around a Christmas Rally this year

2022年11月28日

So here we are not to many deviations away from the last post on Hedged Equity funds being firmly in positive gamma territory.

Overall gamma for the S&P 500 options chain has been positive 15 straight trading days.

This indicates a 0.20% daily distribution along with a VIX that continues to compress into 2023.

However, there are indicators suggesting VIX is now oversold and may test higher ranges over the next month.


This would reflect a rug pull in December for JHEQX reset at the end of Dec.


There is only 1 man capable of such a rug pull.

Here are some economic event dates to prepare for.

Nov 30th Jerome Powell speech at 2pm
Dec 9th is PPI (before CPI may hint to next headline CPI)
Dec 13th is CPI
Dec 13/14 FOMC

2022年12月13日

註釋