OPEX on Friday was uneventful, the market still sticked to its pin at 4700. Total gamma decreased 158M to 520M, gamma inversion occurs at 4630. Remember: Below that level "anything goes" regarding vol. Note that there are no significant gamma markers between 4700 and 4630 that could support the market. Yes, the market seems boring, but as David Salomon said recently (see Zerohedge): "Something will rebalance", the question is only when. Also consider the ominous divergence between VIX and MOVE. Stock market vol is ultra-cheap currently compared its bond market equivalent. This anomaly that will mean revert eventually.
註釋
Well that escalated quickly. 10 minutes in and target is already reached. Can we establish a new range between 4725 and 4750 now?
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。