Welcome to our inaugural “This Time Tomorrow” post, named after the Kinks song by then same name. If you have never heard it, listen below, a classic. The purpose of the post will be to …
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The market opened higher on Italian election results until it turned out Berlusconi still had a chance. The S&P 500 hovered around 1500 until it broke it and broke hard. 1) SPY – taking up …
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On a day that saw the lowest SPY volume since 12/24/2012, index ETFs traded a good bit of protection. AAPL – Call to put ratio near 2 today, as the weekly 500 calls traded around 40k …
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With the VIX getting absolutely destroyed following the successful Fiscal Cliff deal in The Swamp, Dan and I started looking at ways to take advantage of a spot VIX in the mid 14s. The VIX …
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Calls dominated trading again, as the CBOE put/call ratio dropped to 0.70, near the lows of the 0.63 – 1.43 range for 2012. BAC – The Dec 11 calls traded more than 100k, as BAC …
Continue readingI just noticed this today, but the CBOE put / call ratio that I follow on Bloomberg hit its lowest level in 2012 yesterday, as many more calls traded relative to puts: It …
Continue readingIn a highly correlated +2% up day, calls dominated options action, sending the CBOE put/call ratio down near its lows of the past 2 months. . XLF – Heavy call volume (more than 4x as …
Continue readingI like to use this space to give all of you a sense of what macro indicators I look at on a daily basis. Today’s chart is of an indicator that I haven’t mentioned before. …
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