Futures are up sharply…
…as VIX is being crushed in order to provide cover for about $2 trillion in options expiring today.
We’ve been seeing this all week, with multiple downturns reversed by late-session assaults on VIX even as earnings and economic data have argued for lower stock prices. Chase this rally at your own peril.
continued for members…
Sorry, this content is for members only.Click here to get access.
Already a member? Login below… |