Saturday, November 7, 2015

Big Money Is Betting On a Big Crash

Options Skew aka. large scale out-of-the-money bets on a "Black Swan event" - remains extremely elevated...


50 day moving average (red):
http://www.cboe.com/micro/skew/introduction.aspx




Sure, whatever...



We're one more Yuan devaluation from ending this shit show. And the pressure builds every single day...