Thursday, June 23, 2016

ALL IN @Global Meltdown

Traders were tripping over themselves to get in ahead of the vote being announced...







"You have to get in ahead of everyone else"
"Ok"




Unfortunately, this has nothing to do with Brexit...



Betting heavily that volatility implodes, rather than explodes...
VIX Option Put/Call Ratio:




VIX Futures: Massively leveraged bullish bets

VIX Net Leveraged short (red). UVXY (2x VIX) short interest (blue). VIX lower pane...



Not the safest bet to make from an historical standpoint...




We see from 2008 how well that works when Momentum (lower pane) is negative...










Gamble at your own risk