Informe Option Levels
Macro Theme: Key dates ahead: 12/31: Jobless Claims, year end exp (JPM) 1/1: New Years 1/2: NFP SG Summary: Update 12/26: The Risk Pivot is now 6,900. As the bullish OPEXMas closes today, we also shift to a generally more neutral stance vs bullish. IVs are now at...
Informe Option Levels
Macro Theme: Key dates ahead: 12/24: Xmas Eve 1/2 Day 12/25: Xmas SG Summary: Update 12/18: Risk Pivot holds at 6,800 – if that level is recovered then we think it’s a signal of our previously discussed “Xmas rally”. Above 6,800 we would look...
Informe Option Levels
Macro Theme: Key dates ahead: 12/24: Xmas Eve 1/2 Day 12/25: Xmas SG Summary: Update 12/18: Risk Pivot holds at 6,800 – if that level is recovered then we think its a signal of our hereto over-talked “Xmas rally”. Above 6,800 we would look to add...