Macro Theme:   Key dates ahead: 11/13 CPI We are long of equities while SPX is >5,900, with an initial upside target of 6,000 (Call Wall). From pre-election: "Jan NVDA and/or QQQ calls are our preferred way to hedge the election/FOMC right tail, as call skews...

Macro Theme:     Key dates ahead: 11/13 CPI We are long of equities while SPX is >5,900, with an initial upside target of 6,000 (Call Wall). From pre-election: "Jan NVDA and/or QQQ calls are our preferred way to hedge the election/FOMC right tail, as call...

Macro Theme:   Key dates ahead: 11/7 FOMC We are long of equities while SPX is >5,900, with an initial upside target of 6,000 (Call Wall). From pre-election: "Jan NVDA and/or QQQ calls are our preferred way to hedge the election/FOMC right tail, as call skews...

Macro Theme:   Key dates ahead: 11/5 - 11/6 Election 11/7 FOMC We are currently neutral of equities until/unless SPX recovers >=5,800, and short of equities if SPX <5,700. 5,850 is pre-election resistance. Jan NVDA and/or QQQ calls are our preferred way to...

Macro Theme:   Key dates ahead: 11/5 - 11/6 Election 11/7 FOMC We are currently neutral of equities until/unless SPX recovers >=5,800 5,850 is pre-election resistance. Jan NVDA and/or QQQ calls are our preferred way to hedge the election/FOMC right tail, as...

Macro Theme:   Key dates ahead: 10/31 CORE PCE 11/1 PMI 11/6 Election 11/7 FOMC We remain long of equities while SPX >5,800, and neutral <5,800. Currently we do note see a material negative gamma SPX position until <5,700, suggesting a lack of strong...

Macro Theme:   Key dates ahead: 10/31 CORE PCE 11/1 PMI 11/6 Election 11/7 FOMC We remain long of equities while SPX >5,800, and neutral <5,800. Currently we do note see a material negative gamma SPX position until <5,700, suggesting a lack of strong...

Macro Theme:   Key dates ahead: 11/1 PMI 11/6 Election 11/7 FOMC We remain long of equities while SPX >5,800, and neutral <5,800. Currently we do note see a material negative gamma SPX position until <5,700, suggesting a lack of strong "risk off"...

Macro Theme:   Key dates ahead: 11/1 PMI 11/6 Election 11/7 FOMC We remain long of equities while SPX >5,800, and neutral <5,800. Currently we do note see a material negative gamma SPX position until <5,700, suggesting a lack of strong "risk off"...

Macro Theme:   Key dates ahead: 11/6 Election 11/7 FOMC We remain long of equities while SPX >5,800, and neutral <5,800. Currently we do note see a material negative gamma SPX position until <5,700, suggesting a lack of strong "risk off" positioning....

Macro Theme:   Key dates ahead: 11/6 Election 11/7 FOMC We remain long of equities while SPX >5,800, and neutral <5,800. Currently we do note see a material negative gamma SPX position until <5,700, suggesting a lack of strong "risk off" positioning....

Macro Theme:   Key dates ahead: 10/24 Jobless Claims 11/6 Election 11/7 FOMC We remain long of equities while SPX >5,800, and neutral <5,800. Currently we do note see a material negative gamma SPX position until <5,700, suggesting a lack of strong "risk...