“And boy, has volatility gotten the punch!”
What’s left to say about these markets? … VIX everywhere getting “gut
punched”, no more so than in WTI crude oil & FX. I can’t remember the last
time Cable has been so slow, and in such tight ranges … and oil just continues
to run like a snail.
Last night saw a dramatic drop in call spread premiums, but even with that,
it’s not enough to overcome the premium evaporation when there’s no
volatility. And right now, no tight range seems ridiculous enough to not be
lower the next day … we’re still inside a weekly candle in Cable that goes
back to March 10, and literally stuck in neutral, with ranges that get tighter
every day it seems … frustrating, but nothing you can do about it … it ends
when it ends.
Have a great day everybody!
OUR NADEX SIGNALS SERVICE IS UP & RUNNING … DAILY
WTI CRUDE OIL SIGNALS & “VOLATILITY” STRATEGIES
IN 20 OTHER MARKETS, INCLUDING COMMODITIES, FX,
& STOCK INDICES! … “what on earth are you waiting for”?
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