Is the third time the charm? Stock market opens September with a bang. Dan points out a combination of technical, psychological and fundamental indicators helped propel this market higher. He saw very active put buying in the VIX pit as it appeared traders were repositioning for lower volatility expectations. Short term, the market has broken the August downtrend.
Featured Posts
Are option traders expecting a major sell off in June? $VIX had been smashed today prior to last 30 minutes of trading and then $SPY puts found a bid. #EAVOL https://t.co/dpBynvQkB7
Market Commentary
Brian Stutland