|
Ol’ Wisco | Implied vols (the expected volatility of the market) are low/boring, call skews (premium of price/demand) are running 50% below seasonal/historic norms. Traders see no real new news to convince them to put on any additional risk on the upside. If 375' holds we chop through this range awhile longer. If we break below 375' and IV rises and skew swings to an inverse or disappear (puts prices higher to calls) I would target a level of 335' area. I ve said it a few times, just my perspective. I think the option markets give the best insight when looked at objectively
Edited by thereaper 7/30/2017 21:32
| |
|
|
We've all heard of the ice bucket challenge. Well,
