Trading Opportunity with TheTape

Trading Opportunity with TheTape

Woken from a volatility slumber

Spreads widen, but how much did vol pricing really change?

Mark Phillips's avatar
Mark Phillips
Mar 06, 2024
∙ Paid
A whimsical, cartoonish image in a 1990s animation style, depicting a serene, peaceful bedroom scene with a trader sleeping soundly in bed. The room is decorated with subtle elements of math and finance, such as charts and formulas related to options and volatility, gently integrated into the decor. Suddenly, a 'volatility boogey monster', a fantastical, comical creature embodying the concept of market volatility, bursts into the room, waking the trader. The boogey monster is colorful, slightly exaggerated, and not too frightening, aligning with a humorous and light-hearted approach.
Created with DALL-E

Setting the Table:

  • Yesterday volatility and activity picked up, as the SPX dropped 1% and the NDX saw double that. Both a little more of a daily range than the ATM vols were predict…

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