Investing1o1
2023-12-10
$SPDR S&P 500 ETF Trust(SPY)$  

We've been stuck in this 4600 to 4540 range with the SPX for a couple of weeks now. Nothing much happening – it's like the market is on pause.

The only ones having a good time are the traders selling options.


If you're holding onto long gamma, your calls probably took a hit, but puts didn't hurt as much thanks to the cheap IV lately.

Now, let's talk about the VIX. It's been shrinking, taking a breather, but we know it won't stay quiet for long. The big question is: Is it gonna shoot up or chill out even more?


That's the thing that's gonna decide what the indices do next. December's turning out to be interesting, and this VIX move is gonna spice things up.


Stick around as we break it down in this video!


As always, trade safe and invest wise!


Subscribe to my YouTube channel for your weekly market outlook and technical analysis videos!

www.youtube.com/c/investing101channel


Video Link:

https://youtu.be/ZmYExei8uvc?si=kaDTgZcd2INQmnU6





Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • KittyBruno
    2023-12-11
    KittyBruno

    It sounds like the market is in a bit of a holding pattern right now, with the SPX stuck in a range. Have you noticed any patterns or trends that might signal a breakout in the near future?

  • MatthewWalter
    2023-12-11
    MatthewWalter

    The traders selling options are definitely having a good time right now, but it sounds like the longer-term investors are probably feeling a bit more anxious.

  • littlesweetie
    2023-12-11
    littlesweetie

    Do you think we'll see a big move up or down in the VIX, and how would that affect the market overall?

Leave a comment
3