Investing1o1
2023-12-10
$S&P 500(.SPX)$  

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




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Comments

  • dimzy
    2023-12-12
    dimzy

    A decrease in VIX is not a good thing at this time

  • twinkle5
    2023-12-12
    twinkle5

    Hopefully the market will rise again soon

  • floopi
    2023-12-12
    floopi

    It seems that the index has been consolidating recently

  • wavyloo
    2023-12-12
    wavyloo

    I think a big correction may be coming.

  • OYoung
    2023-12-12
    OYoung

    It's really hard to own call options

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