SPDR S&P 500 (SPY): maybe the reason VIX hasn't sunk lower...

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Re: risk on post# 233065

Friday, 05/26/2017 6:26:34 AM

Friday, May 26, 2017 6:26:34 AM

maybe the reason VIX hasn't sunk lower
is large SPY holders leveraging more SPY put options as hedges against long positions at these altitudes?

if so, that suggests market wariness.
but does not imply markets won't rally another 20-30% from here.
viz, TINA, exuberance, buybacks, etc...

99.99% of all pinks are scams. Best to assume the other 0.01% are as well.

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