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imiloa

12/22/23 4:08 PM

#379112 RE: JoeWo #379109

JoeWo, re: why UVXY down a bunch but SPY not doing much,

SPY & UVXY have not behaved as usual all day.
fwiw, my theory below,
pasting earlier posts today:


--- Post #379,066
SPY and UVXY still rallying together.
seems a bot grind upwards
vs negative investor sentiment.

tho, in context of timing,
UVXY reflects 30-day SPY options
which is mid-jan at this point,
when heavy puts seem reasonable.

so this could just be a logical disconnect
given the inflection point of the new year.


--- Post #379,068
now SPY and UVXY both rolling over together in synch?
that seems odd.
as if SPY sagging now
somehow makes mid-jan SPY calls more attractive?
prolly just an odd coincidence?


--- Post #379,071
re: They are working in unison today
which they logically shouldn't.
but could just be the inflection point of the new year,
with SPY bots still driving upward for fund ROI window-dressing
while VIX reflects anticipation of post-window-dressing sell-off by mid-jan.

2H2

12/22/23 5:19 PM

#379114 RE: JoeWo #379109

Volality crush Friday. Happens most Fridays.