Friday, December 18, 2020

Is the VIX Rigged or is the Market, Vaccine News Just That Strong?

As oulined in an earlier post, VIX Dec 16 puts were purchased, as a speculative bet and for insurance.  Expired worthless.  Under the following environment, how can this be?

US Election transfer

Lack of approved US Stimulus Plan 

Improving yet beaten down Economic data and record high governemnt deficits, total debt

Brexit 

Markets at all time highs

Tesla inserted in the S&P index (anticipated sell off in markets December 21 or 22)

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