Here is something interesting I noticed last night. The May Put with Strike 2800 showed extremely high trading volume. It looks like some institution is buying a lot of Puts? or selling a lot of puts? I don't have the detailed data at hand so I can only speculate what it is. What do you guys think is happening here? Is there a signal here that...
Read MoreI woke up this morning to an announcement from CTFC (Commodity Futures Trading Commission) which is the regulator for commidities trading, in which they issues a WARNING to brokers, trading houses et al that Oil prices may go negative again running up to the June Contract expiry on 19th June 2020, which is next Tuesday (today is Thursday 14th May)....
Read MoreMarkets rally has been slowing down. Last night the FED gave a speech which signalled more turbulence to come, which of course is naturally expected, as the effects of COVID-19 lockdowns have not materialised yet. SPX starts it reversal AT the ema(200) which also coincides with a Resistance Line we have. Expect SPX to continue falling to the...
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