He’s actually right about that. The reflexive nature of buyside put buying with the growth of U.S derivatives will lead to MM’s jacking the vols sky high on $SPX options to slow down that “gamma” whirlwind. That in itself will lead to $VIX pricing we have not witnessed before.https://twitter.com/zerohedge/status/1369403594936565761 …
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What cha talking about Macro ?(Gary Coleman voice)
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