Page 3 - Vol Control News Today

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

MacroBusiness Access Subscriber Only Content at 12:00 pm on July 26, 2021 | 2 comments Over this year we have watched as various Wall Street investment houses have made a hash of sector rotations and equity factors.  Today I can report that they are increasingly falling in behind MB (which may not be a good thing!). The most bearish on stocks and hawkish on inflation has been BofA. No longer! Tale of the Tape: China = best government bond marketYTD (4.5%), 2nd best currency vs US$ (0.9%), wors...

MacroBusiness Access Subscriber Only Content More grist for the growth scare mill from a new Goldman note: 11 point Checklist – Consensus client feedback for a quick equity risk reduction into potentially lower buy demand into Jackson hole. The consensus feedback seems to be calling for a -5% correction, which really gets to -4%. This is a recap of the talking points about to hit your inbox this week. I think this morning’s rally gets faded as buy tickets are completed early in the day. �...

by Tyler Durden Wednesday, May 26, 2021 - 11:55 AM It may not feel like it, but the market is pretty much dead: as we noted last night, Tuesdays consolidated volume just tumbled to the lowest of 2021, while total options volume yesterday was 540,000, which was less than Christmas Eve and also the lowest volume of 2021. Whats going on here? Well, according to Nomuras Charlie McElligott, the " chokeheld" market is acting frozen because it is "stuffed to death on options Gamma", with a ton of vol...

by Tyler Durden Thursday, May 20, 2021 - 01:09 PM As discussed earlier, a quick look at the "gamma tilt" in markets, suggests that there is more downside risk than upside ahead of tomorrows sizable op-ex, which sees roughly 30% of dealer Gamma drop-off in SPX / SPY consolidated options, but even more notably, half to gamma in QQQ and 55% in IWM is also about to roll-off. Here are the details on the various gamma strikes and sizes courtesy of Nomuras Charlie McElligott who notes that the largest...

by Tyler Durden Authored by Charlie McElligott via Nomura, Bonds calm overnight, stabilizing from yday afternoon’s  stunning VaR-event in Rates / USTs (particularly the belly, yikes), peaking following the 7Y auction bloodbath stress point (tailing by almost 5bps!) as Butterflys then exploded higher in unprecented 1d move fashion ( indicative of RV / leveraged stop-outs), then evidencing itself further in accelerated deleveraging across “reflation” faves (longs in steepeners and TIPS BE...

Inconsistent supply is biggest challenge to Covid vaccine rollout, says NJ hospital CEO "We just cant get it and we cant get it on any reliable path. Its very difficult," Holy Name Medical Center CEO Michael Maron told CNBC. Yesterday morning, when discussing the latest rates thoughts from Nomuras Charlie McElligott (read here), we pointed out that while dealer gamma was now neutral suggesting the without a gamma "pin", the market could turn volatile in the next few days, there was one cavet...

"new york times" chief diplomatic correspondent, stevensteven irlanger. thanks for being with us. >> thanks, rosemary. >> president trump is giving every indication he will keep the shutdown until he gets his border wall. but the democrats say he is not going to get that wall. if neither side blinks, the government will be shut down for some time. what are the ramifications of a long-term shutdown and who gets the blame? >> well, in the end, the people who get hurt the most are government employ...

>> dennis: i wouldnt say at this point. i think he stabilized last night. i think he had gimbles as they used to stay in the nasa program when things were spinning out ol control. he lived to fight another day. one thing i didnt understand, bill, and maybe you can tell mee in the interview when you wereut talking about how much tax baseo would be lost, does it necessarily reflect that it would be lost? isnt it possible the taxul revenue would go up in direct proportion to a diminution in the rat...