Hi!
On today’s Income from Options Weekly we have higher vol options to start the week, both as a hangover from last week’s sell-off but also with a ton of earnings (AMD MSFT AMZN and lots more) and FOMC / nfp jobs number one-two punch. The expected move for the rest of the week is 1.7% in SPX and 2.6% in QQQ. Much larger expected moves than we’ve seen in months. We look at condors, levels and discuss how the $VIX reacted to last week’s selling and how it’s acted on prior pullbacks and corrections as a potential buy signal. Hope you enjoy!
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