04.20.22 | Multi-factor Algo Still Bullish and Hedged

An increase in the purchase of insurance puts today … which, at the current level of $-Net Put Delta, is stabilizing.   Defervescence in the $VIX continues.   $VVIX below the magic 110 level.   Geopolitical volatility index down, despite Putin’s sabre rattling and the ongoing heartbreak in Ukraine.   Dark liquidity index remains on “accumulation” and TRF percent of total market volume is stable.