Author: Stephen Harlin, MD
SPY Straddle
Only one option in Friday’s UOA screen
Chubb about to payout for the Malibu, California wildfire. This a $1.5 million (anti-fragile) bet on the stock falling.
Scenario Planning
/ES Pre-election: Calls at the bid
2s30s closed at 54: volatility ahead.
Watching for furthering steepening. Unfavorable for banks.
XLF Puts
All of the speculation, today, on the put side.
