Macro-to-Micro by Samantha LaDuc

Macro-to-Micro by Samantha LaDuc

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Macro-to-Micro by Samantha LaDuc
Macro-to-Micro by Samantha LaDuc
Can Market Move Higher With Sky-High SKEW?
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Can Market Move Higher With Sky-High SKEW?

Big opportunities come with big risks AND the unwinding of those big-risk bets. ;-)

Samantha LaDuc's avatar
Samantha LaDuc
Oct 18, 2024
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Macro-to-Micro by Samantha LaDuc
Macro-to-Micro by Samantha LaDuc
Can Market Move Higher With Sky-High SKEW?
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Climbing That Wall Of Worry

Markets are at all-time-highs with many weary and worried about momentum waning.
A sign of this worry is sky-high SKEW - literally hitting a 52-week high of 171.72!

SKEW, as a measure of investors reaching for hedges in VIX, seems to be screaming "HOLD UP!"

But as many contributors here at LaDucTrading have been posting - the options market is reaching for ever-higher levels of calls in SPX and NVDA.

Engage with our financial services firm.

And as I have been posting since September 11th: "This is the market NVDA built."

So is big money expecting a melt-up, or positioning for a 2016 repeat of a Trump win?

Either way, as market grinds higher, with VIX staying bid and SKEW at extremes, we are dangerously approaching levels of a melt-up. This is something I have already warned and written about past few weeks.

What Are Chances Of A Melt-Up From Here?

Samantha LaDuc
·
October 10, 2024
What Are Chances Of A Melt-Up From Here?

» CLUB/EDGE client post OCTOBER 9TH, 3:00 PM ET.

Read full story

So let’s dig in to some of my “tells”…

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