Tomorrow Unemployment Numbers will be released.
Somehow someone with a very large capital knew to sell into the last candle of the day - like they know what tomorrows # is and are probably hedging.
Things that will happen tomorrow
- Massive quick pop in VIX when the # is released - which will shoot up VEGA and pop both call and put prices.
- Following the pop it will decay again.
- It may be strong enough to induce the predicted double-bottom W.
__IF YOU ARE SHORT__
Because this market is starting to build momentum to buy again pricing in the pandemic those who are trapped underwater with dying puts may have a 'last minute' opportunity to get out.
__IF YOU ARE LONG__
It will present an excellent second opportunity to get your calls and long positions..
Somehow someone with a very large capital knew to sell into the last candle of the day - like they know what tomorrows # is and are probably hedging.
Things that will happen tomorrow
- Massive quick pop in VIX when the # is released - which will shoot up VEGA and pop both call and put prices.
- Following the pop it will decay again.
- It may be strong enough to induce the predicted double-bottom W.
__IF YOU ARE SHORT__
Because this market is starting to build momentum to buy again pricing in the pandemic those who are trapped underwater with dying puts may have a 'last minute' opportunity to get out.
__IF YOU ARE LONG__
It will present an excellent second opportunity to get your calls and long positions..