MacroCue

Markets talk. Volatility talks first.

Macro takes through a volatility lens. Education, not advice.

[MacroCue @MacroCue]

Volmageddon took 17.6 points on the VIX. The funds that died needed the VIX futures to double, and in a calm market that is not far. Here is how it happened and what changed.
$VIX $SVXY $SVIX $VXX

[MacroCue @MacroCue]

The crude inventory report moved USO more than options priced: +3.3% to 146.07 at the Nov 12 close, against 2.0%. Next up, the gas storage report Fri Nov 13, 10:30 AM ET. $USO

[MacroCue @MacroCue]

@unusual_whales I feel the Christmas spirit here

[MacroCue @MacroCue]

Vol kept its floor and 7601 broke. Dealer hedging now feeds tonight's earnings moves.

Nov 12 close: S&P 7592, -0.35%, inside the +/-1.10% options priced. VIX 18.76 at 4:15 PM.

The vol model runs light. Friday's 8:30 ET producer prices decide 7601.

$SPY

[MacroCue @MacroCue]

@KobeissiLetter He is definitely good at keeping the status quo

[MacroCue @MacroCue]

@Mr_Derivatives Money has to rotate somewhere I guess

[MacroCue @MacroCue]

@Mr_Derivatives Trading the VIX is no joke but theean reversion always happens it is just a case of how quickly. This time very quick.

[MacroCue @MacroCue]

@VolatilityVIX There must be more to this. Not that what has come out isn't bad enough.

[MacroCue @MacroCue]

@vixedsignals I am surprised we aren't getting a bit more of a move in vol this morning. Definitely plays more into the fad thesis.

[MacroCue @MacroCue]

Ondas is down 5.3% by 10:00 AM ET. 40% of the 13.2% options priced. Third straight drop after earnings. On deck: NVIDIA reports Tue Nov 17 after the close. $ONDS

[MacroCue @MacroCue]

Nebius beat easily and the stock went the other way: down 16.9% by 10:00 AM ET. Options only priced 13.1%. The market stopped paying for quarters. What happens by the close though? $NBIS

[MacroCue @MacroCue]

Options price the crude inventory report at 12:00 PM ET about where history puts it: a 2.0% USO day against a 2.0% median over the last eight crude report days. USO fell 8.1% on one of them. Priced from the Nov 11 close of 141.47. $USO

[MacroCue @MacroCue]

Nvidia off 7% pre-market as its board weighs Huang's future. Vol has a floor today.

The vol model: 38.1% in short vol at the Nov 11 close, up from 14.6%.

The S&P cleared 7534, as called. Today 7601 decides, where dealer hedging stops damping moves.

$NVDA

[MacroCue @MacroCue]

@dollar_mara Honestly have no idea who she is. I am thinking it should stay that way.

[MacroCue @MacroCue]

@leveragingtime_ @jbfinancebull I am but a simple man 😂 700 HP and that grill just do it for me

[MacroCue @MacroCue]

@SPXVIX 😂😂😂 she is a legend

[MacroCue @MacroCue]

@jbfinancebull $JEPQ.TO on the TSX. I was there for the launch. JPM is always a solid bet 💪

[MacroCue @MacroCue]

@SPXVIX Needs to be riding in the 911. Otherwise 💪

[MacroCue @MacroCue]

@solminingpunk That's a good deal, scoop that up