โ ๏ธDiesel future options Implied Vol just spiked big above 100 again, and I checked, it is not a glitch
While the crude oil price remains suppressed, this is the second time recently that traders have started covering their backs in case diesel prices suddenly skyrocket ๐ฟ
@michaelsisakov@great_martis ๐ฏ agree.. started in short on $CAKE today (Oct puts). 80+ RSI on all timeframes makes sense for a rug ๐. Target 90 gap fill.
I suspect weโll see a move similar or worse to 2022 at this point in the cycle. No predictions but the long term trend resistance, divergences on all time frames, and insiders + institutions selling hand over fist into the latest rallies are clear warnings. I know youโre uber bullish, but not seeing this one.
Woman from Russia immigrating to Poland looking for husband with Porsche.
Instead receiving men in Skoda.
Which is after all Porsche if comparing with their local Lada.