With this parabolic move in the IWM as well as the divergences and what seems to fit together nicely with yesterday's positive intraday divegrence as well as this morning's Putin comments which are clearly showing a disconnect between what he says and what's going on on the ground and in the Black Sea, I like the short term trade in trying to take advantage of volatility and the IWM's parabolic move.
I'm going to open an IWM April $120 Put position.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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