Everything in markets is connected. Not in theory—in function.
Think of the market like a human body. Your brain is at the center—processing data, storing memories, sending signals. But none of that matters unless the message...
Stretch your legs and call this THE RE-AWAKENING TRADE. Implied volatility is through the floor in today's name, as traders have been bored to sleep on this former high-flier, making long-term calls cheap and a great potential reward-to-risk.
My gut tells me the odds of a pullback in the markets are increasing. And the next pullback in the direction back to recent lows will likely come with a lot of noise. There will be lots of shouts about "retesting lows," from some camps, and other...