Responsible for the decoupling of vol and share price. No longer the boogey man. You're fuckd, Bro. https://www.ft.com/content/75587aa6...ft?token=2ada5149-23ae-4d9d-bfb2-45cbbbf58860
I posted about that yesterday... https://www.elitetrader.com/et/thre...correction-in-stoc.349615/page-2#post-5194753 I think first report was here... https://www.thebeartrapsreport.com/blog/
You should have started a thread as this is monumental news. What does he do with his Jan 2021 vol? The genie is out of the bottle so it's highly unlikely that he can bully the mkt and would buy more vol. So does he short D1 in those single names, short NQ, short equity swaps?
So look at the historical analogs... LTCM, JPM's London desk in CDS. etc. So how do you target SFTBY's positions? You don't lean on vol--you lean on the shares.
The shape of the vol-curve in SPX and single names. I assume that you're referring to the CBOE ticker, which has not moved. http://www.cboe.com/index/dashboard/skew#skew-performance