A Tour Around the Options World with SpotGamma's Brent Kochuba
Excess Returns
00:00
The Long Term Implication of the JP Morgan Put Spread
If a dealer is long, this puts right. So JP Morgan is, they want to put spread right there. And if it's billions of dollars of daily hedging flow, then maybe that stops the VIX from spiking and holds the market up a little bit in that case. That could be a situation where there's a longer term sort of like, you know, fingerprint or effect of that trade. It was certainly in play last quarter. You know, and so we'll see it on Friday...or two weeks from now."
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