MRKT Call 12/6/2022: Banks Shot
RiskReversal Pod
00:00
Is That What You Do?
The fact of crude going lower becomes a headwind when people no longer care about filling their 2002 Tahoes up with, you know, $3, $2.86. We don't talk about that nearly enough. If the SMP is down, let's say 2% tomorrow, you're going to have a VIX up maybe 5, 6, 7%. So I just like the risk reward of this.
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Transcript
