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MacroVoices #312 Charlie McElligott: Tightening Cycle Is A Headwind Until It Becomes A Tailwind

Macro Voices

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Into Intraday Volatility

People are now trading puts a retail and institutions are using options to kind of accelerate moves, same day press shorts. And on the same time, when we do get these squeezes, they buy calls, and that squeezes us to the upside tube. All of this barishness, all o this fear, ends upsetting the table for the big relief raltis those downside puts a begin to bleed,. There's a real sling shot of dealer hedging dynamics that can end us markedly higher.

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