3min chapter

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Market Crash Unlikely Until July, Says Volatility Veteran | Noel Smith

Forward Guidance

CHAPTER

Is It a Low Conviction Thing?

Market makers will be buyers as the market goes down, which will have a dampening effect. The math says that volatile is really not that high and every time the market stabilizes at all, if we get a little, no up tick in the market from a minute by minute basis, wllstarts getting hit pretty fast. So i know i would probably buy some deltas,. cumbersome of my my deltas from my long gamma in this neighborhood. And cause, if i don't, and the market rallies, that gamma will get hammered fast. But do i consider that to be a mathematically justifiable thing? No, i don't trad on s. I never

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