AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Is the XLI a Spider?
The XLI is a subset of the S&P 500 that has Honeywell, Union Pacific, UPS and I forget the third. It's been a run for the XLI in the last three months, a straight run to the upside. If you see it getting up here against resistance and it could make that fall, that's why I think somebody's buying a lot of these puts. So they're betting that the Fed is going to break the economy.