Option Block 89: Risk On, Risk Off
Option Block 89: Risk On, Risk Off
Trading Block: Metals outlook - Gold, bonds, and GLD have all been pulling back, there seems to be a lot of building of cash reserves right now. The heavy movement in VXO relative to VIX means there is a lot at the money buying to up the curve. Risk on/ risk off. VIX has been trading above VXN, so clearly the risk is in the financials, not tech. Could there be a violent move toward the upside? Is there any truth to the rumor that China could be buying Italian debt?
Interview Block: Today's guest Joe Cusick, the head of education at OX, talks a little about…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.