Browse Symbol Stacks: ES: 6 sept28.PNG

6 sept28.PNG

A big crash has almost a zero probability to happen when the skew is too high (everybody being already hedged for a big crash) so I'm glad to see that this not something impossible in the near future because the skew is around 120 today (about the same level as aug 2015)

Comments

ammoammo
everyone hedged, isnt that what happened in 09, derivatives up the ying yang 9/28/16
SILVER SINGULARITYSILVER SINGULARITY
If everyone was hedged for a crash skew would be between 140 and 160 and vix would be at min 17 9/28/16