Looks like just opening 0dte put right before Warsh’s speech and closing the puts after had 100% win rate so far 😂
Tried some lottery puts today and LMAO.
Extreme Vol Lows:
SPX 7790 0DTE straddle is $22.7/29bps (!!!)
The last time it was this low: Xmas Eve when Captain Condor was merc'd
The average daily move in the SPX over time is 68bps. If there is any risk to this market today, its this pricing of literally no movement...