Sunday, December 30, 2018

Delta Neutral Update...12.28.18

A mildly volatile day with low range exposure meant the mode never triggered and we're left net/net at the close.  Another shortened trading week may see pump and dump action renewed while tantalizing news that Chinese trade negotiations are "going well" may provide the grease necessary to move the markets.  Underlying economic data is woeful but that's never impacted the markets before so why expect things to change now.
With delta neutral we don't care.