by Jeff Bishop | Oct 29, 2020 | Editorial, Total Alpha
Want to see something spooky? Take a look at the following option chain: With a current SPY price of ~$330, the call options for the $360 strike, $30 away is $1.00. But the put options at the $300 strike are $4.17! Why does this happen? Demand for the...
by Jeff Bishop | Oct 12, 2020 | Editorial, Total Alpha
To answer this in a word – yes. And I think this could set up for $3,000 an ounce in the near future. Let me explain. Everyone assumed that gold prices took off this year as a safety trade. When I dug into the charts this week, I realized something wasn’t...
by Jeff Bishop | Sep 30, 2020 | Total Alpha
Have you ever looked at the performance of stocks compared to bonds? When I sat down with JC Paretz on Monday, he threw up this simple chart, and it blew me away. Here’s a snapshot from our full interview. This chart represents the Nasdaq 100 (QQQ) to...
by Jeff Bishop | Sep 28, 2020 | Editorial, Total Alpha
For some reason, the VIX and volatility has remained stubbornly high. But there’s something curious when you look at the chart. VIX Hourly Chart Folks – this is a warning shot. Every time the VIX ran into the 200-period moving average...
by Jeff Bishop | Sep 13, 2020 | Editorial, Total Alpha
Your jump on the week looks at the themes driving this market… Starting with options expiration. Normally, traders expect increases in volume and chop during OPEX. So why isn’t the VIX agreeing with this assessment? VIX Hourly Chart How is it that...
