SPX sell-off will take weeks
Looking at the September 2024 options market, straddles are mispriced by ~15%. This means that price will continue in the direction of momentum (down) for a few more weeks.
There is further liquidity below. Do NOT use leverage to buy SPX at current levels.
There is further liquidity below. Do NOT use leverage to buy SPX at current levels.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.