Expect a drop in VIX at open, sharp rise in DIA, SPY (S&P 500), and similar risk indices. Expect drop in US Treasuries. Retail traders won’t be able to take advantage of the initial move, but be watchful of our “risk” vs “safe” currencies. A continued rise in euro and commodities currencies (NZD, AUD, CAD) combined with falling USD and Yen portends rising stocks generally. The reverse obviously shows falling stocks. Check which way the money is flowing AFTER the open before deciding which way to go.
That’s how I roll. Happy forex options trading today!
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