MKM: A New Volatility Trading Range AheadMark Melin
Institutional research service MKM Partners thinks a new volatility trading range is ahead.
When the VIX index was downstream flirting with the 12 handle in April, certain tacticians looked at mean reversion and anticipated trading bands and wondered when volatility regimes might change again. If the VIX couldn’t nestle down and hold in the 12 region after a violent January and February sell-off, the price rebound in the S&P 500 – the “Dimon bottom” – might be a fake and that bottom might get spanked again, was speculation among strategists at the time. Now with the VIX showing . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click chat.