Good Afternoon!
I hope everyone had a great week.
A great week for paid subscribers with several profitable futures/options trades and longs given last year starting to pay off (to name a few - META, VZ, AMZN, FWONK). I decided to go overweight META in the post below.
I think most participants are surprised with the direction stocks have moved to open the year, which is probably why it’s happened… Last week, a huge vol crush, HF’s covered shorts 5 days straight and CTAs were forecasted to be buyers on all tapes…
Let’s dig into what is to come this week.