The greater the obstacle, the more glory in overcoming it.
-- Jean Baptiste Poquelin "Moliere"
Hello all, I hope everyone is relaxing after a short yet choppy week.
A great week for paid subscribers with a couple of index options going >500%, holding the TSLA 240p for this coming Friday, as well as the EUR/CAD short. The NVDA iron condor was closed out for a ~70% gain. A fresh high-conviction trade was opened this week.
A busier week ahead with CPI, so a lot to write about.
The usuals…
A few new levels for the SPX chart…
FX
Let’s start this week’s post with FX again… I will start by saying how surprised I am with cable pushing through the 1.25 handle, which was an important strike on the option chain. From a rate differential perspective,