ermah gerd someone mentioned trade talks

closed net short trades on BA switched to Long on DIA. trade talks to happen monday and the market looks excited. vix futures still heavily in contango. vix cash below all futures months. based on net change dia options look the juiciest. atm strangle infers plus or minus $3.60. i expect the excitement of trade talks to exceed those levels. i expect to cut positions by monday or tuesday

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should base price on ATM straddle not strangle for expected move. that being said the market is anticipating next week plus or minus $3.70. i expect it to go beyond in the upside on hopium

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Dia is one of the most sensitive sectors to trade talks hence why i like it. that and its dirt cheap. XD.