The MacroTourist

The MacroTourist

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The MacroTourist
SPX OPTION WHALE (Part 1 of 2)
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SPX OPTION WHALE (Part 1 of 2)

Real-life example of how sophisticated institutional option clients use SPX options to hedge, and what that means for the market

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Kevin Muir
Apr 03, 2021
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The MacroTourist
The MacroTourist
SPX OPTION WHALE (Part 1 of 2)
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Last week, at quarter-end, I highlighted the whale of an option trade that was on the verge of expiring, and cautioned that if the baleen followed the same behaviour as previous quarter-ends, we should expect a ramp higher in spooz.

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