Visual Summary Of Today's Ludicrous Action And 7 Sigma Move In Crude
If anyone is alive after today's utterly insane trading action, congratulations. The volatility lull of the past 6 months is now over: swaption traders rejoice.
And here is what a 7 Sigma move in Crude looks like (red is +4 std devs; green is -3 std devs):
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