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Unchanged...

It sure doesn't feel unchanged

Short gamma has been a very painful strategy to run over the past weeks, but if you zoom out, you realize you could have sold all options, collected theta, only to realize we are trading where we traded 2 weeks ago. Go figure who is in control...

Source: Refinitiv
Source: Equity Clock
Source: Refinitiv
Source: Data Trek
Source: Goldman
Source: Refinitiv
Source: JPM
Source: Goldman
Source: Barclays
Source: Barclays