Users: Honduki, Hoarder of all Cats: slopechart_$MOVE.jpg

slopechart_$MOVE.jpg

MOVE index still near historic highs. Bonds have caught a strong bid recently, but we have seen this before. I'll be scaling out of my short term /ZB positions (put spreads and strangles) early next week before FOMC. Still bullish long term -- will be keeping long TLT calls (115c MAR17)

Image added via SlopeCharts
slopechart_$MOVE.jpg

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Honduki, Hoarder of all CatsHonduki, Hoarder of all Cats
Here is a shorter term MOVE view. In general, we are still making higher highs, and mostly higher lows. Green verticals are FOMC meetings.  
 
7/22/22
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