[9.4 hedging strategy sharing, Nvidia repeats Tesla's past, will this round of decline in US stocks bring down the cryptocurrency market? ]
The black swan of data week still took off. Overnight, US stocks fell sharply, with the Dow Jones Industrial Average falling 1.5%, the S&P falling 2.1%, the Nasdaq falling 3.2%, and the VIX rising 32%. Nvidia repeated Tesla's past, plummeting 9.5%, and it is estimated that it is also going to cut the rhythm of development.
Did the US stock market turn from bull to bear overnight? The reason is that the two PMI data released in the United States have triggered market concerns about future economic stagflation. In fact, there is no need to worry. The myth of a soft landing of the economy has long been ignored, and stagflation is already a partial fact.
The fragile nerves of market traders are led by data, and the real visionaries have already completed the sell-off, so the market downturn is not surprising.
The real worry is whether the interest rate cut in September can be carried out as expected to save the confidence of traders.
The cryptocurrency market is more affected by market confidence, and the implied volatility has soared back to a high level, and the implied volatility is much higher than the historical volatility. The volatility of expiring options is even higher, and the spring of sellers has come again.
This week's recommendations:
Try to focus on covered call and short volatility strategies, and hang up insurance.
Volatility has skyrocketed, so it is not suitable to be a buyer.
The volatility of expiring options has skyrocketed. You can sell high and buy low according to the term structure to arbitrage the volatility difference. However, the risk is relatively high, so remember to bring insurance.
Overall, after this wave of plunge, the rise of encryption can still be expected.
The logic is simple. When the economy was stagnant, Bitcoin was the real code of wealth. Don't lose confidence, hold on to your chips, and wait for the flowers to bloom.
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