DeepSeek or DeepSleep?
After Monday’s tech-centered jolt to the market, wider signs of stress remain absent for now. Implied volatility continues to fall, the cost of downside protection is near the lows of the year, and gamma is still positive.
DeepSeek or DeepSleep?
After Monday’s tech-centered jolt to the market, wider signs of stress remain absent for now. Implied volatility continues to fall, the cost of downside protection is near the lows of the year, and gamma is still positive.