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Don’t panic, Keep calm and check the price

  1. WTI futures curve (1m-7m) : at an all-time high

  2. WTI ATM option im vol : at an all-time high except for 2020

  3. VIX futures curve (1m-2m) : not there yet

Oil has definitely hit panic, but equities still have room to fall

When the VIX reaches the same panic level (1m–2m curve around 5), I think that’s when TACO shows up

Mar 8
at
11:31 PM
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