Here is what I'm looking at in the market for June 9:
Two down days in a row in SPX and NDX, and two up days in a row for VIX that we got yesterday would be a good start for some two-sided trading this summer. This wasn’t driven by news, so we might see more secular volatility going forward.
— Looking to take profits on the short DAL - long LUV pairs trade I put on last week.
— Sell off in SLV might be over. Long debit call spreads could work with SLV’s low vol.
— “Caution tape trade” in GOOGL setting up with short strangles in July and wide long strangle in June weekly expiration.