My glass half full view is that we are seeing large vols pushing up and little vols down.. seems more like brokers trying to fill larger orders at or near the raising price. Low liquidity allows them to manage that ( to our frustration ) and atrract sellers.
Now .... that plan goes down the toilet when anns are made and their clients realised they are being to cute and jump quickly at much higher prices.
when it happens - and its just a matter of when - i will be here to say "told you so cutie"..
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My glass half full view is that we are seeing large vols pushing...
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