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Worsening Breadth, Fed Taper Leak, And Rising Implied Volatility In SPY Options Are Worrisome

Worsening Breadth, Fed Taper Leak, And Rising Implied Volatility In SPY Options Are Worrisome

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Implied Volatility for SPY options is rising rapidly just as the market’s breadth is imploding, suggesting that traders are getting antsy and that a big move is approaching. According to a recent model, a 0.25% increase in the Discount Rate could turn into a 12% or so correction in stocks.

...read full article on Seeking Alpha

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