Dean is looking at shorting the Nasdaq 100 ETF ($QQQ) by using a "butterfly" spread. He wants to fade a Fed pivot (he wants to bet against the consensus that the Fed will reverse course and loosen policy) by shorting duration-sensitive equities such as those in the Nasdaq.
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DAS
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Timestamps:
00:00 Introduction
00:18 Understanding The Fed's Meeting
06:27 Top Stories Of The Week
10:28 DAS NYC
12:14 Feature Interview with Dean Curnutt
17:20 Demand Destruction
22:50 Why Is Implied Volatility So Low?
36:14 The Macro Trade: The NASDAQ Butterfly
41:51 What If The Trade Is Wrong?
51:12 Post Interview: Final Thoughts
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Disclaimer: Nothing discussed on The Macro Trading Floor should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
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