PremiumGoldman Trader: Last Week "Exceeded All Expectations On The Crazy Front"
This article is so good
it's for premium members only.
Does that sound like you?
Already a member? Sign in.
PREMIUM
ONLY $30/MONTH
BILLED ANNUALLY OR $35 MONTHLY
All BASIC features, plus:
- Premium Articles: Dive into subscriber-only content, market analysis, and insights that keep you ahead of the game.
- Access to our Private X Account, The Market Ear analysis, and Newsquawk
- Ad-Free Experience: Enjoy an uninterrupted browsing experience.
PROFESSIONAL
ONLY $125/MONTH
BILLED ANNUALLY OR $150 MONTHLY
All PREMIUM features, plus:
- Research Catalog: Access to our constantly updated research database, via a private Dropbox account (including hedge fund letters, research reports and analyses from all the top Wall Street banks)
We came into last week knowing it had the potential to be a crazy one, but as top Goldman Sachs trader John Flood highlights in a brief note to clients this morning, it exceeded all expectations on the crazy front.
The vol market was pricing in an absolute move for the S&P 500 of 260bps on the week and we got -908bps.