Now We Know The Real Reason Behind Tuesday’s Oil Collapse Redux

Do me a favor: Humor me for a quick bit of incremental information on yesterday's  (re)collapsing in crude. On Tuesday evening , while documenting how oil decided to celebrate the one-week anniversary of the largest one-day plunge in more than three years by staging the second-largest one-day plunge in three years, we gently suggested that dealer gamma effects were likely at play just like they were last Tuesday. Regular readers know I make it very clear when I intend to aspire to profundity

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