Markets stocks volatility

Nomura’s McElligott: ‘Violent’ Virus Contagion Flips Dealer Gamma Profile, Prompts ‘Massive Stop-Outs’ In Treasury Shorts

""The lower we go from here"...

""The lower we go from here"...
This content has been archived. Log in or Subscribe for full access to thousands of archived articles.

4 comments on “Nomura’s McElligott: ‘Violent’ Virus Contagion Flips Dealer Gamma Profile, Prompts ‘Massive Stop-Outs’ In Treasury Shorts

  1. Black swan, indeed. What are the chances of a ban on all in-bound flights from China by mid-week?

  2. Check out SCMP article today on HK univ model of Wuhan’s progression. Estimating 44K cases in Wuhan presently and stating that all major Chinese cities will likely follow. Not just some academic, the guy’s an adviser to HK govt.
    Recommending basically shutting down China (e.g., all factories) in order to stop it, harder border closure for HK, etc. Fairly biblical stuff. Not good, and no particular reason to believe it isn’t already going global, imho. How many people still leaving China, daily, headed anywhere?

  3. Seems like we hype some pandemic like this every few years and it ends up not amounting to much. I guess that doesn’t mean it won’t be a black swan event.
    I was walking around the University District in Seattle on Friday……..many of the Asian students were wearing surgical masks.

  4. H-Man, revisiting this article after reading Macro-Man post. I get the drift about the need to hedge and take on new positions that would cause more selling into a falling market but can you quantify the $$$ amount of the hedge? In the world of dealer’s hedging are we talking about millions, billions or trillions?

Speak On It

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Skip to toolbar