Analyzing Ramp Higher in VIX Options, GLD's Continuing Rally
Schwab Network · Schwab Network
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Show Notes
Market Rebellion's Pete Najarian analyzes volatility heading into Wednesday's FOMC meeting, which he expects to result in a 25bps interest rate cut. He notes that VIX options saw a spike Tuesday, showing that investors are bracing for volatility to ramp higher. Pete notes that gold's continuing rally has been another corner of the market seeing explosive options action. When it comes to stocks, Pete likes Amazon (AMZN), Tesla (TSLA), Alphabet (GOOGL), Oracle (ORCL) and Uber Technologies (UBER).
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