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Trump Collar,' as the market retrains the reaction function in the 'Human VVIX' era," says McElligott in an email missive sent Friday. Readers will by now be familiar with the TACO trade. The VVIX is ...
Known for his colorful stream-of-consciousness notes examining derivatives, McElligott taps the ever-expanding lexicon of Trump trades to tout the 'Trump Collar' as a way to explain the latest market ...
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