1 hr 3 min

Shorting The Nasdaq With Butterfly Spreads | Dean Curnutt The Macro Trading Floor

    • Investing

Dean is looking at shorting the Nasdaq 100 ETF ($QQQ) by using a "butterfly" spread. He wants to fade a Fed pivot (he wants to bet against the consensus that the Fed will reverse course and loosen policy) by shorting duration-sensitive equities such as those in the Nasdaq. 
-- 
DAS
Digital Asset Summit is crypto's most institutional conference. DAS is the only conference that truly combines the worlds of macro finance and crypto, with speakers like Danielle DiMartino Booth, Mike Green, Jurrien Timmer, Brent Johnson. Visit digitalassetsummit.io and sign up for 20% off with code "MACRO."
-- 
Follow Dean: https://twitter.com/Alpha_Ex_LLC
Follow Andreas: https://twitter.com/AndreasSteno 
Follow Alfonso: https://twitter.com/MacroAlf 
Follow Blockworks: https://twitter.com/Blockworks_ 

Subscribe To The Macro Compass: https://themacrocompass.substack.com/ 
Subscribe To Stenos Signals: https://andreassteno.substack.com/ 
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
-- 
Timestamps: 
(00:00) Introduction 
(00:18) Understanding The Fed's Meeting
(06:27) Top Stories Of The Week
(10:28) DAS NYC
(12:14) Feature Interview with Dean Curnutt
(17:20) Demand Destruction
(22:50) Why Is Implied Volatility So Low?
(36:14) The Macro Trade: The NASDAQ Butterfly
(41:51) What If The Trade Is Wrong?
(51:12) Post Interview: Final Thoughts
--
Disclaimer: Nothing discussed on The Macro Trading Floor should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

Dean is looking at shorting the Nasdaq 100 ETF ($QQQ) by using a "butterfly" spread. He wants to fade a Fed pivot (he wants to bet against the consensus that the Fed will reverse course and loosen policy) by shorting duration-sensitive equities such as those in the Nasdaq. 
-- 
DAS
Digital Asset Summit is crypto's most institutional conference. DAS is the only conference that truly combines the worlds of macro finance and crypto, with speakers like Danielle DiMartino Booth, Mike Green, Jurrien Timmer, Brent Johnson. Visit digitalassetsummit.io and sign up for 20% off with code "MACRO."
-- 
Follow Dean: https://twitter.com/Alpha_Ex_LLC
Follow Andreas: https://twitter.com/AndreasSteno 
Follow Alfonso: https://twitter.com/MacroAlf 
Follow Blockworks: https://twitter.com/Blockworks_ 

Subscribe To The Macro Compass: https://themacrocompass.substack.com/ 
Subscribe To Stenos Signals: https://andreassteno.substack.com/ 
Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://blockworks.co/newsletter/
-- 
Timestamps: 
(00:00) Introduction 
(00:18) Understanding The Fed's Meeting
(06:27) Top Stories Of The Week
(10:28) DAS NYC
(12:14) Feature Interview with Dean Curnutt
(17:20) Demand Destruction
(22:50) Why Is Implied Volatility So Low?
(36:14) The Macro Trade: The NASDAQ Butterfly
(41:51) What If The Trade Is Wrong?
(51:12) Post Interview: Final Thoughts
--
Disclaimer: Nothing discussed on The Macro Trading Floor should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

1 hr 3 min