SPY Isn't Pricing Much Movement, But Protection Is Still Expensive
At first glance, next week's SPY setup looks pretty boring. * SPY: \~$746.74 * Expected move: ±$11.50 That's a fairly quiet week by recent standards. [Asymmetric Opportunities](https://preview.redd.it/yzs4kj5th09h1.png?width=794&format=png&auto=webp&s=10160369c498ebaad290bd4e18eace0f809cf77a) Downside volatility is trading about 3.9 vol points above upside volatility, which creates …