What Options Trading Activity Signals About the Broader Market

The video features a discussion with Greg Bender from Bloomberg, focusing on the S&P 500's RSI, the significance of the 2600 level, and the VIX's role in market volatility. The conversation highlights potential market movements, the impact of upcoming events like Brexit and earnings season, and trading strategies in a bearish trend. The analysis suggests cautious market behavior with opportunities for traders as spreads converge.

What does the RSI staying in a bearish channel suggest about market conditions?

How does the 2600 level relate to previous market support and resistance?

What implications does the VIX have for trading strategies during earnings season?

In what ways can traders prepare for potential market shifts indicated by the VIX?

What factors could influence the market direction after the Brexit vote?