0.00Open0.01Pre Close0 Volume19.87K Open Interest79.00Strike Price0.00Turnover84.43%IV-0.58%PremiumMay 2, 2025Expiry Date0.47Intrinsic Value100Multiplier-10DDays to Expiry0.00Extrinsic Value100Contract SizeAmericanOptions Type0.0720Delta0.4376Gamma7947.00Leverage Ratio-2.5549Theta0.0000Rho571.81Eff Leverage0.0005Vega
Wei SUI 7 : Yes, the HYG Trade fiscal easing and MMF easing are a broad credit trade, representing economic growth. It is clearly contradictory to the yield of US10Y.
Wei SUI 7 Wei SUI 7 : It is also contradictory to the current macro environment. In other words, government bonds are subsidizing corporate bonds by overstretching expectations.
Derpy Trades OP Wei SUI 7 : Absolutely. There is no fundamental reason in my opinion for the market and especially for junk bonds to be this high.