5
by u/nbondarenko·21h

Correlation between $ES and $NDX today

Both $ES and $NDX are down around 0.47% and 0.42% respectively. Correlation seems to be holding strong today despite slight sector rotation earlier in the week. Maintaining short delta for now.

3 comments · 5 points

3 Comments

u/petralukic·12h

Yeah, the correlation has been pretty tight between them for a while now. Hard to bet against it, even with some minor rotations.

0
u/reddy_ishaan·3h

Are you actively trading that short delta, or just holding for the day? Always curious about different approaches to that kind of setup.

9
u/kittipongsangthong·3h

Interesting to see it hold. I was expecting a bit more divergence given some of the news flow, but the big tech names are still dictating a lot.

0

More like this