My Thoughts on the Trading Week Ahead: 5/20/24-5/25/24

After options expiry, markets tend to trade truer but limited macro events this week and a holiday weekend will keep the vol sellers engaged. Look for Fed speak to drive the action.

Current Outlook

We got through expiry last week and so the market is open to trade a bit truer now. However, there are limited macro catalysts this week and we have a holiday weekend coming up so the sell vol algos are going to be hard to overwhelm.