[The Cook Capital Market View] The market remained volatile over the past week, with 1-week RV at 64%, 1-month RV nearly 50%, and 2-week RV over 45%.
Meanwhile, the IV structure for funds under 1 month is relatively low compared to RV, with 1-month IV at 49%. We believe the market is still in aftershocks, and short positions may not be profitable in the near term.