If you aren't a daily trader, this video should only be important to you for one reason: the market may bounce tomorrow afternoon, but it has NOTHING to do with the market going back to bullish.
The options market is now larger than the underlying equities market, meaning that options are no longer the derivative- instead, they (and bonds & paper) drive the market.
Because of that, there are some exotic things like gamma that drive the market up but have zero to do with underlying strength.
In fact, IF we do bounce when this enormous wall of ITM puts expire, it provides an excellent opportunity to buy put options for next week, as we are certainly going back lower next week.
If you are an intraday trader, be on your toes tomorrow.
No telling if we will see a gamma rally tomorrow or not, but if we do it may be brutal.
Also remember that tomorrow is MOPEX so there are am & pm options tomorrow- buy the wrong one on accident and you can get clapped fast.
https://youtu.be/TZsMh22LREY
The options market is now larger than the underlying equities market, meaning that options are no longer the derivative- instead, they (and bonds & paper) drive the market.
Because of that, there are some exotic things like gamma that drive the market up but have zero to do with underlying strength.
In fact, IF we do bounce when this enormous wall of ITM puts expire, it provides an excellent opportunity to buy put options for next week, as we are certainly going back lower next week.
If you are an intraday trader, be on your toes tomorrow.
No telling if we will see a gamma rally tomorrow or not, but if we do it may be brutal.
Also remember that tomorrow is MOPEX so there are am & pm options tomorrow- buy the wrong one on accident and you can get clapped fast.
https://youtu.be/TZsMh22LREY
YouTube
June '22 OPEX is as BIG as March 2020?!?! | SpotGamma
There are huge in the money puts expiring Friday, June 22. In fact we think its the same notinal size as March of 2020! But there is one critical difference: Fed policy.
Find out why this could provide a very short term lift to markets.
###
At SpotGamma…
Find out why this could provide a very short term lift to markets.
###
At SpotGamma…
Forwarded from The Library (Harold Finch)
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Forwarded from The Library (Harold Finch)
Elon needs to clean house. 75-85% of twitter’s employees belong in the unemployment line. ⬇️
Forwarded from Lori's Place
Courtesy Julie Kelly 🇺🇸 . @julie_kelly2
·
Truly unbelievable. After delaying discovery, adding defendants and new charges, now DOJ seeks further delay based on request to obtain Jan 6 committee trannoscripts. What a game.
·
Here's what Judge Kelly (Trump appointee and political prisoner captor) said just several days ago about J6 committee interference in ongoing Proud Boys criminal case
Quoted Tweet by Alan Feuer .@alanfeuer
.
Update: The Proud Boys sedition case hearing is getting a little heated right now over the issue of the confluence of the new charges and the J6 committee hearing tonight.
https://twitter.com/alanfeuer/status/1534974619723218956?s=20&t=XnnupX5PNsk-tkCuoC7M3w
·
Defense motions for severance and release due Monday, hearing scheduled on Wednesday. (Doesn't sound like all 5 defendants are on board with moving the trial date.) https://twitter.com/julie_kelly2/status/1537500616502693893?s=20&t=XnnupX5PNsk-tkCuoC7M3w
·
Truly unbelievable. After delaying discovery, adding defendants and new charges, now DOJ seeks further delay based on request to obtain Jan 6 committee trannoscripts. What a game.
·
Here's what Judge Kelly (Trump appointee and political prisoner captor) said just several days ago about J6 committee interference in ongoing Proud Boys criminal case
Quoted Tweet by Alan Feuer .@alanfeuer
.
Update: The Proud Boys sedition case hearing is getting a little heated right now over the issue of the confluence of the new charges and the J6 committee hearing tonight.
https://twitter.com/alanfeuer/status/1534974619723218956?s=20&t=XnnupX5PNsk-tkCuoC7M3w
·
Defense motions for severance and release due Monday, hearing scheduled on Wednesday. (Doesn't sound like all 5 defendants are on board with moving the trial date.) https://twitter.com/julie_kelly2/status/1537500616502693893?s=20&t=XnnupX5PNsk-tkCuoC7M3w
Forwarded from Lori's Place
My explainer how DOJ is conspiring with J6 committee to influence ongoing criminal matters
Justice Department Colludes with Congress to Bolster the ‘Insurrection’ Narrative
Facts don’t matter in Collaboration Theater. By Julie Kelly
https://amgreatness.com/2022/06/09/justice-department-colludes-with-congress-to-bolster-the-insurrection-narrative/
·
Of course as this court hearing is underway, just a few blocks down the street the January 6 committee is holding yet another hearing that will only capture the attention of the jury pool in Washington DC
Justice Department Colludes with Congress to Bolster the ‘Insurrection’ Narrative
Facts don’t matter in Collaboration Theater. By Julie Kelly
https://amgreatness.com/2022/06/09/justice-department-colludes-with-congress-to-bolster-the-insurrection-narrative/
·
Of course as this court hearing is underway, just a few blocks down the street the January 6 committee is holding yet another hearing that will only capture the attention of the jury pool in Washington DC
American Greatness
Justice Department Colludes with Congress to Bolster the ‘Insurrection’ Narrative
This week produced yet another example of the shameless collaboration between the U.S. Department of Justice, the Democratic Party, and the national news media to destroy Donald Trump and everyone…
Forwarded from Miz Donna thoughts (Donna Willett)
Last night Timcast interviewed Dennis Prager.
I love Prager's wisdom. My favorite line. Dennis was telling a story from when he was a boy playing stick ball in the streets of Brooklyn
Kids would say mean things and derogatory towards each other. And the answer when push back happened was ' this is America, I can say what I want'..
So much has changed since then.
I love Prager's wisdom. My favorite line. Dennis was telling a story from when he was a boy playing stick ball in the streets of Brooklyn
Kids would say mean things and derogatory towards each other. And the answer when push back happened was ' this is America, I can say what I want'..
So much has changed since then.
Forwarded from Miz Donna thoughts (Donna Willett)
I know a lot of my followers are not OZ fans.
But I have had a bellyfull of this.
You can either have an untried AF politician whom you can vote out after one term or an avowed Marxist.
Those are your choices.
And if you are paying attention in GA. The hits are coming everyday against Herschel.
He is not the perfect candidate.
But I support him for one reason. The same reason I would have if I had lived in PA. Name recognition to beat the Marxists.
It is time to unite. It is not the time to take our toys and go home.
Since Oz and Herschel began their campaigns I have not heard either of them say anything close to the reality that what we have faced from the retiring Rinos.
If they do not live up to what they say in their campaign. Vote them out next time.
This is the hand that has been dealt us.
For goodness sakes. HI elects Mazie Hirono.
NJ elects Corey Booker
OR elects Merkley and Wyden
Do not let the perfect become the enemy of the good.
But I have had a bellyfull of this.
You can either have an untried AF politician whom you can vote out after one term or an avowed Marxist.
Those are your choices.
And if you are paying attention in GA. The hits are coming everyday against Herschel.
He is not the perfect candidate.
But I support him for one reason. The same reason I would have if I had lived in PA. Name recognition to beat the Marxists.
It is time to unite. It is not the time to take our toys and go home.
Since Oz and Herschel began their campaigns I have not heard either of them say anything close to the reality that what we have faced from the retiring Rinos.
If they do not live up to what they say in their campaign. Vote them out next time.
This is the hand that has been dealt us.
For goodness sakes. HI elects Mazie Hirono.
NJ elects Corey Booker
OR elects Merkley and Wyden
Do not let the perfect become the enemy of the good.
Forwarded from Miz Donna thoughts (Donna Willett)
I know I posted something about this yesterday. But I have been praying about this, and wrote more.
The goal of Planned Parenthood has always been population control of undesirable races. Now they have moved on to general population control. What better way to control the population than to sterilize a percentage of an entire generation?
These people are evil.
We need to shed light on this.
I understand that everyone is focused on Dobbs. But PP has already moved on. Even though their minions are in the streets fomenting violence. It's a distraction.
The Dems, using PP $ are moving into schools
They are pushing the Trans agenda. What is the ultimate result. Sterilization.
I do not understand why there are not hearings on this. Is our tax $$ being used to fund this sterilization program?
https://threadreaderapp.com/thread/1537654318379180037.html
The goal of Planned Parenthood has always been population control of undesirable races. Now they have moved on to general population control. What better way to control the population than to sterilize a percentage of an entire generation?
These people are evil.
We need to shed light on this.
I understand that everyone is focused on Dobbs. But PP has already moved on. Even though their minions are in the streets fomenting violence. It's a distraction.
The Dems, using PP $ are moving into schools
They are pushing the Trans agenda. What is the ultimate result. Sterilization.
I do not understand why there are not hearings on this. Is our tax $$ being used to fund this sterilization program?
https://threadreaderapp.com/thread/1537654318379180037.html
Threadreaderapp
Thread by @donwill94062871 on Thread Reader App
@donwill94062871: Did you know that PP has moved into the transition teens and young adult business? IMO they knew they lost the narrative on abortion when it was revealed they were selling body parts from late...…
Forwarded from The Library (Harold Finch)
Forwarded from 𝕀𝕟 𝕄𝕒𝕘𝕟𝕒 𝔼𝕩𝕔𝕚𝕥𝕒𝕥𝕚𝕠
A new joint investigation by the Organized Crime and Corruption Reporting Project and the Miami Herald examines secret offshore trust documents that reveal how Maxwell family members and their longtime associates occupied a parallel financial universe while keeping their wealth beyond the reach of creditors and legal adversaries.
The investigation, based on documents from the island of Jersey, a U.K. Crown tax haven located in the English Channel, shows evidence of highly irregular trading activities in publicly listed U.S. companies, secret stock deals, and possible securities violations, while millions of dollars in payments moved through offshore companies to members of the Maxwell family.
https://amp.miamiherald.com/news/local/crime/article262299392.html
The investigation, based on documents from the island of Jersey, a U.K. Crown tax haven located in the English Channel, shows evidence of highly irregular trading activities in publicly listed U.S. companies, secret stock deals, and possible securities violations, while millions of dollars in payments moved through offshore companies to members of the Maxwell family.
https://amp.miamiherald.com/news/local/crime/article262299392.html
Miami Herald
Offshore leak exposes financial secrets of Ghislaine Maxwell’s family
Jeffrey Epstein and Ghislaine Maxwell occupied the highest reaches of society, hobnobbing with royalty and world leaders while hopscotching the globe on Epstein’s private jets.