
Transaction -Advisor
813 posts

Transaction -Advisor
@Gjerdingenmin
If you are nice to me, i'll be nice to you.













$SPX FOMC today = Premium goes to die so OTM directional bets should be limited; We got our Fraud VIXEX pump - let's see how the day goes. Market Data from @ConvexValue -Volatility expectations (Term structure) is holding steady - at the bottom of the range -GX surface -Yesterday's run shows 6770 as cumulative flip. -Overnight straddle is~57 points giving us an ON straddle range of [6650, 6773] -Morning straddle is 47 and using spot 6690 gives us a range of [6646,6734] -Weekly Straddle remains [6428, 6826] -POLR in AM shows 6700 -Overnight Volume is average with slightly more put volume; 6655 puts and 6800 calls highest volume -Deltas are negative overnight. Net Exposure from @OptionsDepth $SPX -Pivot is 6725 -Over pivot is 6750, 6765, 6790, 6800, 6810 -Under Pivot is 6700, 6690, 6660, 6635, 6605 Thoughts -Expect nothing into FOMC today (Also expect nothing of substance to be said during FOMC). -Until 6855 is fully reclaimed, the risk remains for a choppy move lower #middayflows this PM - no #PMFS today.














