
SlainedRooster
386 posts







I haven’t had a loss in almost 2 weeks , the key is to not get greedy ! $SPY





@fit_businessman 2 weeks of confusion on $SPY might be coming to an end soon. theory is that they're propping this up ahead of negotiations since they caught whiff of Iranians using market weakness to leverage the US. once we're past this war. It's over












$SPX Market Data from @ConvexValue -Volatility expectations (Term structure) remains at the lows -GX surface -6770 gamma flip as of yesterday; Surface is very restrictive for additional upside. -Overnight straddle is~37 points giving us an ON straddle range of [6927, 7004] -Morning straddle is 28 and using spot 6965 gives us a range of [6937,6993] -Weekly Straddle remains [6707, 6925] -Overnight Volumes are average; equal put and call volumes; 7000 calls and 6900 puts highest volume nodes overnight. -Premarket POLR to 6980 Net Exposure from @OptionsDepth $SPX -Pivot is 6955 -Over pivot is 6970, 6985, 6995, 7005, 7020, 7025 -Under Pivot is 6945, 6930, 6915, 6900 Thoughts -Big Picture, we remain in a dip buying environment -Strength likely persists for 2 more weeks before a hiccup can occur (early May is my read) -We've reclaimed the POC from 12/17 lows ; logic says we should retrace part of this, but positioning indicates a move higher is possible - do not fight the trend! -Dispersion back at February highs and likely goes to a relative high into earnings season - This is a stock pickers market.


"Efficient Markets"























