on tilt

@zerohedge 4D chess innit

ICYMI: 15:48: *TRUMP SAYS HE DOESN'T WANT A CEASEFIRE WITH IRAN 17:16: *TRUMP SAYS US CONSIDERING 'WINDING DOWN' IRAN MILITARY EFFORT 18:19: *WHITE HOUSE: TRUMP REMAINS FOCUSED ON 'TOTAL' VICTORY IN IRAN 18:25: EXPLOSIONS HEARD IN TEHRAN

@traderhc Same game plan as everyday. Wait for the dip then sell puts.

Friday isn't the volatility event. Monday is. Quad witch strips out trillions in options today. All that gamma infrastructure, the dealer hedging, the pin mechanics. Gone by 4pm. Then Powell speaks Saturday. Markets closed. No way to react. Monday opens with a completely reset gamma landscape, a Fed catalyst nobody could hedge for, and buyback blackout still active. No corporate bid underneath. $SPY sitting at 656 with the put wall at 650. I think we test that level Monday, maybe break it. The variance risk premium is screaming. Implied vol at 24, realized at 13. People paid up for protection that expires worthless today. The actual risk shows up when they're naked. Everyone exhaling into the weekend is looking at the wrong day on the calendar. What's your Monday game plan?

@joeshortsqueeze This is why I think it’s actually better to completely block out all the macro nonsense.

ZB sells off 2+ handles because “troops are being deployed”, and this fkn guy starts talking about winding down the operation after futes close. What a time to be alive.

@options_insight You’re too smart for your own good.

𝗟𝗲𝘁 𝗺𝗲 𝗿𝗲𝗽𝗲𝗮𝘁 𝘁𝗵𝗶𝘀 𝗽𝗼𝗶𝗻𝘁: 𝗧𝗵𝗲 𝗯𝗲𝘀𝘁 𝗯𝘂𝘆 𝘀𝗶𝗴𝗻𝗮𝗹 𝗶𝗻 𝗺𝗮𝗿𝗸𝗲𝘁𝘀 𝗶𝘀𝗻'𝘁 𝗼𝗻 𝘁𝗵𝗲 𝗽𝗿𝗶𝗰𝗲 𝗰𝗵𝗮𝗿𝘁. When spot makes a new low and VIX refuses to make a new high, pay attention. That's a vol divergence. The options market is quietly telling you it doesn't believe the selloff has legs. But most traders miss it because they're staring at candlesticks. Here's how to read it properly. Pull up fixed strike vol on the front of the curve. If the market is selling off hard and fixed strike vol is flat or drifting lower, that's your tell. The people who price risk for a living are saying "we're not buying fresh protection here." Think about what that means. If vol can't rally when the market is getting destroyed, what happens when spot bounces even 1%? Vol gets annihilated. So the real trade here is selling the vol that can't go up. Different expression, completely different risk profile, and way better risk-reward than just buying the dip. When you learn to trade in more than just the spot dimension, you find edge in other areas like VEGA.

@EsBoltoise Break of balance gets a 2x measured move right

Again big picture, remember auction rules

@RentYourStocks Bounced right off it

🚨Friendly Friday Reminder... JPM collar is at $6475P. Mechanical derisking heading to the weekend. This causes a lot of forced selling by dealers as volatility rises and delta increases as they are short that $6475p

a customer has some pretty big short put spreads for Monday, be a shame if they were ITM.

got some lotto spreads just incase they gap it down

only trade that makes sense to me is a straddle for next week?

@QuikCarp panicans

@jaytech877 Spoiler Alert: they're also market making in Bitcoin

The Globalists are using SKEW against the US markets

@toriotrades is this price action really all that different from any other day?

After todays price action and movement, a life hack for OPEX trading: just book a quick little trip Thursday-Sunday every quarterly expiration week, no screen get away, in the next state over, or province or country. It'll be less costly than staring at the screens. June 18th I'll be in Greece

@sarcastic_hedgi @Mystral2042 don't you think they greatly exaggerated the move?

@jaytech877 @Mystral2042 lol "orchestrated" every single move that catches people wrong is now a conspiracy instead of just... being wrong about positioning metals ripped bc real rates collapsed and everyone was underweight after a year of "inflation is dead" -- but sure, citadel did it

Everyone is taking about the stock market, but look at silver. Once again acting a shit asset and getting crushed.

see how the bid stays when oil bids? bottom prob in

@spotgamma tell that to the algos, they're happy to buy

i’ll tell you what’s not being priced in a downside move bigger than 1.5% but hey things are going alright so why worry

Joe Kent for president. Bro gives me hope.

@AaronRentfrew if they would of just backtested that previous Ath on the way up we wouldn't have to go test it now. seems inevitable.

$NQ The 100 day SMA and the middle of the upper balance. Above we ride, but, one misstep here and we're on our way to 21000.

give us a good low you cunts

if we reclaim yesterdays low get GIGA long

plenty of liquidity, wouldn't get too bearish