1/7 $SPX closed 0.8% higher after a late move higher that was purely mechanical and not fundamentally supported by rates, dollar and other cross assets. This is a warning sign that we are not out of the woods yet.
#FED#SPX500
1/6 The zero gamma level has been defended at all costs for several weeks, every time we reach this zone, the crunch vol regime is activated and consequently risk on appears with the multiple tools that the market has for this purpose.
1/8 $SPX $VIX the volatility crush regime in its purest essence:
VIX 1-day spiked to about 19 by the close yday, which is actually on the upper end of this historical range over the past year. Following the release of the CPI report, the VIX 1-day collapsed to below 11.
1/3 We keep these charts in the historical archive to remember in a few years what the market loved to play so much: Gamma squeeze in stocks that have a larger market cap than any country's entire stock market $GOOG GEX Profile and Flows (ultra short term expirations)
#bitcoin Update.
Se aprueban los ansiados spot ETF ¿... y ahora qué...?
- Estructuras y dinámicas del precio entorno a las áreas de
valor.
- GBTC el compañero de viaje no deseado.
https://t.co/d1sp7R6Kxo
¿Qué ha pasado desde Octubre de 2023?
Los flujos derivados del mercado opciones y la volatilidad como principales drivers del mercado. Una visión al interior del mercado y sus dinámicas de funcionamiento
https://t.co/oEo07eSsCE
1/5 In this market disconnected from reality, the flows coming from a fund positioning alter the whole market and trigger other option flows, which makes the snowball even bigger.
$QYLD, this fund had 5100 NDX Jan 16650 calls to buy yesterday. $8.6B of delta to buy!!!
1/5 #MOAB#SPX Big week in terms of options expiration. Vixpiration, wed and Monthly OPEX, Fri
The strike with the highest gamma notional is 4800, the market should stay stuck to it.
1/10 #GRF Grifols
Se suele defender que todo está descontado en el precio y que con la información de la cotización del contado y/o derivados asociados es suficiente para plantear estrategias de inversión. Pensar esto es muy simple a la par que ingenuo, te explicamos el porqué..
7/10 poco a poco fueron comprando la put (itm) 12.5 con vencimiento 16/02. La baja liquidez en opciones sobre este valor obliga a una fragmentación a la hora de montar la posición y a su vez pensamos que también se ha hecho así para no llegar como un elefante en una cacharrería..