$SPY Options Snapshot
Underlying: 639.23
Max Pain Strike: 653
Min Total Payout at Max Pain: $87,676,800
Call Notional: $11,903,262
Put Notional: $288,850,146
Combined Notional: $300,753,408
Put/Call Ratio (Notional): 24.2665
P... Read More: https://t.co/UB5zOnBJiy
For what its worth, this is where I had $SPX $SPY landing. I would expect a reaction off of this level then look to go short again if we get a bounce back into 6700 targeting 6200
Patience paid on $SLV - as much as 300% at the highs from our entry. Entered in August 2024 via shares and leaps. All paid dividends. Now silver (and gold) looks toppy...
Since the inception of $ES_F $SPX $SPY futures this cycle pattern has identified major highs and lows in the market every time. The next is April 2028 just so everyone knows how long this may take
$WTI Oil opened with a big gap up and then dumped hard, showing it's still driven by headlines rather than a clean technical trend. High volatility and trapped positions on both sides.
Key level now is around $69.7. If it hold... Read More: https://t.co/UB5zOnBJiy