Kevin Warsh speaking at 11:30 today.
Should be good for volatility. Hoping he says something constructive so we get a gap up tomorrow.
Holding 729 calls for tomorrow. Hopefully it works.
What do you guys think?
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Market was crazy today.
Hard drop, then snapped right back up.
Put IV fell, call IV rose. Negative GEX let us ride the move and profit.
Great trade.
#Trading#Options#DayTrading#Volatility#0DTE#GEX
High premium + rising put IV.
ITM? Flatten or reduce size.
Classic late-day trap. Two-way action decays the option into the close and next open.
Flatten into strength. Removes gap + IV risk.
#Trading#Options#DayTrading#Volatility#0DTE
No report tomorrow.
Quiet calendar = one-direction tape. Less need to lean on IV.
IV is strongest when data is on deck. With nothing scheduled, structure leads and IV confirms.
Follow the direction. Size for one-way.
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