$SPY just saw a $7.43M Aug-31 Golden Sweep at 24x OI.
↘️ Options flow: $187.2M puts vs $97.0M calls, 66% put flow
↘️ Dark pool: $2.24B notional, 85.7% dark, Sell +88% ➡️ Line to watch: $736.43 support; below it the put side stays in control
Big news! The Nasdaq-100 quarterly rebalance kicks in before the open on June 22.
New additions:
Astera Labs
CoreWeave
Nebius Group
Rocket Lab
Teradyne
Getting removed:
Charter Communications
Cognizant
Insmed
Verisk
Zscaler
$QQQ $ALAB $NBIS
SPX gapped up Monday and Tuesday, then faded lower. Same thing happening today—tried breaking 7300, couldn't do it. If 7230 gives way, 7000 is next.
QQQ below 691 could drop 10 points fast next week. Tough market with all this volatility.
SPX premiums are super inflated.
Everyone on FinX couldn't stop talking about gold & silver, people were buying like crazy in the lower circles.
FOMO was real around here.
But it's dead silent now.
Who snagged it at the top?