@MarketMike Sorry to keep bothering you; but can you advise when EMs work and when they don't? Is there a discernable way? I see sometimes it wicks it, and other times it is not respected at all. Wondering if you have a metric to further gauge its efficacy for the day.
@MarketMike Hey Mike, any idea why none of the expected move levels were respected?
We blew past 2 and even 3 sigma daily em for spy
2sigma weekly
And are around 1 sigma for the monthly
That’s a quite a move, any guidance to better navigate that type of move?
@VolSignals Haven’t we been in positive gamma again for a bit? I know March we were in negative gamma, but around mid April we were in positive gamma again I thought. So unsure what you mean here
@alphaticaio What are your thoughts of this chart? Showing - how even after breaching over it does eventually return back (top green line) - so isn’t it odd we haven’t retested that area? Could that be where Mid-June/July takes us?
@MarketMike I don’t know what I’m missing or maybe I’m just too stupid to realize how truly dense I am but I’m in the discord, watch the videos etc and still am unable to get like you
@alphaticaio Semiconductor etf - has been only going up. Probability wise I think I’ve seen it’s the first time we’ve had this many Green Day’s in a row? I could be wrong; but I have to say we are definitely in a low probability zone right now. Price needs to reverse back to $700 spy
@alphaticaio The interesting thing is: monthly expected move for April on SPX also show around 6905. Even if you discount JPM collar; my understanding is price digests around these areas before moving to next zones? I’m not seeing that this time.