Mark

Vagabondo | Free Thinker

[Menthor Q @MenthorQpro]

Trading Masterclass https://t.co/fHkPnf5dSn

[Menthor Q @MenthorQpro]

Skew Cheat Sheet

[Menthor Q @MenthorQpro]

Brent above $100 and the 10-year Treasury yield at 5.31% are adding pressure to growth stocks.

For AI companies, earnings will be the real test: can rising investment translate into stronger margins, revenue and cash flow?

[Menthor Q @MenthorQpro]

1/ $SPX remains in a positive gamma environment, with key levels coming into focus.

Net GEX stands at +$1.24B, while SPX closed at 7,801.15 on October 7.

Dealer positioning suggests a potentially more stable market, but several important levels sit nearby.

[Menthor Q @MenthorQpro]

Is the equity pullback temporary or part of a bigger shift? Treasury yields may offer clues.

Rising inflation expectations and higher real yields tell different stories, while moves across maturities can help reveal whether markets are repricing inflation or Fed policy.

[Menthor Q @MenthorQpro]

Live Trading European Session https://t.co/bjcO5MUm3m

[Menthor Q @MenthorQpro]

Waiting for the Fed Meeting

[Menthor Q @MenthorQpro]

1/ Can GEX stay negative while $VIX falls?

Yes. They measure different parts of the options market.

Negative GEX can signal a short-gamma dealer environment even while declining demand for volatility pushes VIX lower.

[Menthor Q @MenthorQpro]

Jim Simons here talks about machine learning, trading anomalies while minimizing vol through statistics and cost management.

[Menthor Q @MenthorQpro]

1/ The S&P 500 is back at record highs, but the positioning behind the move is just as interesting.

SPX gained 0.6%, while the latest options snapshot shows +$1.68B Net GEX and a dense gamma cluster around 7,800–7,850.

[Menthor Q @MenthorQpro]

Oil options positioning can help explain where price may stall or accelerate.

Positive GEX clusters can encourage pinning and more range-bound action, while negative gamma zones can amplify moves as dealer hedging becomes more aggressive.

[Menthor Q @MenthorQpro]

Theta decay doesn’t simply stop when markets close.

Option time value continues to decay over the weekend, even though pricing models may account for that passage of time differently.

Friday to Monday can still matter for option value.

[Menthor Q @MenthorQpro]

How $VIX drives the $SPX

[Menthor Q @MenthorQpro]

Live Trading Session https://t.co/eUjRviveHp

[Menthor Q @MenthorQpro]

1/ $SPX starts the session with a mildly bullish, but low-conviction setup.

Net GEX closed around +$1.18B, putting the market in a positive gamma regime where dealer hedging may help dampen volatility and encourage mean reversion.

[Menthor Q @MenthorQpro]

This group of stocks is showing strong momentum, with many names scoring a 5. But momentum is only part of it.

Volatility and options positioning vary significantly from stock to stock.

[Menthor Q @MenthorQpro]

Try this if you trade commodities

[Menthor Q @MenthorQpro]

1/ Gamma sounds complicated, but the basic idea is simple:

Delta measures how much an option responds to a move in the underlying.

Gamma measures how quickly that delta changes as price moves.

That second layer can have a real impact on market behavior.

[Menthor Q @MenthorQpro]

$SPX stays strong, but CTAs are pulling back

[Menthor Q @MenthorQpro]

The euro is under pressure as French fiscal concerns, political uncertainty and higher US rate expectations weigh on sentiment.

Wider sovereign spreads and stronger safe-haven demand could add further pressure across EUR/USD, EUR/CHF and EUR/JPY.