Prepare for volatility.
Solid market maker and dealer positioning insights from @VolSignals . Take the 6min to inform yourself.
https://t.co/eORzWPLor3
Here's the largest SPX trade you've ever seen
This is the rolling "up and out" of a large part of the most important index position
All options are Aug AM expiry:
Customer sells these >>
SPX Aug 8300 Calls... 9,250x
SPX Aug 8400 Calls... 49,250x
SPX Aug 8500 Calls... 9,000x
SPX Aug 8800 Calls... 112,700x
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TO BUY THESE >>
SPX Aug 8600 Calls... 165,200x
SPX Aug 8700 Calls... 6,000x
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Customer closes their call spreads
AND DOUBLES DOWN