OPEX
Tradr 2X Long OPEN Daily ETF
Mentions (24Hr)
100.00% Today
Reddit Posts
VIX Buying Points to a Short-Term Pullback Next Week but SPY Could Still Squeeze Above $780
ONDS Short Squeeze Potential with Earnings Catalyst
Cheap Leverage: Krispy Kreme’s ($DNUT) Turnaround Story
GRPN Pt 8 - holy doubling down, 74% short float
Mentions
You have to understand the three angles to refute the ridiculous amount of hype: Funding Craze and why it's regarded, where investors stand now The issues with the model architecture itself, which makes them expensive and not reliable. Doesn't mean they're useless though The power grid issues in the US It's all so fucked and it's fucking annoying replying to a psychosis bot who goes: "it will get better, faster, stronger," being totally okay with the exponential training costs (OPEX NOT CAPEX) of the models.
I was literally about to dump 150k due to upcoming ER and sell before OPEX but my phone was nowhere to be found as I had to walk my dog today 30 mins before closing and I'm glad I found it after market closed. We dumping on Monday sheesh
Because it has most chance of going down after OPEX
Today is the first sign of market sliding down for the OPEX. Hope you guys loaded on some. Puts😂
Just added 3QQQ $740 puts for OPEX😎
Isn't OPEX next friday?
Max pain for TSLA tomorrow is 325, it's OPEX, and TSLA had a big gain day. Therefore, puts for Friday. LFG!!!
I know .. its not the retail traders who are driving the price up. Very well orchestrated institutions are involved but I bet it will drop after OPEX. Just a trap
So for OPEX I am buying SPY $760 puts and QQQ $710 puts
Today's "sell the rip" with the CPI should tell you what you need to know for the next couple of days leading into OPEX.
The S&P dealer position has inverted. Normally dealers are long upside and short downside. They hold a short futures position against that, and as time passes and those options decay they gradually buy those futures back. That steady buying is a big part of why the market so often grinds higher into a big expiry. Right now it's the other way around. That relentless rally blasted straight through all the long strikes, so the street is short gamma on the upside and long on the downside. Which means they're holding long futures against the position, and as time passes they need fewer of them. They become a net seller. So the same mechanism that usually pulls the market up into OPEX should be pushing it gently down this time or at least keeping a lid on the rally.
OPEX was 10 times what they guided. Revenue beat alone covers it but I guess institutions don’t like it.
I don’t prefer ICs straight up - would rather run butterflies or leg into and out of short strangles in decent IV at the top and bottom of ranges to avoid one leg getting blasted on a big move the other way (opting for more management but less catastrophic challenge risk.) Agreed on before close - definitely prefer to let things play out a bit vs opening trades at 10 am these days. I think we are ranging into OPEX, too. Looks like we may get some ok vol Monday (I won’t write with VIX at 14.9.)
its OPEX day, market makers will pin every stock, don't make any rash decisions
hope not. Hoping we pump into OPEX on the 21st
It tends to be true. Monthly OpEx creates a weird set of opportunities because part of the "game board" has to get reset. There are institutions, some of which are mandated buyers/sellers of options so you know when they have inventory that they have to turnover. Then the MM's. Then there's the rest of us. If spot happens gets pinned going into OPEX things can get out of whack because no one wants to get caught naked before the reset. If nothing happens then it's business as usual. But if a gamma squeeze occurs then things can run away from an MM quickly. As dealer's flip into negative gamma, more and more of the orderflow becomes one sided. At that point you're hoping the day ends before you end up having to chase any further. After a certain point, it starts to spill into the rest of the calendar. Now you have a situation where someone has almost certainly paid too much for post OpEX. But it's possible WWIII happens the next day and now no one is positioned how they would like to be!
PLTR getting pinned all day as if its OPEX. flip a coin and yolo the day's gains on an ER play
Everything before September OPEX is a gamble imo. January is the safest and most liquidity. I’d get tf out of those August calls asap personally.
No way, the Jan’s will hit LTCG in December and I believe topline data will be out before September OPEX