Back

Aug 24th - 28th

OPEX complete. Let's see for the next OPEX setup and lead up looks like.

Futures - New reports is that AMs have started to add long positions now. Relative discounts; waited for the LFs to run out their momentum trades and AMs bought in at the 2% drop. 

Options - September 18th Quad Witching is set up. We are already two days in. The AMs buying and we are in the shakeout phase of the QW. This is classic “kick out the weak hands”. Nothing to fear. We are in -GEX for this week so swing trading works better and now the AMs are building a floor. Options will bleed more and under theta decay if the dealer wants to pin prices longer at high OI levels. Shake out to the dwon side and the actual move is UP. 

News - Friday FED WARSH SPEECH. This is what could flush out the week hands and hunt for liquidity gathering.

((NOT FINANCIAL ADVICE))