Will the Selloff Continue? The market began to waver at the end of last week, with the S&P 500 down nearly 2% and Nasdaq dropping 3% from mid-week highs. We noted a spike in MAGS put buying and a rising put/call ratio in our previous Sunday Newsletter as big tech earnings approached. Then, our October […]
Market Analysis
Rising Correlation Is Thinning Out The Rotation Trade
Rising correlation, firmer fixed-strike vol and steeper 3-month put skew suggest the rotation trade is weakening. See where hedges still look cheap.
Tech Selloff Looks Like Rotation: Brent Kochuba on Schwab Network
Tech options positioning shows light put demand and short-vol bets into Meta and SPCX earnings, a mix that reads as rotation rather than de-risking.
META Earnings Preview: Will Volatility Outrun the Options Market?
Meta Platforms (META) reports Wednesday with investors weighing AI monetization against an increasingly expensive infrastructure buildout. For options traders, the question is different: Is the market charging enough premium for another outsized earnings gap?
Traders Are Bidding The Put Wing Without Paying For Vol: Brent Kochuba On tastylive
How VIX expiration dealer positioning likely capped the VIX near 20, and what three-month SPX put skew suggests about hedging demand into earnings.
Tesla & SpaceX Earnings Preview: Two Reports, One Merger Question — What Are Options Pricing?
Elon Musk’s Tesla (TSLA) and SpaceX (SPCX) report earnings on consecutive evenings this week, but growing merger speculation introduces an unusual wildcard for options traders.
Tech Dip, Not Broad Equity Selling: Brent Kochuba On tastylive
Why the tech selloff rotation left equal-weight indices steady, what VIX term structure and correlation show, and how short-dated call flies play a bounce.
GameStop (GME): Nearly $100M in Insider Buying Meets Elevated Options Volatility
GameStop (GME) is attracting renewed attention following an aggressive wave of insider buying led by CEO Ryan Cohen.
OPEX Week Shatters Market Calm
Vol Sellers Forced to Cover as VIX Breaks 20 On Friday, the market’s calm broke heading into the October monthly options expiration. The S&P 500 dropped over 1% on the day while the VIX jumped to close at 20 — the highest level in nearly three months. Options traders spent Friday scrambling for protection, marking […]
Right-Tail Risk On CNBC: The Larger Moves Have Come To The Upside
Upside volatility risk may matter more than the sell-off: why recent up days have outrun down days, and where semiconductors keep finding support.