The News: After registering to sell shares, over the weekend, Tesla (TSLA) Inc CEO Elon Musk polled Twitter on whether to follow through. His followers voted “Yes” to him selling 10% of its stake. The Sale Process: While we are not provided the timestamps linked to the execution, you can extrapolate the timing by reviewing […]
Market Analysis
Trade Analysis: ES Futures (5 November 2021)
The following is a guest post from Doug Pless. As I have discussed in previous articles, I begin my morning preparation by reading the SpotGamma AM Founder’s Note when I plan to trade futures. For ES futures, I note gamma levels, the SpotGamma Imp. 1 Day Move, the SpotGamma Gamma Index, and Gamma Notional for […]
SpotGamma TDAmeritrade Appearance
Tesla (TSLA) Stock Hit All-Time Highs, Options Volume & Open Interest What can the Tesla (TSLA) options volume and open interest tell investors about its stock price moving forward? Brent Kochuba says that TSLA is the reverse of PTON as the stock keeps moving higher. Some of the recent trading trends include more options activity […]
To Infinity And Beyond: Shares Of Social Media Favorite Tesla Fly On Robust Options Activity
by Renato Leonard Capelj “I’ve actually never seen a stock go up endlessly on nothing.” That’s according to CNBC’s Jim Cramer who commented Monday on Tesla Inc’s (TSLA) near-vertical price rise on the heels of record quarterly revenue and profit, as well as news that Hertz Global Holdings Inc (HTZZ), a rental car company that […]
SpotGamma Report for: 10/28/2021 PM
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SpotGamma on Dave Lee Show: TSLA
What’s Next for Tesla Stock? Understanding a Gamma Squeeze
How a 2,360% Jump in Call Options Fired Up Tesla’s Share Surge
From Bloomberg: The interplay between the equity and options markets can be complex. To illustrate the dynamics, Brent Kochuba, founder of analytic service SpotGamma, plotted Tesla’s stock against delta, or the theoretical value of stock required for market makers to hedge the directional exposure resulting from all options activity. In the simplest form, when someone […]
SpotGamma Report for: 10/26/2021 AM
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Trade Analysis: ES Futures (22 October 2021)
The following is a guest post from Doug Pless. As I have discussed in previous articles, I begin my morning preparation by reading the SpotGamma AM Founder’s Note when I plan to trade futures. For ES futures, I note gamma levels, the SpotGamma Imp. 1 Day Move, the SpotGamma Gamma Index, and Gamma Notional for […]
Huge VIX Contago!
There was an interesting twitter thread yesterday which correctly pointed out the very large contango in the VIX futures market. Specifically we had the VIX index trading nearly 4 points below that of the front month VIX future [VX1]. Currently the VIX is trading near 15, and that future is near 19. According to the […]