TL;DR: SpotGamma believes that there will be many periods of high call buying as traders protect against missing market rallies. 2023 will be the year that the VIX index shifts from being known primarily as a “fear indicator” to the “fear of missing out indicator.” This is because traders will be increasingly concerned about missing […]
Market Analysis
The Record Put Call Ratios Do Not Mean What You Think
A great deal has been made recently about the record CBOE Equity Put Call ratio, with many speculating this metric had dire implications. These alarmists assume that this metric is suggesting large amount of puts are being purchased in order to hedge downside movement in single stocks. SpotGamma’s has made an extensive effort to dispel […]
Trading Options Against Resistance
Using the Founder’s Note to Structure Trades In this video SpotGamma highlights how subscribers can use the concepts laid on in our Founder’s Notes to inform trade ideas. Here we analyze why we think there is heavy resistance at market prices above, and suggest a few ways traders can consider playing that resistance. No matter […]
SpotGamma on TrendSpider TV: How Options Impact Stocks
Brent Kochuba, founder of SpotGamma, walks viewers through an example of how options volume translates directly to stock trading.
Record Put Call Ratios Do Not Signal Market Fear
These ratios include US Options volumes across all exchanges, and filter out ETF & Index options. Much is being made recently about record put/call ratios in US equities. Some measurements show that the put/call ratio is how higher than that of March 2020, which was when markets crashed violently in response to the onset of […]
The Impact & Risk of 0DTE Short Dated Options Volume
SpotGamma was one of the first analysts to flag the rise of ultra short-dated options (dubbed “0DTE”) volumes in the S&P 500 Index, or SPX. We brought this to the attention of the Wall Street Journal back in September of ’22, and since then the volumes tied to short dated expiration options volumes have exploded. […]
The Market Setup Into November OPEX: Brent & Imran LIVE.
Term Structure Ahead of the FOMC
Finding Bottoms in META & AMZN Using Equity Hub
SpotGamma uses options data to find potential trading bottoms in META & AMZN after dismal earnings reports from the tech heavyweights.
Trade Analysis: ES Futures (September 19, 2022, Post-Expiration Monday)
The following is a guest post from Doug Pless. Preparation When I plan to trade futures, I begin my morning preparation by reading the SpotGamma AM Founder’s Note. For ES futures, I note key Gamma levels for SPX and SPY, the SpotGamma Imp. 1 Day Move for SPX, the SpotGamma Gamma Index and Gamma Notional […]