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 […]
Market Analysis
Weakening US Dollar Sparks Short-Squeeze Rally
The following is a guest post courtesy of Michael Kramer of Mott Capital Management. Stocks ripped higher the week ending October 15. The spark stemmed from a sharp decline in the dollar index, as the currency market grew concerned about hotter than expected wage growth as part of the US Consumer Price Index the morning […]
The SEC on GME: SpotGamma’s Analysis
Vol Trigger Study
Trade Analysis: ES Futures (12 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 […]
YouTube Live: 10/12/21 2PM ET Notes
Join us today at 2pm ET as Brent from SpotGamma talks with Imran from Options-Insight. SOFI Gamma Squeeze HIRO: Hedging Impact of Real Time Options BITCOIN Energy EXTRA CREDIT – AMC REALIZED VS IMPLIED
Trade Analysis: ES Futures (6 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 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 SPX […]
Earnings Uncertainty Could Cause a Market Meltdown
The following is a guest post courtesy of Michael Kramer of Mott Capital Management. As uncertainty ticks higher in markets, volatility tends to follow. There is a tremendous amount of doubt building in the equity markets, especially regarding corporate earnings. With the market on the cusp of earnings season, volatility may see a massive spike. […]
Trade Analysis: NQ Futures – 1 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 Report when I plan to trade futures. For ES futures, I note gamma levels and key metrics for SPX and SPY. For NQ futures, I note Gamma Notional, and […]
Negative Gamma & Volatility
September has a few spurts of volatility, particularly around 9/20/21 September options expiration, and the 9/22 FOMC. One of the primary metrics we produce for traders is our “volatility trigger”, which defines where we believe options dealers position flips from a positive gamma position, to a negative gamma position. We’ve plotted out this level in […]