This morning we highlighted that positive news and a huge number of call options traded likely gamma squeezed AMZN up over $3700. However our EquityHub data showed that most of the gamma in Amazon was tied to the $3600 strike which indicates that at $3700 (opening prices on 7/7) the stock is likely overextended.
Market Analysis
New Highs Brings Out the Options Sellers
SpotGamma collects raw data which sheds light on the previous weeks options transactions. This past weeks data was quite interesting in light of several of the developments which took place last week. Below we’ve taken the total number of contracts bought to open, netted against contracts sold to open. Here we are only showing large […]
WISH Options Gamma Squeeze Setup
Today on YouTube live (sub here) we discussed the gamma squeeze setup we see in WISH, which is a popular stock on r/wallstreetbets.
Nomura Options Gamma July Expiration
Nomura Warns Of Market “Reversal Risk” As FedSpeak Walks Back ‘Bullard Bomb’ BY TYLER DURDEN MONDAY, JUN 21, 2021 – 09:59 AM After last week’s market fireworks on the Fed’s “hawkish surprise” and Jim Bullard’s “you think that’s hawkish, hold my beer” moment on Friday morning, which has many market participants screaming “policy error”, Nomura’s […]
Quad Witching Gamma Pinning
What’s Behind Today’s Crazy Market Move BY TYLER DURDENTHURSDAY, JUN 17, 2021 – 05:44 PM One day after the shockingly hawkish Fed admitted that inflation is not, in fact, transitory as so many clueless propaganda hacks would want everyone to believe, and pulled up the liftoff date to early/mid-2023 when it now envisions not one but two rate hikes, […]
Quad-Witch Quandary: How Will Friday’s $2 Trillion Gamma Expiration Impact Markets
BY TYLER DURDENMONDAY, JUN 14, 2021 – 03:24 PM Last week, when discussing the bizarre summer doldrums in the market which pushed the VIX to the lowest level since the onset of the covid pandemic, we said that this period of abnormal market quiet is likely to last until this Friday’ quad-witch, when a massive amount of […]
Will GME (GameStop), AMC Or Other Meme Stocks Be Included In Russell 1000?
Every June, the Russell Index rebalances by removing stocks that no longer meet their criteria. After a wildly popular start to 2021, will meme stocks like GME and AMC get added to Russell this year? Many traders are starting to discuss the upcoming Russell Index rebalances, and the prospect of GME, AMC or other meme […]
Anatomy Of A Short Squeeze: This Is How Hedge Funds Pounce On Retail Meme Stonks
BY TYLER DURDENWEDNESDAY, JUN 09, 2021 – 12:31 PM In the ‘old normal’ – when dinosaurs roamed the earth – history suggested that when retail investors piled into stocks with both hands and feet, a major top in prices was usually not far behind. But, in the ‘new normal’ of Reddit Rebels and Meme Stock Manias, it is the ‘little […]
Meme’s are Likely Less Retail
The prevailing narrative with these large meme-stock movements is that entities like the wallstreetbets message board are responsible for amazing returns. Its a wonderful story of the retail “David” vs the Wall Street “Goliath”, and how these new forums are changing the long held dynamics of how markets work. We certainly believe there is a […]
How To Keep The Gamma Squeeze Going With Put Sales
Here’s why paying too much for a call option can actually go against a stock squeeze It was just a few months ago that the effects of “Gamma Squeezes” became main stream knowledge. YouTube streamers and Reddit message boards now espouse the impact of call options in the markets, pushing their tribes to “buy stock, […]