President Trump hosts Xi Jinping on September 24, days after the Fed’s first rate hike since 2023. Tariffs, rare earths, chip policy and Taiwan are all in play — and SpotGamma’s Compass shows cheap implied volatility across several China-sensitive names.
china
Gamma Before China Trade Talks
We started the day negative gamma but had a rally to just above the zero gamma level. There appears to be a sizeable market hedge at 2900 which could provide support for the markets. If volatility breaks the put hedges that dealers are holding will act as fuel to spark a strong rally. The 3000 […]