How post-election put skew compression and falling implied vol reshaped options pricing in NVIDIA, Qualcomm and Alphabet, with the trades to match.
NVDA
Traders Are Bidding The Put Wing Without Paying For Vol: Brent Kochuba On tastylive
How VIX expiration dealer positioning likely capped the VIX near 20, and what three-month SPX put skew suggests about hedging demand into earnings.
Why Option Premiums Look Too Thin To Sell
Why selling options premium offers thin compensation with short-dated implied volatility near its lows, and the SPX gamma levels that would change that.
The OPEX Effect: Put Selling Is Still Doing The Work
Single stock put selling has left dealers long gamma while realized vol sits near lows. See the positioning levels that would change the read.
One Stock, 803 ETFs: Why Nvidia Earnings Impacts the Entire S&P 500
Brent Kochuba joined CNBC to discuss Nvidia’s earnings, Salesforce, and how options traders repositioned across bond ETFs after comments from Treasury Secretary Bessent.
NVDA Earnings: The Options Market May Be Underpricing This Move
NVDA reports Wednesday after the close with the options market pricing a 5.5% move — below its 7.4% average realized move over the last 12 quarters. Dealers are short gamma above $220, call skew sits at the 81st percentile, and a distorted term structure opens up a calendar spread setup.
NVIDIA Drops 6 Points Post-OPEX After Losing Key Gamma Support
SpotGamma traders know how important support and resistance levels can be, making it highly impactful when they disappear. Following May Options Expiration, NVIDIA (NVDA) lost a large zone of positive Gamma support that had helped stabilize price for weeks. SpotGamma’s Compass, Equity Hub History, and Dealer-Side Gamma Heatmap all pointed toward a weakening setup before […]
The NVIDA Industrial Complex: 0DTE and Deteriorating Liquidity
In two recent media appearances, Brent Kochuba, Founder of SpotGamma, broke down his theory about how impactful NVDA short dated options are to the US stock market. Hint: very. First, this was discussed with Victor Jones of TasyTrade, and then with Jack Forehand of ExcessReturns. In recent market activity, we’ve seen significant movement in NVIDIA […]
NVIDIA Rejection at Call Wall Triggers Intraday Selloff as SpotGamma Delivers High-Conviction Short Setup
When large amounts of Gamma are set to expire and price approaches key resistance, volatility and directional moves can accelerate quickly. NVIDIA (NVDA) provided a textbook example of this dynamic, as a rally into a major call wall led to a sharp reversal driven by options positioning. With heavy Call Gamma dominating the structure and […]
Stock & Bond Correlations: “No Crying in Correlation”
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