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SPX puts

Sep 13 2026

Hedging Against a Volatility Spike: VIX Calls vs. SPX Puts

A series of major market catalysts arrive next week: the FOMC rate decision, VIX Expiration, and September Triple Witching OPEX. Options positioning suggests that institutions are already paying up for event protection. Over the past two weeks, we have observed notable VIX hedging activity in our daily FlowPatrol reports. This included several particularly significant positions: […]

Written by Sherry An · Categorized: Market Analysis, SpotGamma Weekly · Tagged: dealer gamma, Gamma Exposure, implied volatility, Options Calculator, options positioning, options skew, spotgamma weekly, SPX puts, theta decay, Triple Witching OPEX, VIX calls, Volatility Skew

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  • Hedging Against a Volatility Spike: VIX Calls vs. SPX Puts
  • September OPEX Options Positioning: Why 7,600 Is the Line | The OPEX Effect
  • S&P 500 Negative Gamma Below 7,600 — Brent Kochuba on tastylive
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