SpotGamma

I want to position for some short trades into next week either by some of the spider put flies you mentioned before or looking at selling calls and those names that are really bit up

— SpotGamma, at 40:02

Can you do things like sell QQQ calls to buy S&P puts? Maybe... Look at the spiders though. So much lower.

— SpotGamma, at 9:55

the last thing that I want to do is short options... the zerodt options are pricing in about 75 bits of movement, and I'm like, well, I could easily see certainly a percent of movement to either side. So the vault seems too cheap from that perspective

— SpotGamma

The S&P 500 is right in the middle of the same range it's been in now pretty much since October last year. This is a lot of potential energy that is being compressed in the market that we hope will release to kinetic energy to the upside. You do have a bearish divergence that is

— SpotGamma, at 1:30

I would probably be okay selling bullish delta or selling a put or selling put spread or being assigned here based on volatility... You want to sell puts mostly just because of this fact right here.

— SpotGamma

JP Morgan fairly negative

— SpotGamma

I made this joke about Micron yesterday because in this crazy market, for example, I know I'm getting slightly off topic, but I I just did this yesterday. People are like, AI is the greatest thing that's ever happened. Memory chips, they're going to lead us into the future. Like,

— SpotGamma, at 22:54

look at Micron today. It's up 5% uh excuse me, it's up 20% yesterday. I think it was up 5% 7% today. It's up 860% on the year. And I was telling what what is fascinating about that 860% on the year is that means that the entire market less than a year ago had completely and total

I was making the case that if you wanted some equity upside calls in Nvidia and Tesla in particular very cheap. The IV rank is still only a nine. So what that tells me is if I wanted to play upside I could buy calls or call spreads and say Tesla or Nvidia, you know, one to two mo

— SpotGamma

when I see, you know, Nvidia now kind of grinding its way back higher as well, that that tells me that gives me a little bit more comfort.

the cues are quite a bit more expensive. So there the selling call would make more sense versus buying put in my opinion

— SpotGamma, at 29:03

Look at the Q's here, right? The cost Q percentile is 98 and the IV percentile basis is 67... the Q's are the calls are very rich relative to the puts... Can you do things like sell QQQ calls to buy S&P puts? Maybe.

— , at 9:55

Whereas like Intel is sort of bearish

— SpotGamma

buying Microsoft calls right now, like they got to do something amazing to get those calls to pay off. Um they could still have a bullish narrative, but like because they are so high in this chart and everyone this all this volume was already uh Microsoft, right? You have to have

— SpotGamma

I've continued to maintain that generally if you find long risk assets to be your preference, you can short it with uh you can hedge it by being short Micro Strategy. Micro Strategy down 4 1/2%.

— SpotGamma

Tesla's okayish but we only have five strikes and it's in this 390 395 400 405 410 area… By the time the market opened, we were already at 395, right? We had already broken down… we kind of slid through that… We didn't quite get to that 380

— SpotGamma, at 30:02

Taiwan Semi I think I'd good earnings in the report wasn't in in the reaction to that news wasn't all that great in terms of the stock price in the short term.

— SpotGamma