ES - PUT Volumes +21% for potential Squeeze ahead of Wednesday
Protection, cheap protection, continues to be applied.
The outsized demand for downside protection provides
an opportunity to squeeze the ES SPY SPX to higher highs.
The Gamma Squeeze in AMC, TSLA, ARKK will come to a
decided end as we begin to Roll the VIX with settlement
next Wednesday.
We remain patient waiting for Gaps to fill on both the
CASH/SPOT VIX and M1/M2 AUG/SEP.
Presently we are trading CL only waiting for Fills on ES
NQ and YM SELL TO OPEN.
VIX Bids in on SEP M2 OCT M3 NOV M4.
The outsized demand for downside protection provides
an opportunity to squeeze the ES SPY SPX to higher highs.
The Gamma Squeeze in AMC, TSLA, ARKK will come to a
decided end as we begin to Roll the VIX with settlement
next Wednesday.
We remain patient waiting for Gaps to fill on both the
CASH/SPOT VIX and M1/M2 AUG/SEP.
Presently we are trading CL only waiting for Fills on ES
NQ and YM SELL TO OPEN.
VIX Bids in on SEP M2 OCT M3 NOV M4.