VolSignals
@VolSignals
Career Index market maker. Now focused on structural analysis, systematic delta flow & algorithmic dealer hedging to predict market behavior.
Market Makers don't manipulate price— we're trapped by our own hedging requirements. When SPX drifts between long and short strikes, our systems start buying and selling futures in ways that create predictable paths. (short thread)
Off the desk today.. come to check in and I see so much order flow crime it’s like a scene from the Purge Tag me in when you see SPX or SPY options trades being tweeted— I’m keeping receipts. Will start sharing this weekend. I’m going to be blocked by everyone soon 😬
Sharing what @VolSignals said in a newsletter about $SPX since it seems that most FinTwit traders on here seem to forget ... "Most of the trades in the $SPX are volatility trades or structural hedges - NOT directional bets."
This is a new age of Flow/Gamma/Dealer Dynamic grift. I see so many people talking about Gamma walls/flips without understanding it, and/or using free or even paid tools that are actually poor quality as well. Why? Because it makes them sound like they have some secret sauce…
it's like everyone waited for the last 10 minutes
This is the lowest volume day of the year in ES.
How did we not try this one sooner?
JUST IN - U.S. Treasury Department is now accepting Venmo and PayPal payments from those who want to donate money to reduce the nation's $36.7 trillion debt — NYP
They always get trade direction wrong. Exhibit #379,651,004 (and counting)
$SPXW huge puts $98.7 M
Today's positioning Customers net long 17k calls at $6400 ...short a strip of calls above through $6450. who owns the calls— and why? and more importantly... what do you need to know about market mechanics? Join today's call free → discord.gg/volsignals
TGIF... Today's Morning Meeting is an open one discord.gg/volsignals
General comment here on sizing between SPY and SPX Whenever you look at SPY trades or positions in the open interest... remember the multipliers. 5,000 SPY options = 500 SPX options Whenever institutional sized flow happens in SPY it looks huge thanks to the product itself…
Tomorrow expiration $SPY
If you're like the average trader on Twitter, and have been levered long the market since the exact low print on April 7th you're going to have a decision to make as these "trade deals" start rolling in
*US 20Y BONDS DRAW 4.935% VS 4.951% PRE-SALE WHEN-ISSUED YIELD
*EU DIPLOMATS SEE PROGRESS TOWARD US TRADE DEAL WITH 15% TARIFFS
*WSJ: WORLD ECNOMIC FORUM PROBE OF KLAUS SCHWAB FINDS UNAUTHORIZED SPENDING AND INAPROPRIATE BEHAVIOR If we can't trust cartoon remixes of Nazi Bond Villains, who can we trust?