SLV, the silver ETF, just traded 2.7 million option contracts in a single session.  For context, that’s approaching Nvidia territory. On a holiday Friday with virtually no volume anywhere else. The bigger question isn’t whether this trade ends badly. It will. No market cracks the expected move five weeks in a row and stays elevated

We’ve got a half day of trading, keeping things quiet…or so you would think. Let me start by saying, the response to my 0DTE webinar was OVERWHELMING. I knew that trading 0DTE products was popular…but my word. For those of you who weren’t able to attend, you can check out a replay of the event

Gianni just flagged a critical divergence that could determine whether this rally has legs or is running on fumes. The S&P 500 continuous contract just hit a new all time high. The cash index is on the verge of its highest daily close in history.  Yet the NASDAQ has not made a new all time

Brandon just exposed a number most traders refuse to look at. The S&P 500 in gold terms is now trading at April lows. Gold surged 2.2% today. The S&P gained just 0.6%. That means in real purchasing power, the market lost ground. Brandon ran the ratio. At the start of the year, the S&P traded

Bullish trades are costing 40-50% more than bearish ones in today’s market. That is not a typo. I pulled up equivalent $4 wide spreads in SPY today. Same distance from the money. Same expiration. The call spread costs over a dollar more than the put spread. The reason is skew. And right now, skew is

Blake just uncovered something buried in today’s inflation report that changes everything about how you should position for the rest of the year. The BLS released their “catch-up” CPI data for October and November. The problem is they only captured three categories out of the entire report. New vehicles, used vehicles, and gas prices. That’s

The S&P dropped 1% today and hit the lower edge of the expected move. Social media is screaming about a market crash. But the VIX barely moved. Neither did the VVIX. Volatility is looking at this “selloff” and saying nothing’s happening. The advanced decline line tells you why. We’re sitting at 50-50 advancers to decliners.

Gianni spotted the development everyone’s missing while they obsess over the Fed. Crude oil just crashed to prices we haven’t seen since February 2021. We’re talking five-year lows. This is massive. The market is pricing in just one rate cut for 2025. Inflation concerns are everywhere. Then crude breaks down to $55 and keeps falling.

Brandon spotted an 85,000 contract bullish spread in GLD today targeting $425 by late January. That trade hit the tape in two fills at the exact same time. 50,000 contracts in one print. 34,000 in another. Both bought at the ask, which signals urgency. Gold has been quietly outperforming everything. Up 2.65% in the last

 Don here… The S&P 500 dropped 100 points today while the advance-decline line sat at 50-50. That combination should not be possible. Tech is selling off hard. Broadcom cratered after hitting all-time highs. Nvidia is stuck in the mud. Microsoft keeps taking hits. Google broke outside its expected move to the downside. Yet the