While most traders log off and wait for the next session, larger players are already building positions overnight — and what if you could interpret that activity to come into the next day with a clear directional bias instead of reacting at the open? → Discover The Edge

Does Tech Dominance Create Systematic Market Risk?

Market are owned by TSLA and NVDA–

-Financials down 1%

-Energy off 3.9%

-DOW off 230 points

-Spuz massively unchanged!

-Even AMZN and GOOGL down did not negatively impact NASDAQ

-internals and overnight /ES trade do not matter!

-massive rotations may take place if big tech sells off

Profound Market Moves–

-QQQ

-IWM

-TSLA

Markets Bid Risk Assets–

-Da FED

-Big boy skew – good for premium selling!

-Bonds

-Dollar

-tightened my delta

SPX Expected Move

–last week– 60.41 (expected move)

–next week– 54.75

Don Kaufman

Don Kaufman is options trader and educator. Former CBOE market maker, former Chief Derivatives Instructor at thinkorswim, and former Director of the Trader Group at TD Ameritrade. In 2015 he co-founded TheoTrade to teach traders how volatility, probability, and risk really work.

More about Don Kaufman

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	Today
08.30	OJ & Mac \| Overnight review \| FREE SESSION 08.30 09.20 Don Kaufman \| Early volatility 09.20 10.30
09.00
09.30
10.00
10.30	Jeff Bierman \| Market structure 10.30 11.30
11.00	Jeff Bierman \| Market structure 10.30 11.30
11.30	Brandon Chapman \| Ghost Hour 11.30 12.30
12.00	Brandon Chapman \| Ghost Hour 11.30 12.30
12.30	Gianni Di Poce \| Macro overview 12.30 13.15 Corey Rosenbloom \| Options tactics 13.15 14.00
13.00
13.30
14.00	Tony Rago \| Futures Trading 14.00 15.00
14.30	Tony Rago \| Futures Trading 14.00 15.00
15.00	Blake Young & Mac Holbrook \| Market wrap 15.00 16.00
15.30	Blake Young & Mac Holbrook \| Market wrap 15.00 16.00