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

Exuberance, Divergences, and Volatility! Everything You Want in a Market

NASDAQ gets downright sketchy
–EM ripped apart 2 consecutive weeks
–short duration bid-less moments
–divergences are massive! Hold me!

Market Caps- you want exuberance, you got it!
TSLA = GS+CAT+COST

Earnings Season – yes again!
–financials – Debt risk hit the fan?
–can any corporation provide forward guidance?

Who says you cannot BUY Iron Condors?
–Welcome to Gamma Irons
–IV ranks
–GLD
–TLT
–SPY

SPX Expected Move
–last week– 80.50 (expected move)
–next week– 76.29

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

	Today
09.00	Don Kaufman \| Pre-Market Prep \| FREE SESSION 09.20 09.30 Don Kaufman \| Early volatility 09.20 10.30
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 Elizabeth \| Price Action 13.15 14.00
13.00
13.30
14.00	Corey Rosenbloom \| Options tactics 14.00 15.00
14.30	Corey Rosenbloom \| Options tactics 14.00 15.00
15.00	Blake Young \| Market wrap 15.00 16.00
15.30	Blake Young \| Market wrap 15.00 16.00