Third Friday Fuel: Opex, Earnings, and the Trades That Matter
We’re at 7,500 feet today—literally and metaphorically. Despite the altitude sickness, I’m dialed in because it’s Third Friday, and that means it’s monthly OPEX. This is one of the most tactical trading days of the month, and if you know where to look, the opportunities practically shout at you.
Key Points:
Monthly OPEX = Setup Goldmine
- OPEX days like today bring elevated volume, odd flows, and price dislocation—ripe for negative momentum trades.
- We’re seeing wild premiums and option expiration mechanics at work, especially with earnings right around the corner.
Positioning for Macro Meets Micro
- We’re leaning into trades where macro forces and company-specific catalysts align—think energy, financials, and even a few overlooked names that institutions are quietly rotating into.
- Keep your eyes on post-earnings reversals and how hedging flows are shifting into Monday.
No Coffee, No Problem—Just Celsius and Strategy
- Running on zero coffee and pure price action today. My brain’s tuned into where volume is flowing—not noise, not headlines, just clean setups.
- Reminder: Stay disciplined. OPEX can fake you out if you chase—wait for confirmation.
What I’m Watching:
A few tickers flashing signals after earnings, especially in the energy and tech space. Plus, I’m eyeing how the macro tone next week could shift as the Fed’s messaging collides with earnings season momentum.
Sometimes all it takes is one strong level, one clean trigger, and one good read of the tape. Let’s get after it.
Until next time,
Garrett Baldwin
TheoTRADE
