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Optionchain

Friday’s SPX Options Chain Already Priced in Today’s DropToday’s sharp 2.2% SPX decline wasn’t a surprise for those who looked closely at the options metrics after Friday’s spot price fakeout . Ahead of the long weekend, market participants priced in the downside with both short- and long-term options . BEFORE TODAY OPEN Put options were nearly twice as expensive as calls at equivalent Expected Move distances before Tuesday's open! BEFORE TODAY CLOSE While today’s drop has led to some call skew on weekly options, suggesting a short-term rebound , the long-term bearish sentiment remains intact. Key unemployment data this week will be crucial for the market’s next move. If you'd like to see the option chain metrics in your charts, be sure to check out our free demo script here:
SP:SPXEducation
by TanukiTrade
SPOT Spotify Technology Options Ahead of EarningsIf you haven`t sold the Head and Shoulders bearish chart pattern on SPOT: nor bought calls before the previous earnings: Now analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week, I would consider purchasing the 290usd strike price Puts with an expiration date of 2024-8-16, for a premium of approximately $15.95. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:SPOTShort
by TopgOptions