Good Morning!

We used yesterday’s SPY analysis to dish out another 100% alert on SPY.

My focus is being a very precise trader. I don’t post the most high volume of trades but the trades I do take I win the majority of them. We also went up 100% on the FCEL trade issued to all live alerts members yesterday!

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Whale Watching is our recurring segment where we highlight the most significant options buys from smart money from the prior day. This is what we have for yesterday:

This MARA flow looked interesting yesterday! It’s a mid dated flow with an expiration in Mid July. We ran it through the A.I. agent to grade the quality of the flow and this is what it said:

The flow graded out as an A- which is incredibly high! This is a bit of a macro play that bitcoin and risk assets may go up over the summer. Our new Fed chair is very crypto friendly. This could be a bit of a play on that as well. At the very least I think this one is pretty interesting and love the fact that it has some time to play out which is always nice for an options play.

SPY is red premarket this morning. We’ve got a lot going on today. Its a major OPEX day as well as macro events going on that can sway the market. We continue to use the data to analyze movements and predict a direction and try to block out the noise.

SPY is sitting right at a crossroads right now. It sits just atop of a massive wall of negative gamma. If SPY slips into that 740 range and below we could take the elevator down very quickly. If you notice there is still positive gamma positioned overhead at 745 and above. This market has been incredibly strong and it’s very possible we could push back into those ranges today.

Ultimately, we are going to have to read live gamma and see how dealers position and we will play that move.

We are wrapping up our first full week of live alerts. We’ve had many winners and 3 that have gone 100%+.

We’d love for you to join our community and try our system.

Use the link below and try your first month with a discount!