so basically at 8:30 am est this morning 6/13/23...on the es....there was a 24 pts move....congrats to the ppl that made money on it. otherwise, it was a non eventful morning for the majority of investors out there.
VIX up 6% with SPX up 0.5% --- is this an intermediate top for the week?
- Thread starter elite1974
- Start date
Could you elaborate?
demand for upside calls can cause the vix to go up.
it means i made money today and investors are pretty much flat compare to yesterday.
%%
COULD be.
NOT sure that's why IBD puts put -call ratio under SPY-S&P 500.
Could be .Since a bull market makes tops every day, could be .
Bearish Doji Candle on QQQ daily chart, but since nothing matters in this market, I doubt it will mean anything.
Any option expiring on the day you buy or sell it is a 0DTE. It could be an option that was created last week, last month, last year. That's the gist of what I understand of it. It is a new title to a phenomenon that was always inherent in the contract. Any option out there has to expire sometime. The day it does, they call it a 0dte option.
0DTE now are options that expire within the same trading day of their existence. Available to trade on market open and needs to be executed or left to expire by market close.
Maybe the term existed in the past for quarterlies ... for the day they expired. But they were not referred to as 0DTE weeks beforehand.
NQ closing about the same (unch) from RTH open although approx 100 pts higher than globex open.
The day range is decaying.
This is no good for trading.
Volume is always decreasing towards the bull side.
Less people hedging their bets ...
Trading wise ...
There are opportunities,
Just use more leverage (hahaha)
Es made 10+ points right out of the box today.
Soon the ES is going to trade like ZN
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