Hello!
On today’s Income From Options, SPX implied vols are very low. Especially the next three days. Premiums pick up Thursday and Friday to account for NVDA earnings Wednesday after the close (reminder that QQQ and SPY options price Wednesday after hours in their premiums for Wednesday expiring options, SPX prices NVDA on Thursday options). We discuss possible ways to trade around the low premiums as well as potential positioning for options at the end of the week. Options are pricing small moves and a slow grind higher without major demand for puts or even upside calls in the major indices. But that has been self-fulfilling as well as all that gamma of sold options is keeping moves mostly small for now. Hope you enjoy!
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Based upon publicly available information derived from option prices at the time of publishing. Intended for informational and educational purposes only and is not any form of recommendation of a particular security, strategy or to open a brokerage account. Options price data and past performance data should not be construed as being indicative of future results and do not guarantee future results or returns. Options involve risk, including exposing investors to potentially significant losses and are therefore not suitable for all investors. Option spreads involve additional risks that should be fully understood prior to investing. Securities trading is offered through Options AI Financial, LLC, member FINRA and SIPC
