Nitou - Cyberotter Extraordinaire
@nitou7.bsky.social
6990 ended up being the upper resistance for the day. I was able to sell 6985/6990 bear call spreads on one of the tests of 90. Those ended up closing otm at max profit. I was also able to get a slightly profitable exit on my earlier 6975/6980 BCS.
Thanks @gammastrike.bsky.social
Thanks @gammastrike.bsky.social
February 2, 2026 at 9:43 PM
6990 ended up being the upper resistance for the day. I was able to sell 6985/6990 bear call spreads on one of the tests of 90. Those ended up closing otm at max profit. I was also able to get a slightly profitable exit on my earlier 6975/6980 BCS.
Thanks @gammastrike.bsky.social
Thanks @gammastrike.bsky.social
I forgot to factor in charm and bulls squeezing delta to the upside.
I sold 6975/6980 Bear Call Spreads on the second test of 6980
I sold 6975/6980 Bear Call Spreads on the second test of 6980
February 2, 2026 at 3:59 PM
I forgot to factor in charm and bulls squeezing delta to the upside.
I sold 6975/6980 Bear Call Spreads on the second test of 6980
I sold 6975/6980 Bear Call Spreads on the second test of 6980
Doing some @gammastrike.bsky.social stuffs before open
Well the big strikes to pay attention to are 6900 and 6950 (support:resistance respectively)
IF 6900 is tested/broken I think a bounce is highly likely back above 6900, which is also the 1D lower IM
Well the big strikes to pay attention to are 6900 and 6950 (support:resistance respectively)
IF 6900 is tested/broken I think a bounce is highly likely back above 6900, which is also the 1D lower IM
February 2, 2026 at 2:10 PM
Doing some @gammastrike.bsky.social stuffs before open
Well the big strikes to pay attention to are 6900 and 6950 (support:resistance respectively)
IF 6900 is tested/broken I think a bounce is highly likely back above 6900, which is also the 1D lower IM
Well the big strikes to pay attention to are 6900 and 6950 (support:resistance respectively)
IF 6900 is tested/broken I think a bounce is highly likely back above 6900, which is also the 1D lower IM
not a bad way to end the week
January 30, 2026 at 9:01 PM
not a bad way to end the week
more accurate representation of my 0DTE positions for today. I sold the bear call spreads back on Monday or Tuesday
January 30, 2026 at 6:44 PM
more accurate representation of my 0DTE positions for today. I sold the bear call spreads back on Monday or Tuesday
Similar idea as yesterday
- wait for test of lower IM sell BPS to hedge bearish positions
@gammastrike.bsky.social things
- wait for test of lower IM sell BPS to hedge bearish positions
@gammastrike.bsky.social things
January 30, 2026 at 6:36 PM
Similar idea as yesterday
- wait for test of lower IM sell BPS to hedge bearish positions
@gammastrike.bsky.social things
- wait for test of lower IM sell BPS to hedge bearish positions
@gammastrike.bsky.social things
Sold bear call spreads, 6930/6940 for 6.05 (red arrow)
Built an iron butterfly with a minimum profit
Built an iron butterfly with a minimum profit
January 29, 2026 at 5:50 PM
Sold bear call spreads, 6930/6940 for 6.05 (red arrow)
Built an iron butterfly with a minimum profit
Built an iron butterfly with a minimum profit
Still in it
January 29, 2026 at 5:19 PM
Still in it
whelp, good thing I have bearish SPX positions
January 29, 2026 at 4:01 PM
whelp, good thing I have bearish SPX positions
- Waited for test of lower 1Day IM after no bounce at GN
- Sold 6930/6920 bull put spreads for 5.50 (red arrow)
- Break even is about the IM
- Expectation is some mean reversion/bounce after the loss of the IM and GN
- The BPS also partially hedge my bearish SPX positions
@gammastrike.bsky.social
- Sold 6930/6920 bull put spreads for 5.50 (red arrow)
- Break even is about the IM
- Expectation is some mean reversion/bounce after the loss of the IM and GN
- The BPS also partially hedge my bearish SPX positions
@gammastrike.bsky.social
January 29, 2026 at 3:27 PM
- Waited for test of lower 1Day IM after no bounce at GN
- Sold 6930/6920 bull put spreads for 5.50 (red arrow)
- Break even is about the IM
- Expectation is some mean reversion/bounce after the loss of the IM and GN
- The BPS also partially hedge my bearish SPX positions
@gammastrike.bsky.social
- Sold 6930/6920 bull put spreads for 5.50 (red arrow)
- Break even is about the IM
- Expectation is some mean reversion/bounce after the loss of the IM and GN
- The BPS also partially hedge my bearish SPX positions
@gammastrike.bsky.social
- Waited for the 2nd break above the 1 day Implied Move.
- Sold 6985/6990 Bear Call Spreads for 3.00 premium (red arrow)
- Waited for the losses of 85 and 80
- Set OCO close order, limit 1.00, stop 2.00
- Stop triggered (green arrow) made $
just @gammastrike.bsky.social things
- Sold 6985/6990 Bear Call Spreads for 3.00 premium (red arrow)
- Waited for the losses of 85 and 80
- Set OCO close order, limit 1.00, stop 2.00
- Stop triggered (green arrow) made $
just @gammastrike.bsky.social things
January 27, 2026 at 5:31 PM
- Waited for the 2nd break above the 1 day Implied Move.
- Sold 6985/6990 Bear Call Spreads for 3.00 premium (red arrow)
- Waited for the losses of 85 and 80
- Set OCO close order, limit 1.00, stop 2.00
- Stop triggered (green arrow) made $
just @gammastrike.bsky.social things
- Sold 6985/6990 Bear Call Spreads for 3.00 premium (red arrow)
- Waited for the losses of 85 and 80
- Set OCO close order, limit 1.00, stop 2.00
- Stop triggered (green arrow) made $
just @gammastrike.bsky.social things
Trump Tariffs on S. Korea because they're former president tried to do an insurrection.
deathpenaltyinfo.org/former-south...
deathpenaltyinfo.org/former-south...
January 26, 2026 at 11:13 PM
Trump Tariffs on S. Korea because they're former president tried to do an insurrection.
deathpenaltyinfo.org/former-south...
deathpenaltyinfo.org/former-south...
Doing @gammastrike.bsky.social stuffs
- waited until after Michigan Consumer
- positive data sold 25/10 bull put spread for 8.00
- expected grind up to above 30 given GEX profile
- sold 25/40 bear call spread for 8.00
optionstrat.com/build/iron-b...
- waited until after Michigan Consumer
- positive data sold 25/10 bull put spread for 8.00
- expected grind up to above 30 given GEX profile
- sold 25/40 bear call spread for 8.00
optionstrat.com/build/iron-b...
January 23, 2026 at 4:07 PM
Doing @gammastrike.bsky.social stuffs
- waited until after Michigan Consumer
- positive data sold 25/10 bull put spread for 8.00
- expected grind up to above 30 given GEX profile
- sold 25/40 bear call spread for 8.00
optionstrat.com/build/iron-b...
- waited until after Michigan Consumer
- positive data sold 25/10 bull put spread for 8.00
- expected grind up to above 30 given GEX profile
- sold 25/40 bear call spread for 8.00
optionstrat.com/build/iron-b...
- ES is up about 60 bps from yesterdays close
- SPX should open fairly near the upper IM
- Will need to see if 6900 acts as support
- SPX should open fairly near the upper IM
- Will need to see if 6900 acts as support
January 22, 2026 at 2:10 PM
- ES is up about 60 bps from yesterdays close
- SPX should open fairly near the upper IM
- Will need to see if 6900 acts as support
- SPX should open fairly near the upper IM
- Will need to see if 6900 acts as support
So this is happening
January 17, 2026 at 4:26 PM
So this is happening
@gammastrike.bsky.social here's a question for the next VolStars: On the SPX monthly options chain going back several months there's been a bump in GM consistently (see arrows on image). Where's the bump for January OPEX (see circle)? What does this mean for the index going forward?
January 17, 2026 at 3:03 PM
@gammastrike.bsky.social here's a question for the next VolStars: On the SPX monthly options chain going back several months there's been a bump in GM consistently (see arrows on image). Where's the bump for January OPEX (see circle)? What does this mean for the index going forward?
Jan LEAP OPEX Day and doing @gammastrike.bsky.social things
It looks like SPX will open above 6950, but it's tight. There's more than a decent amount of LEAP contracts expiring that are at 6950
It looks like SPX will open above 6950, but it's tight. There's more than a decent amount of LEAP contracts expiring that are at 6950
January 16, 2026 at 2:00 PM
Jan LEAP OPEX Day and doing @gammastrike.bsky.social things
It looks like SPX will open above 6950, but it's tight. There's more than a decent amount of LEAP contracts expiring that are at 6950
It looks like SPX will open above 6950, but it's tight. There's more than a decent amount of LEAP contracts expiring that are at 6950
Jan 15 2026 pre-market prep w/ @gammastrike.bsky.social
January 15, 2026 at 2:10 PM
Jan 15 2026 pre-market prep w/ @gammastrike.bsky.social
SPX has tested DN-W now the last 4 OPEX months. SPX has also closed below DN-W at least one day each of the last three OPEX weeks. Will SPX close below DN-W today, we'll have to wait and see...
Thx @gammastrike.bsky.social
Thx @gammastrike.bsky.social
January 14, 2026 at 3:02 PM
SPX has tested DN-W now the last 4 OPEX months. SPX has also closed below DN-W at least one day each of the last three OPEX weeks. Will SPX close below DN-W today, we'll have to wait and see...
Thx @gammastrike.bsky.social
Thx @gammastrike.bsky.social
January 14, 2026 at 2:48 PM