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Delta Air Lines has outperformed its airline peers since the Iran‑related conflict escalated, with its share price climbing roughly 70% since December 2023 despite jet‑fuel prices surging 180% in Singapore. The airline’s ownership of the Trainer Refinery in Pennsylvania provides a natural hedge against the crack spread but does not shield it from higher crude oil costs, leading to a $400 million fuel expense hit in Q1 2026. Delta now trades at a 17‑26% premium to the broader carrier group, prompting analysts to suggest options‑based hedges for investors.
Yes, this recent bout of volatility hasn't been fun for investors, but remember, volatility is the toll we pay to invest. These three charts are timeless and always come in handy in times like this. Chart 1 - The average years sees...
Amid a broad risk‑off wave, investors are turning to covered‑call ETFs for defensive positioning and income. While the strategy promises downside protection, many funds have struggled with persistent losses, shrinking dividends, and missed upside during market rebounds. The article outlines...
Harold Bernstein, president of R&D and CMO at Maze Therapeutics, exercised 30,000 stock options and sold the resulting shares for roughly $1.51 million under a pre‑arranged 10b5‑1 plan. The move eliminates his direct equity stake but leaves him with 267,407 options...
The morning changed pretty fast — $SPX futures went from -45 to +130 handles after Trump said the last 48 hours of talks were very productive. There should be some resistance near 6623ish, and 6754 is the major if this...
HEDGE FUNDS and other money managers purchased the equivalent of 120 billion cubic feet (bcf) in the two major gas futures and options contracts based on prices at Henry Hub in Louisiana over the seven days ending on March 17....
Invesco’s S&P 500 Equal Weight Income Advantage ETF (RSPA) provides full‑cap exposure with a 9 %+ monthly yield through a call‑writing overlay. The fund uses equity‑linked notes rather than standard options, delivering higher income but generating ordinary‑income distributions. This structure reduces tax...
last week, as the S&P 500 $SPX made lower (ugly) lows, the volatility $VIX index did not... https://t.co/Vmdmxc3JXz
AD just like GC (and SI)....visible swing highs and lows and the action around these levels set up great trades. of course this was the same move that goosed most all the financials.. https://t.co/mTPsmdSV18
Nvidia’s dominant data‑center GPU market share and strong balance sheet keep it attractive, with a discounted cash‑flow model placing fair value near $226.6, implying roughly 29% upside. The YieldMax NVDA Option Income Strategy ETF underperforms because its covered‑call approach caps...
Strong feeling this was the break to buy in precious metals For sure the break to stack $SI_F https://t.co/uLHE50DU5D
Hope you’ve had your coffee Futures are ripping to start the week S&P is up 1.5% pre market after Trump says the U.S. will pause further strikes on Iranian energy infrastructure for 5 days Oil reacting fast, down 10% to $90 Big week ahead...
Gold’s price has slumped more than 15% this month as stagflation concerns surge following the Iran war, and the market now assigns roughly a 30% chance of a Fed rate hike by year‑end, up from expectations of multiple cuts a...
Dow futures jump 1,200 points after Trump says U.S. and Iran have held ‘productive’ talks: CNBC https://t.co/ayLrxCx0Ot
Crude oil prices jumped amid geopolitical tension, pushing U.S. equity futures lower and sparking a surge in implied volatility and gamma exposure. Asian indices, including Japan's Nikkei and South Korea's KOSPI, also felt the pressure, highlighting the broad derivatives impact.
The options market is looking to the 2022 Russia‑Ukraine crisis playbook as Iran‑related geopolitical risk resurfaces. While the VIX has lingered under the 30‑point threshold, realized S&P 500 volatility remains low despite elevated implied risk premiums and dealers’ short‑gamma positioning. Strategies...
You can hold that garbage can full of gasoline and wait for higher prices, but risk Trump TACOing and prices dumping. Or you can simply sell the garbage can of gasoline into spot and buy the same garbage can back for...
In Episode 18 of Vol Street Journal, the host highlights a tightening VIX curve, signaling heightened sensitivity to market moves. He notes an unusual flattening of the skew as put implied volatility fell even during a 120‑point market decline. The...
This may or may not be true. But unless you care about which exchange/clearing/venue has volumes. Shifting $JHEQX from SPX cash options to some other form of ES options or BTIC+ settled ES options has literally no impact on...
Coinbase has introduced stock perpetual futures for eligible non‑U.S. customers, enabling 24/7 synthetic exposure to Tesla, Apple, Nvidia, Microsoft, Alphabet, Amazon, Meta and other Magnificent 7 stocks. The contracts provide up to 10x leverage on individual equities and up to 20x...
Oil futures surged on Monday as U.S. President Donald Trump warned Iran of bombing its power plants unless the Strait of Hormuz reopened within 48 hours. Brent crude rose 1.27% to about $113.5 a barrel and WTI to $99, pushing...
The 1% rule kept me stuck for YEARS. 🤦♂️ Thought I was “managing risk”… really I was just limiting growth. There’s a better way to scale when the setup is there. I break this down daily in Discord with 11,000+ traders. Drop SETUP and...
🌽Money managers as of March 17 held their most bullish position in CBOT corn fut & opt since late Feb. 2025, as more shorts were forced out of the market. That marked funds' 9th consecutive week as net corn buyers, their...
Harold Bernstein, president of Maze Therapeutics, exercised 30,000 stock options and immediately sold the underlying shares for roughly $1.51 million under a pre‑arranged 10b5‑1 plan. The transaction eliminates his direct equity stake but leaves him with 267,407 options ahead of the...
Nasty open for USTs with front-end under the most pressure. 2y futs off 3.5 ticks
Polymarket, a large prediction market, shows only a 28% chance that the Strait of Hormuz will open for normal traffic by the end of April. TRUMP & NETANYAHU’S WAR ON IRAN = MASSIVE COSTS. https://t.co/slk6gIZTUJ
Institutional traders face the largest March options expiry on record, with $5.7 trillion of gamma‑sensitive contracts and a $7.1 trillion quadruple‑witching flow set to unwind on Friday. The combined pressure threatens sharp price swings in equities, ETFs, and Bitcoin, prompting heightened hedging...
Oh no! US airlines are no longer hedged against oil price shocks. Now we will all be paying in higher fares. Just like PJM states who didn't hedge against the recent increase. And California in 2000-2001. Hindsight is 20-20 but...
Person who said $ETH 9K right before it dropped 50% now says $ES_F 7700 https://t.co/5spjzy9CBi
Three weeks into the Iran‑Qatar conflict, a strike on Qatar’s LNG facility has turned a geopolitical flashpoint into a structural energy supply crunch, prompting European leaders to warn of a multi‑year gas squeeze. Despite widening credit spreads, equity momentum loss,...
As @JC_ParetsX recently mentioned, it is peculiar to see high beta outperforming low volatility during this recent surge lower. Not what you'd expect to see if things were as bad as they keep telling us. https://t.co/rGvxOprdO0
Nevada's attorney general filed a criminal complaint and secured a temporary injunction that halts Kalshi's binary event contracts in the state. The move targets the platform’s geopolitical contracts and marks the most aggressive state action against a US‑based prediction market,...
Today I'm premiering my interview with Tito Adhikary @GnT_Trades A Harvard Cancer Researcher turned Options Trader Tito returned over 2,000% in the 2025 USIC trading growth stocks with options. Here's a quick preview 👇 https://t.co/2X9kxXvqkq
Coinbase has launched cash‑settled, 24/7 stock perpetual futures for eligible non‑U.S. traders, offering up to 10‑times leverage on single‑stock contracts and 20‑times on ETF contracts. The move expands the exchange’s “Everything Exchange” strategy into traditional equity exposure, targeting demand for...
Yes, but there is more to it than just that..... such as the $27 spread in CLK26/CLK28 May 26 WTI Crude Oil Futures settled $98.23 May 28 WTI Crude Oil Futures settled $71.23
Both S&P500 and S&P June E-Mini Futures looked to have violated levels that could lead to additional downside. https://t.co/lo2FDEAZl2
The Cboe Crude Oil ETF Volatility Index (OVX) has surged to 108, roughly three times its level at the start of 2026, as the U.S.-Israeli conflict with Iran disrupts about 20% of Persian Gulf oil output. This spike eclipses volatility...
More data that supports the idea behind my 5% Canary paper. Markets don’t always follow historical precedence, but still important to know.
$VIX at 23.5. Not panic. Not complacency. The ugly in-between where nobody knows what to do. Most dangerous market condition there is. https://t.co/c8of6UQSir
On March 16, 2026 the Options Clearing Corporation announced that Yext, Inc. (YEXT) options will transition from broker‑to‑broker settlement to Continuous Net Settlement (CNS) through the National Securities Clearing Corporation. The change takes effect for all exercise and assignment activity on or...
Eaton Vance Risk‑Managed Diversified Equity Income Fund (ETJ) is now trading at $8.10, a 1.5% dip, after its S&P 500 put options moved in‑the‑money. The fund uniquely blends call writing with put buying, covering roughly 96% of its holdings for strong...
Some thoughts today on the week ahead in the market. Meanwhile, one of the things I didn't get to mention is that elevated premium on SLB and WFRD puts is creating 3–4% monthly yield, or close to annualized 40% returns,...
One last COT note: for the Bitcoin believers. Net spec futures positioning has pushed up to its highest net long in a year. Last two peaks in this area aligned to basing before strong bull legs. This time different? https://t.co/0XegxFutnJ
Wall Street is bracing for a $5.7 trillion options expiry—the biggest March event on record—as S&P 500 quadruple witching unfolds. The massive unwind of index, ETF and single‑stock contracts is expected to trigger gamma squeezes, price pinning and sharp volatility spikes...
Another remarkable change in net-speculative positioning comes from AUDUSD. A further nudge in the net long positioning, pushes futures spec interest to the heaviest long since October 2017. A carry drive as rate forecasts pick up https://t.co/sJ0Xl2KxxD
In case you missed it, net speculative futures positioning behind $EURUSD posted its biggest weekly 'net drop' on record - an 84K contract drop in the net long. That's a strong move away from the anti-dollar pressure over the past...
The Options Clearing Corporation (OCC) issued a March 20, 2026 notice that two listed options—CEPU1 (Central Puerto S.A.) and MGIC1 (Matrix IT Ltd)—will not be subject to the standard automatic exercise thresholds for the March expiration. Holders of long positions must independently...
CFTC positioning: USD as Iran hedge Chart: dollar weighted exposure in million dollars versus number of non-commercial participants (speculators) large dot: most recent small dots: last year grey dots: last 10 years green: long red: short src: BBG, Merk https://t.co/LDLtec7oXv
Oil riskies firmed a lot to the put and today spot up, vol down day https://t.co/yyPo6cUfXq
That is one looong blue line. A month ago, Fed fund futures were pricing in the next cut as June. This June. Now it's October '27 https://t.co/HCElEgtrLE
