23/10 Indices, page-22

FRIDAY US ORDER FLOW

we flipped from bearish to bullish sentiment upon OPEX

The amount of January call premium is nuts, insto's looking for a directional play through Q4



Dark Pool activity last week - SPY $426.61 signature dark pool print has $4.6 billion premium from friday

to put that into perspective, about $75b net transaction volume is needed to move the equity market in any one direction in any one day

$426.50 is a strong line in the sand for bulls and bears



Netflix (NFLX) remained relatively unscathed during the recent market sell-off last week.

It didn't appear to dent the overall positive earnings trend. While this is more tech-related and might be better gauged by the performance of QQQ, it indicates to me that the broader market sentiment and the sell-off were likely temporary rather than systemic.

Otherwise, Netflix would have experienced a significant decline and lost its recent gains.

including dividends reinvested and franking credits, over the last 10 years the XJO has returned 8.71% annualised, and the S&P500 total return is 9.26% annualised for context. Price is not indicative of performance

@redbacka in your post https://hotcopper.com.au/threads/16-10-indices.7635939/page-138?post_id=70471283

you mentioned max pain for SPY is $450 - this is incorrect

Max pain for November expiration $432