Beyond Fridays: The New Era of Single-Stock Expirations
Single-stock options are expanding beyond the traditional Friday expiration as Monday and Wednesday 0‑day‑to‑expiration (0DTE) contracts launch. Unlike index 0DTEs, these contracts are American‑style and physically settled, creating new exercise, assignment, and dealer‑hedging dynamics. Mat Cashman of the OCC and Brent Kochuba of SpotGamma explain how the shift could reshape volatility patterns and positioning across equity markets. The change signals a broader move toward ultra‑short‑dated equity options.
Tape #6: See Breakouts Before They Happen | SpotGamma
The video showcases how SpotGamma’s Hero indicator can spot a breakout before it materializes, using Palantir Technologies (PLTR) as a case study. At the time PLTR hovered around $153, the stock neared the $155 call‑wall—a typical short‑term resistance level. The Hero’s...
Tape #5: Spot Bullish vs Bearish Pressure | SpotGamma
Tape #5 from SpotGamma walks viewers through its real‑time options‑flow interface, emphasizing how traders can differentiate bullish from bearish pressure on individual stocks or indices. The video highlights the flow data tab, which timestamps each trade and flags aggressive call...
Tape #3: Gauge Market Posture | SpotGamma
SpotGamma’s Tape #3 video walks users through a set of five pie‑chart visualizations that break down put and call activity for any selected ticker list. The charts display total contracts, premiums, and the Greeks—Delta, Gamma, and Vega—across all options in...
Tape #2: Surface High-Impact Flow Fast | SpotGamma
SpotGamma’s Tape tool introduces four real‑time scanners—Top Options Volume, Top Daily Gamma Notional, Top Daily Movers, and Largest Daily Trades—to surface high‑impact options flow across more than 3,000 U.S. equities. The platform lets users filter results for contracts expiring within...
Tape #1: Visualize Momentum Through Options Flow | SpotGamma
SpotGamma introduced Tape, a real‑time options‑flow platform that streams trades for over 3,000 U.S. equities. The tool combines live transaction data with customizable scanners, filters, Greeks, volume and premium metrics to surface market sentiment and trade conviction. Integrated with SpotGamma’s...
Volatility Dashboard #7: Trader Volatility Across Expirations | SpotGamma
SpotGamma’s Volatility Dashboard highlights a calendar‑spread strategy for traders who think the market is overpricing near‑term volatility. When implied volatility sits at the top of the grey cone or exceeds it, the near‑dated options are deemed expensive. Enabling the Forward...
Volatility Dashboard #6: Match Strategies to Volatility | SpotGamma
SpotGamma’s Volatility Dashboard lets traders pinpoint overpriced options by highlighting strikes with unusually high or low implied volatility. Users load a ticker into the Fixed Strike Matrix, enable Show Highlights, and instantly see yellow‑boxed opportunities. The tool recommends selling out‑of‑the‑money...
Volatility Dashboard#5: Spot Shifts in Volatility Expectations | SpotGamma
SpotGamma’s Volatility Dashboard features a VIX Term Structure chart that plots forward VIX futures across upcoming expirations, letting traders gauge future market risk. Users can toggle between calendar dates or days‑to‑expiration views and customize which dates appear, enabling precise analysis...
Volatility Dashboard #4: See Where Tail Risk Is Priced | SpotGamma
SpotGamma’s Volatility Dashboard adds a Skew tab that maps implied volatility across multiple strikes at a single expiration, letting traders see where the market prices tail risk. Users can toggle between price‑based, delta‑based, or percentage‑moneyness views and slide the scale...
Volatility Dashboard #3: Read Volatility Across Time Horizons | SpotGamma
SpotGamma’s Volatility Dashboard’s Term Structure tab now lets traders visualize implied volatility across option expirations in real time. Users can slide a timeframe selector from one day up to a year, and a gray cone displays the 10th‑90th percentile volatility...
Volatility Dashboard #2: Spot Cheap Vs. Expensive Options | SpotGamma
SpotGamma’s Volatility Dashboard introduces a Fixed Strike Matrix that ranks options as cheap or expensive using an Implied Volatility Z‑Score updated throughout the trading day. Users can customize the view, adjust expiration ranges, and toggle statistical or daily gradients to...
The EVERYTHING (EXCEPT SPX) APOCALYPSE
SpotGamma founder Brent Kochuba hosted a live session titled “The EVERYTHING (EXCEPT SPX) APOCALYPSE,” highlighting the severe decline in software and AI stocks. He examined how heightened volatility is reflected in options flow, especially in zero‑day‑to‑expiration contracts. The discussion showcased...
Bitcoin Lifeless Despite Pumpers-in-Chief; Stocks Firm; Silver Rips: CFOF LIVE
Stocks held relatively firm an hour into the session, led by strength in semiconductors which look poised for a breakout, while silver staged a roughly 4% futures rally after looking vulnerable. Bitcoin lagged, falling about 2.5% despite high-profile endorsements and...
February OPEX (Options Expiration) Live with Brent Kochuba | SpotGamma
On February 18 SpotGamma hosted its OPEX live, noting that despite expectations for downside pressure around VIX expiration the market moved higher. The firm highlighted pervasive negative gamma heading into expiration—implying dealers amplify moves and elevated intraday volatility—and pointed to...
Long SMH / Short MSTR, Long Dispersion Still Working: CFOF LIVE From Cboe
On Cboe’s CFOF Live, hosts Oliver Renick and Brent Kochuba highlighted persistent dispersion in equity markets—large single-stock moves amid a calm S&P 500—and reiterated that long-dispersion strategies and long hardware/semiconductors versus short software (including MicroStrategy) have continued to work. They...
Stocks Hold, Crypto Bounces: Friday Trading Special LIVE From Cboe
U.S. markets held near recent highs on Friday with the S&P 500 trading modestly up and rangebound between roughly 6,800 and 7,000, leaving only a single strong session needed to retake all-time highs. Bitcoin led a notable crypto bounce, rising...
Stocks Sour, Risk Radar Turns for Worse: CFOF LIVE From Cboe
U.S. equities slid as cloud stocks led a broader selloff, with hosts flagging a bearish divergence in the S&P 500’s momentum that could force a meaningful pullback toward roughly 6,600 if key levels break. Bond markets unexpectedly rallied and yields...