Gold Slides 12% in March, Marking Worst Monthly Drop Since 2013
The World Gold Council reported that gold fell 12% in March to $4,608 per ounce, its weakest month since June 2013. Momentum factors—massive ETF outflows, a COMEX net‑long unwind and a price‑trend reversal—were identified as the primary drivers, underscoring a shift in safe‑haven demand amid easing geopolitical risk and higher real yields.
Apax Digital Funds Injects $60 Million Into MillTech, Valuing It at $325 Million
Apax Digital Funds has committed $60 million to MillTech in a minority growth‑stage round that values the London‑based fintech at $325 million. The capital will fund MillTech’s North American expansion and broaden its suite of treasury‑automation tools, underscoring continued VC appetite for...
SEC Launches Formal Review of Options on Grayscale Crypto ETF, Decision Due July 11
On April 9, the U.S. Securities and Exchange Commission formally began a review of a NYSE American plan to list options on Grayscale’s Coindesk Crypto 5 ETF. The procedural filing sets a public comment window and a decision deadline of...
Indian Banks Rush to Unwind $7 Billion USD/INR NDF Trades Ahead of RBI Deadline
Indian banks are racing to unwind roughly $7 billion of USD/INR NDF arbitrage positions before the Reserve Bank of India’s April 10 deadline, which imposes a $100 million net open‑position limit in the onshore market. The forced unwind is expected to strain liquidity...
Judge Blocks Arizona's Criminal Case Against Kalshi After Federal Intervention
U.S. District Judge Michael Liburdi issued a temporary restraining order that stops Arizona Attorney General Kris Mayes from moving forward with a 20‑count criminal case against prediction‑market platform Kalshi. The order follows a lawsuit filed by the Commodity Futures Trading...
Some Implied Moves for Earnings Next Week(Apr. 13th – Apr. 17th) – 70 Companies Reporting
OptionMillionaires published a weekly earnings‑volatility snapshot for April 13‑17, listing implied move percentages for roughly 70 companies. The guide flags expected price swings such as Netflix (6.9%), ASML (7.6%), Taiwan Semiconductor (6.3%) and KMX (11.3%). It links to a methodology page...
Crypto Perpetuals Predict the Direction of Wall Street’s Monday Open with 89% Accuracy, Data Shows
Crypto perpetual futures tied to traditional assets now predict the direction of Monday’s opening price in conventional futures with 89% accuracy, according to Binance Research. Over half (57%) of the expected price move is already reflected in these crypto markets...
CoT: Peek Into Future Through Futures, How Hedge Funds Are Positioned
Hedge funds (non‑commercial speculators) have deepened their bearish bets on long‑duration Treasuries, pushing net short positions in 10‑year note futures to 823.6 k contracts—a 5% weekly rise—and expanding 30‑year shorts to 59 k, up 86% week‑over‑week. In commodities, they remain net long...
Tail Risk Peaked Early, Vanished Before SPX Bottom
Weekend blog post features a chart built on the unique data found only @Nations_Indexes. Did you notice that tail risk (red line) peaked early in the correction and had faded by the time SPX hit its low? That was interesting...
Hedge Funds Suffer Double‑Digit Losses as Iran‑Israel Conflict and AI‑Driven Turbulence Roil Markets
Australia’s most prominent hedge funds have logged double‑digit percentage drops over the past three months, underperforming benchmarks since the start of the year. The losses are tied to heightened volatility from the Iran‑Israel conflict and rapid, AI‑driven market swings that...
Here's What the Futures Markets Are Saying About Oil and the Conflict in the Persian Gulf
Oil futures are trading in backwardation, indicating near‑term supply concerns as the Strait of Hormuz remains partially closed. Roughly 34 % of global crude normally passes through the strait, and the curve suggests traders view the disruption as temporary. The market’s...
Public Unveils AI “Generated Assets” Tool for Custom Hedge Portfolios
Public introduced its AI‑powered Generated Assets platform, enabling users to design bespoke hedged portfolios with options, futures and other derivatives in minutes. The launch comes as oil prices climb, prompting investors to seek faster, data‑driven risk‑management solutions.
Market Makers Manage Gamma, Not Predict Direction
Today’s GammaGrid Insights: Most people think market makers are predicting direction. They’re not...They’re managing gamma. Thread 👇 #Nifty50 #OptionsTrading
Oil Futures Lag Behind Spot Prices Amid Supply Shock
From The New York Times : “The futures and spot prices are rarely exactly the same, but the gap between them has grown unusually big in the past few weeks, so much so that oil executives and analysts say futures prices...
#58755
Effective April 10, 2026 the NSCC will no longer accept exercise or assignment activity for Cenntro Inc. (CENN) options, prompting the Options Clearing Corporation (OCC) to shift all such transactions to a broker‑to‑broker settlement model. The underlying deliverable stays 100 CENN shares...
Brent Futures Lag Physical Oil, Gap Set to Close
The futures price for Brent crude is around $109/bbl. But physical oil is trading closer to $145/bbl. THAT'S AN UNSUALLY LARGE PRICE GAP. THE FUTURES MARKET WILL EVENTUALLY BE MUGGED BY REALITY, AND THE GAP WILL BE CLOSED. https://t.co/XVXx6bRg9Z
Volatility Flows Into Vol Funds, Boosting Their Weight
The vol gets recycled to vol funds so you can expect the vol in those names to be a bit heavier.
Market View: US Gas Futures Tumble to 18-Month Low
U.S. natural‑gas futures dropped to an 18‑month trough this week as seasonal demand weakened during the shoulder months. A brief burst of colder weather was insufficient to lift prices, which slipped to roughly $1.70 per MMBtu, the lowest level since...
Equity Derivatives Offer Abundant Opportunities Regardless of Market Direction
Whether you believe asset prices will go higher or go lower from here there is a LOT of opportunity right now in the equity derivatives market. Weekend filled with digging through different vol surfaces, data, and shocks and slides. Stay...
European Energy Traders Brace for 21‑Hour Volatility Surge
Europe energy traders brace for 21-hour day as volatility surges https://t.co/lLXIQjQymB via @priazrocha @MaznevaElena https://t.co/BPlqCQG5sx
Cattle Futures Finish the Week Higher
Cattle futures closed the week higher on the Chicago Mercantile Exchange, with June live cattle up $2 to $240.20 and August live cattle gaining $1.40 to $244.75 per hundredweight. Feeder cattle also rose, as May contracts added $1.92 to $372.25...
Weather Trading Booms, Drawing Casuals, Experts, and Tech Firms
Weather trades are gaining traction, drawing in casual participants, experts and tech firms testing their wares. https://t.co/BanKD2PjIG
Market Holds Near Highs as Volatility Crumbles
Despite war, an oil shock, and nonstop tweets, the market is holding near highs and volatility just got crushed. With OPEX coming up next week, @spotgamma and I are back to break it all down. https://t.co/FIJLn2JfZr
Dow Jones Futures: U.S.-Iran Peace Talks Begin; Google, Amazon, Nvidia In Buy Areas
U.S. Vice‑President JD Vance led the first face‑to‑face talks with Iranian officials in Islamabad, a development that could ease tensions in the Strait of Hormuz and lift oil‑price pressures. Meanwhile, U.S. equity markets posted a strong weekly rally, with the...
Expect SPX Dip, Buying Puts at Current Levels
Saturday 3/28 SPX 6400. Expect a sizable dip on Monday and "Nothing but a buyer" Saturday 4/11. SPX 6820 buying puts last week at current levels . Just doing what we do. https://t.co/ZSOy0u6uI1
Ceasefire News Drops Oil Futures, Defying Shortage Expectations
There was lots of talk how acute "physical" shortage in the spot market would pull up futures prices of oil. That turned out to be totally wrong. News of a ceasefire pulled down futures, which in turn pulled down spot...
Volatility Collapse After Record Squeeze Triggers $45 Bn CTA Buying Surge
The S&P 500 index completed a full round‑trip from its March crash lows, erasing the sell‑off and resetting option positioning. Systematic flows have flipped to support, with commodity‑trading advisors projected to buy about $45 bn of US equities—the second‑largest weekly buy...
Hedge Funds' Short Covering Crushed Market as Retail Shifts
From the TFF which I much prefer to COT. The last month was clear. Long only asset managers do what they always do which is chase price. Through tuesday they were nothing but buyers and must have...
#58752
On April 1, 2026 the OCC adjusted Aptiv PLC (APTV) options to reflect a corporate event involving Versigent PLC (VGNT). Each APTV1/2APTV1 contract now delivers 100 APTV shares, 33 VGNT shares, and a cash‑in‑lie payment of $9.09 per contract, calculated using a...
BingX Rolls Out $500,000 Global Capital Gala to Fuse Crypto Trading with Traditional Finance
BingX announced a two‑week Global Capital Gala, featuring a $500,000 prize pool, 24/7 access to over 100 traditional assets and leverage up to 500x. The campaign aims to draw retail traders into its TradFi suite and signals new partnership opportunities...
#58750
On March 27, 2026 the OCC adjusted the SABESP (SBS) options, creating the SBS2 contract that delivers 100 American Depositary Shares plus a cash‑in‑lieu payment of $4.51 per contract. The cash amount is derived from a $27.99993 per‑share price applied to the...
Build Wealth Before 40 with LEAPS and Shares
For those of you 21-30 the trick to wealth before your 40 is stocks If your trading - LEAPS If you can’t afford the leap contract buy shares Leaps + shares = wealth building No it’s not the “day trading...
Sell Low‑delta Options: High Win Rate, Disciplined Profit
When I sell a .25 delta option I have ~ 75% chance of keeping all the premium. Do that consistently across good stocks, manage the losers, and the math compounds in your favor over time. Options buyers need luck. Options sellers need...
Crude Oil Futures Settles at $96.57. Down Sharply on the Week
Crude oil futures settled at $96.57 on Friday, down 1.33% for the day and 14.3% for the week. Prices remain below the 100‑hour ($102.87) and 200‑hour ($103.57) moving averages, reflecting market discounting a potential reopening of the Strait of Hormuz...
#58749
Peakstone Realty Trust (PKST) shareholders will vote on April 29, 2026 to approve a merger with affiliates of Brookfield Asset Management. If approved, each PKST share converts to a right to receive $21.00 net cash, translating to $2,100 per standard option contract....
Michael Burry Says He's Still Betting Against Palantir After Trump Post Boosts Stock
Michael Burry remains committed to his bearish position on Palantir Technologies, holding long‑dated put options that expire in 2026 and 2027. Despite a recent Truth Social endorsement from former President Donald Trump that sparked a short‑term rally, Palantir’s shares are...
John Hancock Adds Hedged Equity to Active ETF Roster
Manulife Investment Management and John Hancock Investment Management have introduced the John Hancock Hedged Equity ETF (JHDG) on NYSE Arca, expanding their ETF suite to 19 funds with roughly $13 billion in assets. The fund blends a high‑conviction equity portfolio with...
VIX Breach Predicts Sharp Equity Decline
Attention Homegamers... @KeithMcCullough analysis or the $VIX risk range (yesterday and today) was worth the price of @hedgeye admission. Look what happened to equities at about 10:30 AM when the VIX, at first broke support at 19.05- 19.10 (it went...
🎯 Take Profit Alert On CRWV +74%
A trader using The Options Oracle closed a cash‑secured put on CoreWeave (CRWV) after the stock’s breakout drove the option’s premium down. The position, a May 8 $65 strike with 28 days to expiration, yielded a $189 profit, representing 73.5% of...
High‑Vol Straddle Offers Near
Dec 2028 SNDK straddles at 100 vol bid. That makes the premium of the 970 strike 970. Meaning stock has to go negative to lose on the downside. Obvi if like YTD the stock doubles your SOL....
Rolled QQQ Put Spreads,
Adjustment: $QQQ May 590/550 1x2 put spreads ==> June 600/564.78-560 1x2 put spreads taking $2.30
This Options Trade Is a Bet on Oil Prices Falling Once Traffic Picks up in the Strait of Hormuz
Crude oil prices have lingered near $100 a barrel because the Strait of Hormuz remains a geopolitical flashpoint. Analysts argue that successful diplomatic talks led by U.S. Vice President JD Vance could fully reopen the strait, stripping the risk premium...
Crowd Mis‑hedged Tails, Expect Bull‑trap Stabilization
Crowd was under-hedged for the right-tail and over- hedged for the left-tail. My “stabilization into bull trap” call: https://t.co/7eiBkt8qyD
Futures Can Diverge From Spot Prices Long-Term
While phys/spot crude $ HAS to reflect immediate supply/demand pressures, and the spread to future cargoes needs to reflect scarcity (backwardation) or surplus (contango), futures $ never NEED to converge—and can remain steeply below—to those same levels in the short/medium-term
ISDA, CMCE, ETE, FIA Respond to FCA on Commodity Derivatives Clearing Threshold
On April 9, ISDA, the Commodity Markets Council Europe, Energy Traders Europe and FIA responded to the FCA’s CP26/8 consultation on raising the UK commodity‑derivatives clearing threshold. They endorse an increase from the current €3 bn (≈$3.2 bn) but argue the FCA’s proposed...
Volatility Collapse Persists Amid Fragile Ceasefire
What is up with this... We are heading into the weekend with a ceasefire that both sides are actively punching holes through, and implied volatility has the market looking like it is walking into headlights. VIX still dropping, 1-day - 30-day spread...
Momentum Trade Drives Market Rotation, Says Sonders
The momentum trade is the ROTATION🔁 🎙️ @LizAnnSonders joins @GuyAdami on the latest RiskReversal pod https://t.co/tBWFON4NpS
Indicator of the Day (Video): Volatility Index – CBOE Russell 2000
The CBOE Russell 2000 Volatility Index (RVX) has been on a steady decline from April 2024 through April 2026, punctuated by occasional spikes that correspond with macro‑economic events. The chart also shows the IYM (iShares MSCI Malaysia ETF) climbing steadily over the...
Weekly One‑Idea Episodes on The Options Trench
Thanks for the share 🐴 Erik and I actually release an episode every week. We're about 6 weeks into it. Each one is organized around 1 idea. It's a podcast and YT channel called The Options Trench 🫡
Wall Street’s Fear Gauge Just Flashed an Unusual Signal that Could Carry the S&P 500 to 7,400 Within Months
Fundstrat’s Tom Lee says the S&P 500’s recent rally and a VIX dip below 20 signal that the market bottom is in. The volatility gauge, which fell for the first time under 20 since the Israel‑Iran war began, is the third...