Options Flows on SPX Price Action - A breakdown of Gamma, Vanna, and Charm
Options have emerged as the new bedrock, with SPX functioning as the derivative. Tail wagging the dog scenario. For traders engaged in the SPX, ES (futures), or SPY, understanding the ramifications of options flows is paramount - But is this information really needed to be consistently profitable, or is it just noise?
How to Day Trade on FOMC Days: A Guide for Traders
By following this approach, you can effectively day trade options or futures on FOMC days and maximize your profit potential. Remember to stay disciplined, stay focused on your plan, and always watch price action.