0:00 Introduction
1:32 Current market volatility and geopolitical situation
4:31 Explanation of the options expiration (OPEX) cycle
7:46 Comparing current market decline to past situations
10:56 Record VIX options volume on previous Friday
13:01 Discussing the "OPEX Zone" and current positioning
16:55 Massive put interest at SPX 5000 strike
20:08 Comparing current geopolitical risk to COVID crash positioning
21:54 Recapping volatility suppression from previous presentation
25:15 Extreme streak without 2% S&P 500 up/down days ending
29:03 Evidence of volatility and correlation increasing recently
33:18 Discussing volatility across other asset classes like rates
36:37 Charity stream event announcement for April 30th
40:41 Seeing VIX futures rolling to hedge geopolitical risk
43:02 Expecting volatility to remain elevated in coming months
45:58 Closing thoughts on potential for new volatility regime
DOWNLOAD THE SLIDE DECK
https://excessreturnspod.com/opexeffectapril2024
MORE INFORMATION ABOUT SPOTGAMMA
https://www.spotgamma.com
FOLLOW BRENT ON TWITTER
https://twitter.com/spotgamma
FOLLOW JACK ON TWITTER
https://twitter.com/practicalquant
Related Videos
The Calm Before the Storm? | The Warning Signs Inside the Options Market
Join Brent Kochuba and Jack Forehand as they analyze the current market landscape and what options flows tell us about potential volatility ahead. The duo dives deep into why the market may be underpr...
Tesla, MicroStrategy and An Inside Look at the Biggest Options Expiration in Market History
Join Brent Kochuba and Jack Forehand as they break down December's historic options expiration - the largest OpEx on record. In this deep-dive episode, they explore: Why this December OpEx is uniquely...
Tesla, Trump and the Return of Meme Mania | Inside the Flows Driving the Post Election Rally
In this episode of The OpEx Effect, we dive deep into the fascinating market dynamics following the recent election and explore the remarkable surge in options trading volume. We break down how Tesla'...