SPX decent day today, too bad I was busy working my J O B. I did sneak in 10 contracts for 6300 puts for tomorrow avg 6.00 currently sitting at 8.75!!! Exciting setup for tomorrow’s dump!!!
SPX I don't understand MM's some days. They are supposed to be equal opportunity dream destroyers, balancing puts and call paid out each day. Today's finish placed over 1,000,000 puts WAY in the money finishing below 636. Where a finish at 637 would have pulled all of those puts OTM while putting less than 175,000 calls in the money. Makes zero sense. I guess they like paying out 5x the contracts they need to some days.