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Brent Kochuba from SpotGamma
Stock Market Options Trading
What's the Difference Between Call Wall and Put Wall?
I was actually short call spreads on Wednesday. And we did gap up. And I think we pushed to 45, 12 or 13 or so. And then, you know, pretty much rolled over and died. So in the case of yesterday, it was an interesting market because there was a lot of positions at the SPX in 4,500. But there was even more positioned in the 450 spider calls. Which actually nowadays gets a lot of options flow. There's very little liquidity underneath is just a function of the way that the market is currently positioned.
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