The only big company that can still maintain an IV Percentile above 70% by the Fourth Witching Day is probably $NVIDIA Corp(NVDA)$ as Friday's exchanges were really intense.There are those who want to close, those who want to rollover, those who want to sell "insurance" and those who want to go up to 150 in the short term ......After this drop on Thursday, the PUTs above 130 are in jeopardy of becoming in-the-money, meaning that the sellers (PUTs) will be the ones to take over the long side above 130."Taking Nvidia is fine, but doesn't really want to be above 130" is probably what most investors are thinking right now, so the pressure to close their positions, or the focus on Friday's session will be extremely high.Another big thing on Friday was
Quad Witching Coming! Pick 0DTE Options?
The first Quadruple witching day of 2024 is on its way - this Friday! On this day, 4 kinds of derivatives will expire. Heavy trading volume makes the market highly volatile compared to normal days. Zero-day expiration (0DTE) options, also known as same-day expiration options, are options contracts that expire on the same day they are traded. This concept has been expanded: options expiring that week can also be counted as 0DTE. ---------------- Would you choose 0DTE options as Quad witching day is around the corner?
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