Market Sentiment

If you’ve ever seen SPX or SPY gravitate toward a seemingly arbitrary level on a Friday afternoon, you might’ve witnessed expiration pinning in action. Some traders treat it like gospel.

If you’ve ever bought a call or put option before earnings—and the stock moved your way but you still lost money—you’ve experienced IV Crush.It’s confusing. Frustrating. Even feels like a

Why SPY Max Pain Matters More Than You Think If you trade SPY options, understanding SPY max pain can give you a serious edge. This concept — the price level