Options expiration day, watch out!
7/20/23 - Prospero.Ai Premium Watchlist and Trading Tips
Could be a very volatile day today. So make sure to set stop losses if, especially if you enter risky trades. From Grit Capital:
According to Goldman Sachs, today will be the largest July options expiration on record.
An estimated $2.3 trillion of notional options exposure expires today.
That includes $500 billion of single stock options:
Covered in this letter:
Deeper dive (higher signal frequency) into QQQ and SPY Net Options Sentiment
Macro Update
Model Portfolio Update
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