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June 21, 2024

How $5.5 Trillion of Expiring Options Could Change Everything
By Don Kaufman

There’s a lot talk about tonight. There are around $5.5 trillion worth of derivatives expiring as I write this - massive positions are coming off the books. That’s bigger than Japan, bigger than France - bigger than all but two world economies. That’s big. 

The SPX hit its $65 expected move, no sweat, this week.

We’re seeing heavy capital rotations, too. Nvidia and Meta crapped out, Amazon, Google, and Microsoft are filling that hole. 

All of this is shaking things up. This is changing the story.

We’re going to talk about that story right now. We’ll cover triple witching, we’ll check out these rotations, and the opportunities unfolding in GLD and TLT.  

TheoTrade Daily Chatroom Schedule for Monday, June 24, 2024
9:20 AM to 10:30 AM: I’ll be getting us ready for the opening bell
10:30 AM to 11:30 AM: Professor Jeff Bierman shows you… The Way
11:30 AM to 12:30 PM: Blake Young targets more earnings trades
12:30 PM to 1:130 PM: Gianni Di Poce is watching currencies and a lot more
1:30 PM to 2:00 PM: Break
2:00 PM to 3:00 PM: Tony Rago finds targets in NQ charts
3:00 PM to 4:00 PM: Brandon Chapman hunts big money flow

We Closed Out a Big Winner Today
…and I really hope you got the chance to play along in my IN/OUT service. The stock was Starbucks (SBUX) and the trade was a bearish put spread. We closed it out for a 55% gain. 

Brandon and Gianni Gave Out More Picks
These guys have money-making ideas for days - NBIX, CHWY, and more. Brandon just recommended spreads on CZR and DELL, and Gianni just told his viewers to make a big short. Gianni runs a free weekly research service, Sector Leader Bullseye, where he’s getting people ready for a big change coming to the market. 

You can click here to subscribe and get these updates right in your inbox…

We’ll talk again soon,

Don Kaufman
Co-Founder, TheoTrade