SPDR S&P 500 ETF Trust
Long
Updated

Convexity Doesn’t Care: Pinned, Suppressed, Released.

94
This is antifragile flow in action.

Fri: DRB signal fires, but spot runs headfirst into a gamma wall. Dealers long gamma = suppression, absorption, fakeout.

Mon: OPEX clears. Pin decays. Market resets. Neutral, no follow-through yet.

Tue: Vomma/Vanna flows finally kick. No pin left to absorb → convex release to target.

The point? Breakouts aren’t wrong, they’re delayed.
Gamma pins are temporary. Vol releases are structural.
Learn to wait for expiry, not fight it.
Trade active

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.