Large Bullish Gold Block Trade Enters
Based on GEX analysis, SPY is likely to close at 750 this week — rate hike or not, that's the price. Barring any surprises, low-level consolidation should begin next week.
Also interesting: GLD saw a buy-side opening of 15,000 contracts on the 430 Call $GLD 20261120 430.0 CALL$ — suggesting gold has a high probability of bottoming out after Friday's meeting.
$United States Oil Fund LP(USO)$
Everyone thinks Trump is about to make a deal, but before any deal, there will surely be one more round of death threats. Generally, Trump chooses to announce during trading hours on a weekday — he won't pick a weekend when no one can trade.
Overall, the probability of a deal happening in September isn't very high. It will likely have to wait until October, before Anthropic's IPO.
The put opening data is very poor, but compared to the much larger open interest data, it's not very meaningful. The stock will most likely still close at 210. You can try a dual-sell strategy $NVDA 20260918 210.0 CALL$ $NVDA 20260918 210.0 PUT$
A large Sell Call block sold the November-expiry 130 Call $INTC 20261120 130.0 CALL$ , opening 27,000 contracts. Whether it will stay below 130 by November is hard to say, but in September, breaking above 130 is very unlikely. So selling the 130 Call and closing it after September ends can still capture premium.
MUSE ranks #2 on the U.S. App Store download chart, with ChatGPT at #1. Dominating the download charts is a great universal indicator — if any publicly traded company suddenly releases a new AI app that ranks at the top of downloads = buy the stock. It's essentially a phenomenon-level product appearing out of nowhere, making it the best long opportunity.
Honestly, using a Sell Put strategy for this kind of opportunity is like using a sledgehammer to crack a nut — a waste of a great setup. But considering that leverage also depends on the macro environment, Sell Put is still the highest win-rate long strategy $META 20260925 620.0 PUT$.
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