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Downside 1194 pips away is where today's $GBPUSD size printed, with both 100M plus trades struck at the 1.2000 put. Spot sits at 1.3194. The 173M runs to Dec 14 2026 and the 120M to Oct 11 2028, one strike across very different horizons. The December date settles first. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 2h

14 pips separate $EURUSD at 1.1186 from at least 1.75B of 1.1200 puts expiring Friday Oct 9 at the 10am New York cut. 30 day realized of 3.94% sets one standard deviation at 28 pips a day, more than the gap. Hedging can keep spot close until the cut, and expiry ends the pull.

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CrossVol @crossvol.bsky.social · 6h

S&P futures lead Russell at a 20 day z score of 1.87 and Dow at 1.54, with $ES_F off 0.32% since the last close. Options charge 12.61% for the first month and 14.49% forward from day 30 to day 99, so more risk sits later. Oct 28 carries 22% odds of a 25 basis point hike.

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CrossVol @crossvol.bsky.social · 17h

$JPM options took in $77.5M by the close, 3.3 times its recent average session of $23.4M, 93% of it in calls. 47% sat in the Nov 20 expiry. Call heavy flow leaning against the tape, shares are down 0.5%. Dealers are long gamma above the 328.2 flip, so hedging damps the move.

CrossVol aggressive options flow card, Oct 7 · close, JPM banks, AAPL megacap tech, AMD semis

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CrossVol @crossvol.bsky.social · 19h

$ZB_F options charge a 0.85 point day for the next 30 days against 0.56 points delivered. That is 13.17% implied on 8.73% realized. Today's 0.34 point drop came in at 0.41 times the priced day, under even the realized one. The Fed decides Oct 28, inside that window. #bonds #treasuries #futures

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CrossVol @crossvol.bsky.social · 22h

$XLF options carry 5.9 vol points of premium over realized, with IV at 17.3% against 11.4% over 20 days through the Tuesday Oct 6 close. At 17.3%, one standard deviation day is a 1.09% move, or $0.58 a share. #swingtrading #options #stocks

CrossVol swing card for $XLF, 30 day IV 17.3%, 20 day realized 11.4%, IV rank 42, one standard deviation day 1.09%. Setup family: the iron condor and iron butterfly family.

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CrossVol @crossvol.bsky.social · 07/10/2026

Three $GBPUSD options printed in the same second today, struck 29, 129 and 377 pips above the 1.3211 spot. The nearest is a 132M 1.3240 call. The others are 130M 1.3340 and 140M 1.3588 puts, both in the money. All three run to Nov 16 2026. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 07/10/2026

Spot at 1.1194 has 3 ceiling sized $EURUSD puts stacked 44, 69 and 94 pips beneath it. At least 325M each, and the further the strike from spot, the longer it runs. Of 35 prints of 100M or more since 00:00 UTC, 7 hit the ceiling. The 1.1150 expires Oct 8 2026. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 07/10/2026

Dow futures are down 125 points since the previous session's close, only 0.29 of the day options price. $YM_F implied at 13.31% tops 10.83% realized, 433 points a day priced on 353 delivered. Dealers stay long gamma, damping moves, until 51207, 484 points lower. #futures #stockmarket #volatility

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CrossVol @crossvol.bsky.social · 06/10/2026

Only 2.7 dollars separate $GC_F at 4183 from the 4185.7 gamma flip, 0.05 of the 52.5 dollar day priced by 30 day IV at 19.91%. Below it negative dealer gamma adds to moves, above it hedging leans against them. FOMC Meeting Minutes on Wednesday Oct 7 test which side holds.

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CrossVol @crossvol.bsky.social · 06/10/2026

$ZN_F options price a 0.42 point day over 30 days against the 0.31 point day the note has delivered. Even today's 0.28 point rally, 0.66 of the priced day, fell short of that realized day. Below the 104.70 gamma flip, dealer hedging tends to add to moves. #bonds #treasuries #futures

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CrossVol @crossvol.bsky.social · 06/10/2026

S&P 500 futures at 7881.00 have run 54.75 points, 0.85 of a 64.15 point priced day. The 7807.04 gamma flip sits 1.15 of that day below, and above it dealer hedging tends to absorb moves. $ES_F carries that cushion into the FOMC minutes on Wednesday Oct 7. #futures #stockmarket #volatility

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CrossVol @crossvol.bsky.social · 06/10/2026

Today's large $GBPUSD option prints are all puts, struck 64, 99 and 114 pips below the 1.3264 spot. Each is at least 132M notional. The 1.3165 expires first on Oct 8 2026, then the 1.3200 on Oct 9 2026 and the 1.3150 on Oct 20 2026. On a dip, 1.3200 comes first. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 06/10/2026

$EURUSD 1.1246 sits 9 pips under 1.1255 puts of at least 1.13B, expiring Wednesday Oct 7 at the 10am New York cut. A one standard deviation day has been 26 pips, so the strike is in easy reach. Hedging this close can hold price near it into the cut, and the pull ends at expiry.

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CrossVol @crossvol.bsky.social · 06/10/2026

$NQ_F at 31365.25 is up 47.5 points since the prior close, 88.68 above the 31276.57 gamma flip. That cushion is 0.23 of the 382.66 point day options price. Above the flip dealer hedging dampens moves, below it adds to them. FOMC minutes land Wednesday Oct 7. #futures #stockmarket #volatility

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CrossVol @crossvol.bsky.social · 05/10/2026

$XOM options took in $12M by the close, 1.9x its recent average session, close to even at 57% calls. Biggest line was the Nov 6 172.5 puts with $1.15M. Shares are down 0.12%. Dealer books are long gamma above the 157.8 flip, so hedging damps the move. $UNH in the thread.

CrossVol aggressive options flow card, Oct 5 · close, XOM energy, UNH healthcare

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CrossVol @crossvol.bsky.social · 05/10/2026

$WMT options price a 1.48% day. 30 day IV at 23.5% sits 2.4 vol points over 20 day realized of 21.1% to the Oct 2 close, so options price bigger moves than that window delivered. IV rank 0 out of 100. #swingtrading #options #stocks

CrossVol swing card for $WMT, 30 day IV 23.5%, 20 day realized 21.1%, IV rank 0, one standard deviation day 1.48%. Setup family: the long premium family, straddles and strangles.

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CrossVol @crossvol.bsky.social · 05/10/2026

$SPY 768.29 before the Oct 5 open, above its 766.6 gamma flip. The put wall at 675 and the call wall at 802 frame the range. Options price 1.35% either way through Oct 12. $QQQ 747.61, above its 742.6 flip. $VIX 16.29. #optionstrading #stocks #volatility

CrossVol premarket levels card for Oct 5 with SPY, QQQ and SPX spot, gamma flip, walls, VIX and vol regime.

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CrossVol @crossvol.bsky.social · 04/10/2026

The VIX closed at 15.31 and looked calm. It is not. Bond vol is at a cycle high, European vol is spiking, FX is moving. Only equity vol is asleep. Our weekend read on the divergence. newsletter.crossvolresearch.com/p/v…

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CrossVol @crossvol.bsky.social · 04/10/2026

Implied vol on $MU sat at 50.9% at the Friday close, a 3.21% daily move. IV rank 0, so that is the bottom of its one year range. Realized ran 50.8% over 20 sessions, so options price barely more than the stock moved. #swingtrading #options #stocks

CrossVol swing card for $MU, 30 day IV 50.9%, 20 day realized 50.8%, IV rank 0, one standard deviation day 3.21%. Setup family: the long premium family, straddles and strangles.

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CrossVol @crossvol.bsky.social · 03/10/2026

At the Friday close, $IWM options price a 1.17% day. 30 day IV at 18.5% sits 7.1 vol points over 20 day realized of 11.4%, so options price bigger moves than that window delivered. IV rank 12 out of 100. #swingtrading #options #stocks

CrossVol swing card for $IWM, 30 day IV 18.5%, 20 day realized 11.4%, IV rank 12, one standard deviation day 1.17%. Setup family: the iron condor and iron butterfly family.

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CrossVol @crossvol.bsky.social · 02/10/2026

$USDCAD sits at 1.4245 as leveraged funds log their biggest one week change in Canadian dollar positioning in 29 weeks. Their net short grew 22,783 futures contracts from 46,861 to 69,644. That is the same bet as long the pair, as of Tuesday Sep 29. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 02/10/2026

$HOOD options took in $70.1M by the close, 1.4x its recent average session, close to even at 51% calls. The largest print was the Oct 2 115 puts with $2.27M. Shares are up 1.3%. Dealers sit short gamma below the 113.6 flip, so hedging chases the move. $SHOP in the thread.

CrossVol aggressive options flow card, Oct 2 · close, HOOD crypto and fintech, SHOP growth names

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CrossVol @crossvol.bsky.social · 02/10/2026

Crude sits 0.13 of a priced day above the line where dealer hedging flips. $CL_F trades 91.09 against a 90.73 flip, and options price a 2.83 dollar day with IV at 49.29% over 39.67% realized. Above 90.73 hedging damps moves, below it hedging adds to them. #oil #commodities #futures

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CrossVol @crossvol.bsky.social · 02/10/2026

Forward vol for the day 30 to day 83 stretch on $ZN_F is 6.52%, still above 4.78% realized, so the premium outlasts month one. Term structure is inverted, 6.99% at 7 days down to 6.65% at 83 days, so nearer dates carry more risk. The Fed decides Oct 28. #bonds #treasuries #futures

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CrossVol @crossvol.bsky.social · 02/10/2026

A 39 point gap separates $YM_F at 51561 from the 51600 gamma flip, while the past 30 days delivered a 368 point typical day. Net dealer gamma is negative below that line, so hedging feeds moves, and above it hedging absorbs them. Next scheduled is the 1pm rig count.

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CrossVol @crossvol.bsky.social · 02/10/2026

Spot at 1.3211 has 61 pips of room above a stack of $GBPUSD puts. Of 8 prints clearing 100M notional, 4 were published at the size ceiling. Two of those sit at the 1.3150 strike, each at least 189M notional, expiring Oct 5 2026. The 1.3100 strike runs to Nov 9 2026. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 02/10/2026

Three of the biggest $EURUSD option prints today are puts struck 18, 78 and 138 pips under 1.1238 spot. The 1.1160 and 1.1100 strikes printed in the same second, at least 328M and 326M to Dec 8 2026. Nearest to spot is 1.1220, at least 329M expiring Nov 20 2026. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 02/10/2026

$SPY 767.67 into the Oct 2 open sits right on its 768.3 gamma flip, where dealer hedging changes sides. Walls sit at 730 on the downside and 785 on the upside. Options price 1.47% either way through Oct 9. $QQQ 747.91, above its 745.3 flip. $VIX 15.96. #optionstrading #stocks #volatility

CrossVol premarket levels card for Oct 2 with SPY, QQQ and SPX spot, gamma flip, walls, VIX and vol regime.

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CrossVol @crossvol.bsky.social · 02/10/2026

A 101.23 point drop would take $NQ_F to its 30809.77 gamma flip, below which dealer hedging stops damping moves and adds to them. That is 0.27 of the 379.52 point typical day options imply, under the 150.5 points moved since the previous close. Unemployment prints today.

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CrossVol @crossvol.bsky.social · 01/10/2026

$NFLX options took in $34.4M by the close, 2.1x its recent average of $16.5M a session, 75% of it in puts. 38% sat in the Oct 16 expiry. Put heavy flow in step with the stock, shares are down 2.3%. Dealers sit short gamma, so hedging can extend a move. $GLD and $NOW below.

CrossVol aggressive options flow card, Oct 1 · close, NFLX communication services, GLD index ETFs, NOW software

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CrossVol @crossvol.bsky.social · 01/10/2026

Gold has pulled far ahead of silver, a 20 day z score of 2.07 on their log price ratio. Options on $GC_F price a typical daily move of 57.1 dollars over 30 days. The 4214.9 gamma flip is 0.66 of that typical move above 4177.4, and below it dealer hedging feeds swings. #gold #commodities #futures

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CrossVol @crossvol.bsky.social · 01/10/2026

Moves in $ZB_F have run 0.59 points a day over 30 days, while options charge for 0.91 points a day ahead. The 50 day point is the curve's high at 14.16%, and vol priced for day 30 to day 84 is 13.21%. Largest put open interest sits at the 103 strike, right at today's 103.00.

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CrossVol @crossvol.bsky.social · 01/10/2026

$TLT options price a 1.10% day. 30 day IV at 17.4% sits 6.9 vol points over 20 day realized of 10.5% to the Sep 30 close, so options price bigger moves than that window delivered. IV rank 100 out of 100. #swingtrading #options #stocks

CrossVol swing card for $TLT, 30 day IV 17.4%, 20 day realized 10.5%, IV rank 100, one standard deviation day 1.10%. Setup family: the iron condor and iron butterfly family.

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CrossVol @crossvol.bsky.social · 01/10/2026

$NQ_F at 30680.25 holds 9.7 points over its 30670.55 gamma flip, just 0.03 of the 379.52 point day options price. Today's 18.5 point slip is wider than that cushion. Above the flip dealer hedging dampens moves, below it adds to them. Payrolls land Friday Oct 2. #futures #stockmarket #volatility

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CrossVol @crossvol.bsky.social · 01/10/2026

$LLY options took in $37.5M in the first 15 minutes, already 1.1x its recent average session of $35.3M, close to even at 43% calls. Biggest line was the Oct 23 910 calls with $2.44M. Shares are down 0.79%. Dealers are short gamma, so hedging can extend a move. $WMT below.

CrossVol aggressive options flow card, Oct 1 · open, LLY healthcare, WMT consumer names

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CrossVol @crossvol.bsky.social · 01/10/2026

Today's 3 $AUDUSD prints of 100M notional or more are all puts, struck 70 to 225 pips below 0.6945 spot. At 0.6875, at least 129M expires Oct 23 2026 and 103M expires Oct 14 2026. The 0.6720 strike holds at least 126M out to Feb 4 2027. Oct 14 2026 is the earliest expiry. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 01/10/2026

Of 58 $EURUSD option prints of 100M or more today, 10 hit the size ceiling. Three of them bracket spot. The 1.1320 puts, at least 330M each to Nov 3 2026, sit 26 pips above 1.1294 spot, in the money. The 1.1220 put, at least 327M to Nov 20 2026, sits 74 pips below. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 01/10/2026

$SPY 764.17 premarket sits under its 766.6 gamma flip, so dealer hedging adds to moves until it gets back above. The put wall at 745 and the call wall at 785 frame the range. Options price 1.49% either way through Oct 8. $QQQ 743.89, above its 742.3 flip. $VIX 16.61.

CrossVol premarket levels card for Oct 1 with SPY, QQQ and SPX spot, gamma flip, walls, VIX and vol regime.

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CrossVol @crossvol.bsky.social · 01/10/2026

$GBPUSD has realized 37 pip days over 30 days, 31% smaller than the 53 a day options price to Oct 9. That band runs 1.3101 to 1.3363, 131 pips either way of 1.3232. US payrolls Friday Oct 2 is the top tier release inside, with no central bank before the 10am New York cut. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 01/10/2026

A 5.75 point rise since the prior session's close leaves $ES_F at 7721.25, still 30.54 points under the 7751.79 gamma flip. That gap is 0.48 of a 63.4 point priced day, and with net dealer gamma negative here, hedging tends to add to moves. Payrolls print Friday Oct 2.

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CrossVol @crossvol.bsky.social · 30/09/2026

$V options took in $29M by the close, 3.8 times a normal recent session, 93% of it in calls. The top 15 call lines sat deep in the money, Oct 2 strikes 190 to 275 for $23.9M, which trade like stock. Dealer books are long gamma above the 358.1 flip, so hedging damps the move.

CrossVol aggressive options flow card, Sep 30 · close, V banks, MU semis, NVDA megacap tech

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CrossVol @crossvol.bsky.social · 30/09/2026

The crack spread, the margin for turning crude into fuel, sits at $66.42 a barrel, above 99.2% of the last 120 closes. $CL_F options charge for a $2.99 daily swing over 30 days at 52.45% IV, against $2.28 delivered at 39.90% realized. Friday Oct 2 payrolls come next. #oil #commodities #futures

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CrossVol @crossvol.bsky.social · 30/09/2026

$ZN_F options price a 0.45 point day for the next 30 days against 0.31 points delivered, 6.81% implied over 4.70% realized. Today's 0.22 point drop to 104.20 is 0.49 of the priced day. Payrolls Friday Oct 2 and the Fed Oct 28 sit inside that window. #bonds #treasuries #futures

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CrossVol @crossvol.bsky.social · 30/09/2026

$USDJPY has been having 115 pip days over the past 30 days, while options expiring Oct 9 price 90 pips a day. Realized runs 28% over that. Next Fed and BoJ decisions land Oct 28 and Oct 30, after expiry, so payrolls on Oct 2 is the window's top release. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 30/09/2026

$NKE options price an 8.33% move through the Oct 1 print, a $2.97 straddle to the Oct 2 expiry. The last 3 prints moved 3.8%, 12.9% and 10.6% the next day, an average of 9.1%, so the straddle sits below that average. #swingtrading #options #stocks

CrossVol swing card for $NKE, 30 day IV 49%, 20 day realized 22.4%, IV rank 68, one standard deviation day 3.09%. Setup family: the pre earnings straddle and calendar family.

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CrossVol @crossvol.bsky.social · 30/09/2026

Just 0.58 vol points separate what Nasdaq 100 options charge from what the index delivers, 19.06% implied against 18.48% realized over 30 days. That is a 370.05 point day priced against 358.79 delivered. $NQ_F sits at 30820.25 with Friday Oct 2 payrolls inside that window.

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CrossVol @crossvol.bsky.social · 30/09/2026

$COIN options took in $61.1M in the first 14 minutes, already 1.6x a recent average session, calls carried 88% of it. The top eight call lines sat deep in the money, Oct 2 strikes 45 to 80 for $42.9M, which trade like stock. Dealers sit long gamma, so hedging damps the move.

CrossVol aggressive options flow card, Sep 30 · open, COIN crypto and fintech, BA industrials, CRWD growth names

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CrossVol @crossvol.bsky.social · 30/09/2026

At least 188M of $GBPUSD 1.3075 puts printed, 216 pips under spot 1.3291. With them came 185M of 1.2850 puts and 131M of 1.3100 puts. The 9 day RR25 is 0.54 vols toward puts, so downside cover costs more, with UK growth at 1.4% over a 1.2% forecast. All 3 expire Nov 6 2026. #forex #fx #volatility

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CrossVol @crossvol.bsky.social · 30/09/2026

$EURUSD 1.1360 is 15 pips under at least 1.20B of 1.1375 puts expiring Thursday Oct 1 at the 10am New York cut. That gap sits well inside the 42 pips a day priced by 6.23% 9 day IV. Hedging that close can hold spot near the strike until the cut, then the pull is gone. #forex #fx #volatility

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