Key takeways:
A bit later today with commentary, but there was some confusion about the CBOE data. It apeared that first read was misleading as gamma values for some options were not zeroed. I updated London GEX post, if you missed it.
So today is OPEX day and confusion is usually natural here. Add Microsoft data centers trouble all around the world and you have quite explosive mix.
So now the question remains, were these two last down sessions due to OPEX and that’s it?