People really gotta stop expecting news to justify movement. It just doesnt work that way anymore.
Like for Spy the probability delears won't have buyers for sold calls (goes OTM jo excise) means they are sitting on shares they dont want, and gotta dump em.
Can literally just be that now. All the greeks pointed to lower probability of excise, bye bye shares.
Calls at 0928 et were 1.01, and by around 2pm were around 6. A 600% gain. And you took puts. Imagine having 24,000 instead of 6. But Jo, you HAVE to counter the trend, because ma lines and voodoo magic.