Fun fact... what was my #ES low projection? 5,757 🎯 #SPX $SPY (this one was for swing trading, Trading / Stock Signals) https://t.co/9o9JL73sqb
Hey, I hope the high-IQ equities pin the $SPX 5750 so we can all yell and scream about "stuff" (and I can buy those sweet overpriced October puts....) https://t.co/9GbRzwU5S4
S&P $SPX seeing the JPM quarterly collar roll from Sept to Dec with 39,600 December 31st (Q) $6020 calls sell to open at $55.35 to buy 39k of the $5425/$4580 put spreads for $59.08, likely will adjust at the close as they often do based on where SPX closes. But gives a a 6000…


JPMorgan Chase & Co. executed a significant collar trade involving the S&P 500 Index (SPX) on September 30, 2024. The trade involved rolling over positions from September to December, including selling 39,600 December 31st, 2024, $6020 calls at $55.35 and buying 39,000 $5425/$4580 put spreads for $59.08. This move is expected to influence the SPX, which was recently targeted at 5750. The collar trade is a strategic play to hedge against potential market volatility. Additionally, the JPM collar rolls are expected to lead the SPX to break away from 5750.