Post OPEX - Mid Quarterly Flips 18th-21st

Inclined Volatility

Good afternoon!

What a beautiful fall Sunday, as we are about to commence our mid-quarterly flips. The 14th and 15th definitely brought us both range and volatility as we had anticipated but to the downside, after failing to both retrace and sustain crucial areas for the market, specifically the zone (5988) and 5968-5971. This implied mass volatility as it opens up the window for much wider ranges. In addition, structure also had implied risk on multiple frames such as the 3D/4D and so on.