WALL OF WORRY 🧱📈
This is exactly how markets can rally when everyone is leaning too bearish.
Heavy PUT positioning creates a wall of negative gamma.
And when price stabilizes instead of breaking down, that same PUT wall can become fuel for upside.
Why?
Because dealers who are short gamma may be forced to chase price higher as hedges unwind.
Now look at the setup:
✅
$VIX under 20
✅ Close in the 17.xx zone
✅ Iran / USA peace deal risk premium could come out
✅ Earnings expectations start ramping into mid / late July
✅ FOMC on 6/17, then the Fed goes quiet until 7/28
✅ Massive 6/18 OPEX Wall of Worry sitting directly in front of us
If the market climbs that 6/18 wall instead of rejecting from it, the post-FOMC post-OPEX window gets very interesting.
That gives equities a cleaner runway into July, which has historically been one of the stronger months of the year.
The trade is not “blind bullish.”
The trade is simple:
Calmer vol reduced macro risk earnings ramp = bullish fuel IF price confirms.
Price still has to do the work.
But if stabilizes,
$VIX keeps fading, and the 6/18 PUT wall gets climbed…
Then bears may have accidentally built the next launch pad. 🚀
Wall of Worry → Gamma Fuel → July Runway
$SPY $QQQ $VIX #OptionsTrading #StockMarket #Gamma #OPEX
RAW DATA FROM
@Barchart Database.
@Norseman1 @Banana3Stocks @StockPatternPro @chad_ventures @BeardoTrader