The Market is Weird. Get Used to It.

The Market is Weird. Get Used to It.

The market is in a weird place.

Implied volatility (IV) is low for $SPY with weekly vol ~14.

Commodities like oil, corn, soybeans, and wheat are all getting smashed.

NVDA is back under a trillion dollar market cap (sad trombone).

Breadth worse than 3am taco bell with the indices being held up entirely by megacap tech.

But that doesn’t necessarily mean it’s all doom and gloom from here with an apocalyptic Q4 collapse that bears have been screaming for since this time last year.

Check out this chart

After the outperformance of megacap stocks the S&P500 has returned

+6 months 6.7% for $SPY

+12 months 22.2% for $SPY

So maybe sell in May and go away isn’t the best strategy. We’d argue the last time megacap wasn’t driven by AI hype which is apparently extremely bearish for jobs that are repetitive in nature which are apparently held mostly by women.

Ahh so the bitchwork is handled by [ redacted ] which will be handled by AI soon.

We wonder what the real or fake AOC account will say about this next.

[ bloomberg ]

RIGD REPORTS on $SPY

Yesterday was an incredible trading session for RIGD AI. $SPY gapped up at the open, gave it all back and then did the ole 0dte rally to close flat on the day.

RIGD AI flagged one killer trade that went +200% in approximately 40 minutes.

Here’s what happened:

At 13:30 the price of $SPY was 419.40

Again at surface level you the retail trader has no idea what’s actually happening under the hood. Draw some lines and it looks like $SPY is going down to goblin town from there.

But that’s why you use (or will use) RIGD AI.

RIGD flagged a few massive put sells for over a million in premium at the 420 strike below the bid (bearish). These were 0dte meaning at 13:30 they had an hour an a half until expiry.

Why does someone sell a million dollars worth of puts that are in the money with an hour an a half to go?

We’re betting that they’re not yolo’ing on a robinhood account and followed the trading picking up some 420 calls for 0.33.

At 14:09 $SPY rallied 0.53% for 2.24 pushing the 420 calls into the money and a very cool 205.9% return.

Total trade time was 1hr 12m.

It was an epic trade but could have been even better if we took the action here.

From 13:54 to 14:06 RIGD flagged a few smaller sized sweeps of puts bought (less than 100k each).

Buying puts at the low of the day and especially at the end of the day is a fools errand, so we tag this as retail trying to catch the move.

Seeing big money position for a move up at 13:30, then retail trying to follow a move down at at 13:54 is really the perfect signal that this thing is going to rip.

We were already in the trade which was down at the time, but seeing the signals match up should have pushed us to increase the position.

The 420c went from 0.24 to 1.11 a 362.50% return from 14:07 to 14:44 in 37 minutes.

Summary:

Option flows move the market and are impossible to see for retail traders (it’s rigged)

The big whale smart money wins most of the time (that’s why they’re big whale smart money)

RIGD tracks the flows then uses AI + machine learning to send signals to trade (so you the fish can swim with the whales)

Sales pitch:

We’ve switched to a new data feed which significantly reduced our costs!

One year of RIGD AI (including beta access) is now offered for $120 (50% off).

Pays for itself in one day with one trade.

thanks for reading THE REPORT by RIGD AI

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