Everything The Positioning Shows About This Selloff

The market is red, rate hike odds have jumped, and Brent Kochuba is refusing to short it. His reason is what the options are not doing. Nobody is buying puts, volatility is barely responding, and dealer positioning still points to buyers underneath rather than sellers. He walks the gamma map day by day, shows how forward implied volatility reveals which events the market genuinely cares about and which it ignores, and explains why bonds have stopped working as the hedge. Protection has rarely been cheaper and almost nobody wants it. Education, not a recommendation. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 First show and a correlated market 0:39 Why he is not shorting yet 1:58 Reading the gamma map 2:59 Where the real support sits 4:04 What zero DTE sellers signal 5:06 Why the map matters ahead 6:32 A big position coming off 7:58 Reading the term structure 9:22 Which events the market cares about 10:43 Circling one date in September 11:22 Scanning skew across the board 12:46 Bonds stopped being the hedge 14:10 Nowhere left to hide 15:32 Being forced to pick something 16:16 Could tech become the haven 17:37 Top names are leaning bullish 19:42 A trade into tomorrow's print 21:04 Mining the call skew #tastylive #gamma #optionspositioning #volatility #0dte #spx #skew #optionstrading #marketstructure #trading tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.