OPEX Eve: WMT Doubled the Expected Move While Index Gamma Still Pins 15 VIX
Monthly options expiration is tomorrow, and the books are split. Walmart just printed an 8.8% gap against a 4.5% expected move, IBIT and Coinbase calls are ripping on a $2.7 billion crypto squeeze, and the VIX is still a 15-handle. Index gamma is pinning; the names are not.