Confirm and Send
Update: 2025-09-18
Description
S&P futures surged 45 handles, extending gains that began after yesterday's FOMC meeting. Nasdaq jumped 260+ points while Russell led indices with a 24-point gain. VIX showed minimal movement despite the rally, confirming market strength signaled yesterday when volatility declined even during market pullbacks.
Tech stocks drove the advance with semiconductors showing exceptional strength. Intel jumped $7, NVIDIA gained $5, and AMAT rose $10, pushing the semiconductor index (SSMH) up $9.
During the Confirm and Send segment, Tony and Nick addressed position management thresholds (60-70 deltas), premium selling in low IVR environments, triple witching implications, and retail order priority over institutional orders at the same price point.
Tech stocks drove the advance with semiconductors showing exceptional strength. Intel jumped $7, NVIDIA gained $5, and AMAT rose $10, pushing the semiconductor index (SSMH) up $9.
During the Confirm and Send segment, Tony and Nick addressed position management thresholds (60-70 deltas), premium selling in low IVR environments, triple witching implications, and retail order priority over institutional orders at the same price point.
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