Will Today's "Massive" $3.4 Trillion Op-Ex Also Spark A Huge Short Squeeze

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by Tyler Durden
Friday, Jun 17, 2022 - 02:29 PM

Two weeks ago, when we previewed today's "literally massive, repeat massive" $3.4 trillion opex...

... the S&P was trading around 4100 which meant that today's quad-witching expiration schedule could - and likely would - lead to market havoc as max-gamma clashed with forces that wanted risk either higher or lower.