A small winner on the ES and that was it for options unraveling. We gapped up, made some money heading back into the gap, but we didn’t fill it, and then the market curled up after the first 60 minutes and options unraveled to the upside. This now leaves us with not much to do until Friday, which was what we were expecting for August expiration. NASDAQ volume was 1.45 billion shares.

Net ticks: +2 ticks.

As usual, let’s start by taking a look at the ES and NQ with our market directional lines, VWAP, and Comber on the 5-minute chart from today’s session:


Triggered short at A at 1936.25, hit first target for 6 ticks, and stopped second half over the entry: