$SPDR S&P 500(SPY.US)

02/10/2026

Today's opening price is $694.950,

$SPY 260210 695 Put(SPY260210P695000.US) opened at $1.51,

$SPY 260210 694 Call(SPY260210C694000.US) opened at $1.99;

At market open, the Longbridge options calculator showed Put/Call IV of 12.20%/14.10% respectively,

at 13:03 it was 7.20%/7.20%;

The price range moved from 0.30% at 09:44 to 0.44% at 13:03;

$SPY 260210 695 Put(SPY260210P695000.US)

Following the big rebound over the past two consecutive days,

today we saw consolidation,

with a narrow range, making it very difficult to trade,

$Pro Ultr Cvix Shrt Futures(UVXY.US)

gapped up quickly at open, $SPDR S&P 500(SPY.US) looked bearish,

$GraniteShares 2x Long NVDA Daily ETF(NVDL.US)

09:56:44 $88.8350 => 10:03:50 $,87.8850,LONG,

Betting on a post-adjustment rebound, but the judgment was wrong,

12:19:47 $89.1875 => 12:20:41 $89.0700,LONG,

Betting on a rebound again, still failed to break through,

12:50:12 $89.1900 => 12:58:24 $89.1500,SHORT,

Betting on a decline, but momentum was insufficient,

Getting ready to rest, taking profits and exiting,

$Walmart(WMT.US)

$Alphabet(GOOGL.US) Gemini's advice is not reliable,

The key level references it provided,

strong resistance $132.80 to $133.00, strong support $130.800,

while the actual intraday high today was $129.340,

showing that the AI's suggestions are detached from actual data,

and cannot be used as a reference for decision-making.

In summary,

1️⃣ Consolidation day, narrow range fluctuations, usually heavily controlled by quant funds,

manifested as extremely precise boundaries, extremely low volume but very high frequency,

candles often have long upper or lower shadows,

this is algorithms trying to trigger retail investors' stop-loss orders,

once liquidity is taken, it immediately reverses direction,

in this kind of market, weekly options are prone to option harvesting (Gamma Pinning / Theta Decay),

individual stocks are also hard to trade, easy to lose money,

2️⃣ Before market open, understand what important events and speeches by key figures will occur during the day,

3️⃣ Open more positions, exit at market price if the situation looks wrong,

If opportunities are found during the afternoon session, prioritize weekly options,

The opportunity cost of missing out due to hesitation is far greater than the loss generated by a stop-loss.