Market Analysis

Data-driven breakdowns of equities, macro, and market structure

Options Flow

What Is Max Pain in Options, and Does It Actually Work?

Jul 5, 2026

•

3 min read

What Is Max Pain in Options, and Does It Actually Work?

25 years of data on the theory that price gravitates toward where options expire worthless. It works less often than the enthusiasm around it suggests, and here is exactly when it does.

Macro

Week in Markets: SpaceX Goes Public, Inflation Hits 4.2%, and All Eyes Turn to Warsh

Jun 13, 2026

•

4 min read

Week in Markets: SpaceX Goes Public, Inflation Hits 4.2%, and All Eyes Turn to Warsh

SpaceX surged 19% on its historic debut, CPI hit a 3-year high of 4.2%, and Warsh's first dot plot lands Wednesday. Here is everything that moved markets this week.

Macro

Week in Markets: The Streak Snaps, Chips Crack, and Rate Hike Odds Just Doubled

Jun 6, 2026

•

4 min read

Week in Markets: The Streak Snaps, Chips Crack, and Rate Hike Odds Just Doubled

The S&P 500's nine-week winning streak ended on chips, an $80B Alphabet raise, and a blowout jobs report that pushed rate hike odds from 31% to 66%.

OpticAlpha 870

Market Analysis

The Crypto Fear Gauge Just Hit 11. Here Is What That Actually Mean

Jun 4, 2026

•

3 min read

The Crypto Fear Gauge Just Hit 11. Here Is What That Actually Mean

Bitcoin touched the 200-week moving average today. ETF outflows dominate headlines. The on-chain data tells a different story.

OpticAlpha 870

Market Structure

Is the AI Stock Rally Running Out of Road? What Barclays Is Warning About

Jun 2, 2026

•

4 min read

Is the AI Stock Rally Running Out of Road? What Barclays Is Warning About

Barclays says the AI-driven stock rally is increasingly vulnerable to a pullback. Here is what the data shows about crowded positioning, rate risk, and how to hedge.

OpticAlpha 870

Market Analysis

What Is Max Pain in Options, and Does It Actually Work?

Week in Markets: SpaceX Goes Public, Inflation Hits 4.2%, and All Eyes Turn to Warsh

Week in Markets: The Streak Snaps, Chips Crack, and Rate Hike Odds Just Doubled

The Crypto Fear Gauge Just Hit 11. Here Is What That Actually Mean

Is the AI Stock Rally Running Out of Road? What Barclays Is Warning About

Subscribe to OpticAlpha