Hello everyone 👋 What a slide today. I hope everyone was able to catch that move! For everyone who was in the QuantData stream, I hope you all saw the DEX and GEX flip MVCs, plunging the market passed 5835. The fact that we went even further than that was surprising, as normally the market doesn't go towards areas with no exposures. Nonetheless, this temporary retracement seems to be a great buying opportunity. Semiconductors, specifically $NVDA didn't do so hot. Despite this, here's what we saw come through the tape: a call floor order of over 200m, exposure for Nov 8 150c grow, and, long deltas forming beneath current price. I know those of you in the QD stream took the moonshot scenario trade the last time and possibly this time as well with our team. But let's go through it again here in AH. For those of you who went through the mentorship or the free classes, you will see that this is buy side number one of five trade setups. Pictures attached show what has been growing despite todays drop. What we see is an increasing staircase style of exposure leading towards 150c on GEX exposure, and DEX shows support upwards of 140c. This is how I'm reading this: Understanding that GEX is a primary magnet for price, and seeing dealers long on GEX for such a short dated time frame, seeing DEX support the move and VEX show us there is potentially a volatile move upwards(MOONSHOT), this leads me to believe that dealers need to get above $140 to meet it's exposure obligations. Base case is $140, moonshot case is $150+, and worst case is $120. The options Greeks tell us the interest and most likely scenario for price is upside. 🧲 If dealers needed to shift this exposures, we can see that it is a lot of premium that they would need to sell and get short. This would entail a significant large amount of effort. The fact that calls were bought at these levels is also a good sign that this may possibly be a BUY THE DIP scenario. I won't be streaming starting tomorrow. I will be back next Wednesday! For those of you meeting us up on Sunday at the Oculus, I can't wait! If you need the details, please message me on Twitter or Discord. Same name! Aaplbottomjeans Good luck to everyone still trading this week! 🌊