US equities, US dollar and gold all rally midweek - a rare combination confusing traders. Japanese yen weakens dramatically after elections with USD/JPY near 153. Watch for FOMC minutes today and Powell's speech tomorrow as markets show surprising calm ahead of potential volatility.

US equities, US dollar and gold all rally midweek - a rare combination confusing traders. Japanese yen weakens dramatically after elections with USD/JPY near 153. Watch for FOMC minutes today and Powell's speech tomorrow as markets show surprising calm ahead of potential volatility.

The duo explored Jacob's study on "double dipping" in zero DTE SPX options. The research showed that placing a second $10 wide iron fly after closing the first at 10% profit yielded positive results, especially when executed before 11 a.m. Chicago time. The data revealed a 73% win rate across all second trades, with best performance on trades placed before 10 a.m.

Trading activity included placing a $10 wide iron fly in SPX, collecting 8.10 credits with minimal risk, and setting a 10% profit target. They also closed positions in FIG (up 12.8%) and Amazon, while entering a Big Lizard position in Oklo based on Fazia's strategy.

The hosts discussed market implications of government shutdowns using CherryPix newsletter data, noting historical market performance following previous shutdowns showed a slight upward bias despite some significant moves in both directions.

The duo explored Jacob's study on "double dipping" in zero DTE SPX options. The research showed that placing a second $10 wide iron fly after closing the first at 10% profit yielded positive results, especially when executed before 11 a.m. Chicago time. The data revealed a 73% win rate across all second trades, with best performance on trades placed before 10 a.m.

Trading activity included placing a $10 wide iron fly in SPX, collecting 8.10 credits with minimal risk, and setting a 10% profit target. They also closed positions in FIG (up 12.8%) and Amazon, while entering a Big Lizard position in Oklo based on Fazia's strategy.

The hosts discussed market implications of government shutdowns using CherryPix newsletter data, noting historical market performance following previous shutdowns showed a slight upward bias despite some significant moves in both directions.