$MDY Daily. Often overlooked mid-cap index ETF. Pinned just below 200-day moving average. Whichever way it breaks from here should be good broad market tell. Lagging here
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PredictionFLO1
SUNDAY INTO THE CLOSE 👀
$MDY has the standout print: $83K in the Nov 20 $635 puts. At capture, contract volume was 147.0x standing open interest.
Chart check: daily chart through Oct 16: last close $659.87, below its 20 and 50 day averages, with RSI at 42. The 3 month range is $653.00 to $717.35.
The tell comes after settlement. Today's volume can be opening, closing, or spread activity; the next settled open interest grades what remained.
FBP
$MDY becoming cheap, not quite there for mega discount on but on radar when yields top off