Journal

Field notes

Notes on reading options flow, expiry pressure, and trade context — written for people who already sit with a blotter.

Short pieces from the desk. These are not trade ideas. They capture how we think about prints, open interest, and the session around them.

When a large call print is mostly a roll

Open interest often tells you more than the headline size of a print — especially in the two sessions before expiry.

Strike clusters with heavy put open interest matter for context — they are not automatic magnets for the cash price.

Eight tickers with a reason attached beat twenty names pasted from a scanner overnight.

When FTSE options are sleepy, US overnight skew still colours how single-name prints should be read at the London open.