Asteroid JHEQX.
This idea is an update on the JHEQX for any of you that track this market asteroid.
The JHEQX is approaching Zero Gamma.
At zero gamma the flows are fairly muted. The strike price is ~3795 for zero Gamma.
BEAR CASE
If the price declines below 3795, dealers will start selling with the market and create more volatility.
BULL CASE
The...