What I’m Watching for on SPY Today

4 Quad Witching Scenarios for Friday

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⚡ Quad Witching is Here ⚡

Join JW for this  one-day volatility STORM! He’s targeting 5 tickers for 500%–1,000% gains. LottoX Members only. Today at 10AM EST (LottoX room).  

Good morning traders,

Today is THE day, it’s quad witching which could bring massive moves in the markets and stocks. Today I am aiming for a 500 to 1,000% mover in my LottoX service and I hope you’ve all jumped in there by now because this could be AWESOME! My LIVE session starts at 10am. If you haven’t jumped in our quarterly LottoX service yet then click here RIGHT NOW.

Ok, here are 4 possible situations for today.

  1. Range-Bound Early, More Volatile in Afternoon / Close
    Because of quad witching, many traders will wait to make final adjustments until later in the day. So prices may drift or trade in a relatively quiet range in the morning, then see wider swings later.

  2. Support/Resistance near Key Strikes / Open Interest Levels
    There may be pinning or anchoring around strikes with lots of open interest. If SPY is near a popular strike (let’s say ~$660-$665 or near round numbers), that could act as resistance/support depending on how traders adjust.

  3. Reaction to Any New Data / Speeches
    If any economic releases, Fed comments or unexpected corporate news come out, SPY could move sharply. Given the elevated IV, traders will be sensitive to surprises.

  4. Possible Downside Skew / Pullback Bias
    Though there’s optimism from the rate cut, there's cautiousness in the commentary — some concern that the Fed is being cautious about inflation and doesn’t want to overshoot. Also, September tends historically to be weaker / more volatile.

Don’t forget, get into LottoX before 10am today to watch and see if I can hunt down a 500 to 1,000% runner TODAY!

Have you ever traded specifically on a Quadruple Witching day?

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Jeff Williams

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