🐳 YEET: The Weekend Worrier
SPY Magic, Whale Bounces, Levels, Two Picks and the Orange Swan Signal
🗞️ YEET: The Weekend Worrier
SPY Magic, Whale Bounces, Levels, Two Picks and the Orange Swan Signal
🐳 SPY MAGIC AND WHALE BOUNCES
We got the move — clean, mechanical, and straight out of the flow.
SPY dropped into the 581p ladder before bouncing hard; that low was telegraphed as soon as the 580p repeated-hit sequence showed up on flow feeds.
When you see a turnaround in flow like this on SPY you can surmise a bounce is likely to come sooner rather than later
If you like the bounce setup… keep eyes on NTRA (Flow Read below).
⚡ FREELANCE ULTRA – NTRA 230C 11/21/25
Volume: 411 OI: 279 Premium: $147K
Vol/OI Ratio: 1.47× Avg: $3.59
NTRA call buyers showed up mid-morning, stacking small blocks against thin open interest — quiet confidence flow. The strike sits roughly 16% OTM, implying a small group taking a pre-earnings flyer. Volume held near the ask, showing intent rather than noise.
🦢 ORANGE SWAN CALLS THE DROP TODAY
The Orange Swan reads imbalance in dollar-weighted call vs put flow across a homemade selection of indices, ETFs, and individual equities.
It accounts for:
Total premium on both sides (calls vs puts)
Relative skew (OTM aggression vs protective hedges)
Session momentum (flow velocity and timing)
Heading into the dip, the Swan score was already flashing red — low conviction, heavy protection, and zero follow-through from call buyers.
Given the early SPY put sequences and descending fills, it was clear risk was off before the drop.
YEET Plus nailed the rotation, catching the bounce off SPY 1DTE 683P right as flow began unwinding. For a current Orange Swan reading before close, sign up for YEET Plus.
🧭 SPY LEVELS
Above Price 📈
🔵 685.36 🔵 685.51 🟡 686.03 🟡 687.24 🔵 687.39 🔵 688.19 🔴 689.70
Below Price 📉
🟡 683.26 🔵 682.11 🔵 678.70 ⚪ 678.51
💬 At 681.5, SPY’s sitting right between two decision zones.
Hold here through the close and bulls can reset for a push back into the 685 gap cluster.
Lose 682, and we likely revisit the mid-678 band before Monday opens.