Don Kaufman here
VVIX spiked to 5.7% while Russell shot up 2% in the same session.
That doesn't happen. Ever.
I caught it live and my reaction was pure confusion: "What the hell is driving this thing?"
Then I started connecting dots that Wall Street missed entirely.
The gamma squeeze nobody saw coming.
While everyone was fixated on Apple's 5-standard-deviation move (driven by 1.4 million contracts forcing market makers to buy 56 million shares), something bigger was brewing underneath.
"We're in feedback loop city right now," I explained, watching the mechanics unfold in real-time.
Market makers were getting squeezed on multiple fronts.
Apple wasn't the only name driving massive hedging flows.
The Russell's 2% surge wasn't random rotation - it was systematic buying pressure from options positioning most traders never see.
I've been tracking these gamma setups for years, but yesterday's combination caught even me off guard.
When VVIX and Russell move like this together, you don't question it - you ride the lightning.
I've got specific levels locked for Micron and Google that could trigger similar squeezes.
Plus the exact mechanics behind why these feedback loops create the most explosive moves in the market.
The kind of setup where win rates don't matter because the wins are so massive they cover months of small losses.
I break down the complete gamma squeeze playbook in this video - the specific triggers, positioning strategy, and why this is just the beginning.