06.16.22 | A Breakdown of $SPX Options Positioning By Month and Last Quarter

[5:30AM] Here’s a breakdown for Premium by Month:

July $178,746,969
August $128,742,570
September $650,878,250
October $30,988,886
November $20,926,080
December $179,870,581

In the pie charts, this pattern of bullish positioning in July with bearish positions dominating from August – End-of-Year has been present for most of this month.   While this is pretty consistent at this point … I see no logical reason for bullish positioning in July.

Note:   I’ve sized the pie charts to more readily discern relative amounts of premium allocated by month.