0:00
/
Transcript

The Edge Podcast: 24-Hour Markets Are Coming, the PDT Rule Dies June 4th, and Why JP Morgan Is Loading the Cannon

24/5 trading is coming, the PDT rule dies June 4th, and JP Morgan is loading the cannon. Bubba and I break down the biggest shifts of 2026.

Bubba and I caught up over lunch before he hit the poker tables — and we packed a lot into 32 minutes. Here’s why you should hit play:

The biggest structural change in trading since electronic markets. 24/5 stock trading is coming within four months. 24/7 by end of year. Bubba breaks down what cash settlement will look like, why every broker is being forced into it, and why the options market will likely split into three daily expirations.

The PDT rule officially dies June 4th. If you’ve been gated out of active options or stock trading by the $25K minimum, this changes everything for you. We talk about what it means.

The retail trap thesis. Volume came in at negative 30% today, and the tape still ripped 75 points. Bubba’s read: JP Morgan and the big funds are sitting on their hands waiting for negative gamma + rising vol to swing the bat. We walk through exactly what to watch.

Live trades on the table. My Lululemon starter at the 121.61 high-time-frame level. The Bitcoin/iBit call spreads I sold at 82,500 that are already 75% in the money. Bubba’s crude short from 115. The gold call wheel update.

Plus: prediction markets going mainstream, why options lead futures, and the leveraged ETF trap (FAZ adjusted back to 2008 = $6.2M per share).

This Substack is reader-supported. To receive new posts and support my work, consider becoming a free or paid subscriber.


Sign-Up for the Free SPX Edge AM Brief. Free For a Limited Time Only - (Check Spam Box in AM)
https://pages.vicitradingsolutions.com/spx-edge

Sign-Up for How to Trade the Trade Plan Webinar = May 28th @6pm EST
https://pages.vicitradingsolutions.com/tradetheplan

Master the Prop Game Webinar May 15th Friday @ 1 pm
https://streamyard.com/watch/ECiZGzmpJpXm

Until next time—trade smart, stay prepared, and together we will conquer these markets!

Get more from Ryan Bailey's S&P Edge in the Substack app
Available for iOS and Android

Discussion about this video

User's avatar

Ready for more?