{"podcast":{"title":"Market Misfits","slug":"market-misfits-7113680","podcast_index_feed_id":7113680,"rss_url":"https://feed.podbean.com/marketmisfits/feed.xml","website_url":"https://marketmisfits.podbean.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/19689960/market-misfits-cover-2000px.png","author":"Steamroom Trading","episode_count":25,"summary":"Market Misfits is where real traders talk real markets. No fluff, no hype, just raw insights from those who live and breathe trading. Hosted by Joe Pokrzywa from Steamroom Trading, this podcast cuts through the noise with in-depth conversations on what’s moving the market right now and exclusive interviews with traders who have made it to the top. From hard-hitting strategies to the craziest market stories, Joe and his guests—top traders, educators, and market pros—break down the wins, the losses, and the lessons you won’t hear anywhere else. If you trade stocks, options, or futures, Market Misfits delivers the unfiltered truth from inside the world of trading. Subscribe now!","last_synced_at":"2026-06-04T08:20:50.931609+00:00","page_url":"https://stenobird.com/podcast/market-misfits-7113680"},"episode":{"title":"Pinned Index, Extreme Skew, and March OpEx (EP. 23)","slug":"pinned-index-extreme-skew-and-march-opex-ep-23","published_at":"2026-03-12T12:12:53+00:00","page_url":"https://stenobird.com/podcast/market-misfits-7113680/pinned-index-extreme-skew-and-march-opex-ep-23","show_page_url":"https://stenobird.com/podcast/market-misfits-7113680","url":"https://marketmisfits.podbean.com/e/pinned-index-extreme-skew-and-march-opex-ep-22/","audio_url":"https://mcdn.podbean.com/mf/web/9hnx3bda64cj8hnz/audio-edited-23.mp3","summary":"Joe and Smiddy return after a brief break to break down the strange market environment traders have been navigating. While the major indices have gone nowhere for months, individual stocks have been moving aggressively beneath the surface, creating one of the highest dispersion environments since the financial crisis. They discuss how dealer gamma positioning, Vanna effects, and the upcoming March OPEX are helping keep the market pinned despite rising volatility and chaotic headlines. The conversation also dives into skew reaching extreme levels, why some strategists see a potential bullish risk reversal setting up, and how traders are navigating expensive hedges in a market filled with geopolitical uncertainty. Finally, they explore the macro forces in the background — from oil shocks tied to Iran tensions to the global safe haven scramble across Treasuries, gold, and even Bitcoin — and what it could mean for volatility and market structure in the weeks ahead. DISCLAIMER: Past performance is not indicative of future results. The material discussed has been provided for informational purposes only and is not intended as legal or investment advice or a recommendation of any particular security or strategy. The investment strategy and themes discussed herein may be unsuitable for investors depending on their specific investment objectives and financial situation. Information obtained from third-party sources is believed to be reliable though its accuracy is not guaranteed. Investing involves the risk of loss. This podcast is for informational purposes only and should not be or regarded as personalized investment advice or relied upon for investment decisions. All opinions expressed by anyone on the podcast are solely their own opinion.","meta_description":"Joe and Smiddy return after a brief break to break down the strange market environment traders have been navigating. While the major indices have gone now…","key_points":[],"chapters":[],"topics":[],"duration_seconds":2096,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/market-misfits-7113680/episodes/pinned-index-extreme-skew-and-march-opex-ep-23/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/market-misfits-7113680/pinned-index-extreme-skew-and-march-opex-ep-23.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}