Ivolution Research Journal · Preregistration

Overnight charm deficit drift

Overnight (close-to-open) SPX returns are more positive on the highest-charm nights (large near-money OTM put OI, low vol) than on baseline nights.

VC-04 · v1·Proposed·Narrative — weak evidence·Vanna & charm

Cite as: VC-04: Overnight charm deficit drift. Ivolution Research Journal.

Publication status

The study is pre-registered and awaits execution. No result exists yet.

The abstract and product-safe scope metadata are public. Methodology, falsification, limitations, citations, and governed results for VC-04 are available to Terminal + AI members.

Symbols

SPX

Regimes

Aggregate · Positive gamma · pin · Positive gamma · drift · Negative gamma · trend · Negative gamma · chop · Event day

Horizons

1 session

VC-04: Overnight charm deficit drift — Ivolution Research Journal