Options and futures data reveal heavy call buying in

Options and futures data reveal heavy call buying in large-cap tech as corporate buybacks accelerate. SPY options open interest increased 12%, while E-mini S&P 500 futures rolled into more June contracts, suggesting confidence in a Q2 rally. EPR Properties (NYSE: EPR) isn't exactly a household name, but it owns real estate occupied by many businesses you're likely familiar with. The company is a real estate investment trust, or REIT, that invests in experiential properties. It owns movie theaters, ski resorts, eat-and-play businesses, waterparks, and many other types of property. Micro futures are smaller-sized contracts that require less capital to trade. They’re ideal for beginners or traders who want more precise position sizing with lower risk exposure. Volatility futures curve flattened, indicating reduced long-term uncertainty. This has influenced options and futures traders to favor near-term index straddles over longer-dated positions. SPX weeklies show heightened gamma exposure.