Trade Recap:
SPX 9/16 4000P
@35
.80 to 124.60
/ES futures short from 4040 down to 3906
SPY 9/2 395
@2
.50 or 2.00 depending who's entry you picked up. Few stopped out at 2.50 from 2.00 entry, and 2.5 went to 5.3
Trade Recap:
SPX 9/16 4000P
@35
.80 to 124.60
/ES futures short from 4040 down to 3906
SPY 9/2 395
@2
.50 or 2.00 depending who's entry you picked up. Few stopped out at 2.50 from 2.00 entry, and 2.5 went to 5.3
ES Analysis: Today we saw case
#3
play out we got our initial target of 3900 (off by 4pts) and then a short cover rally into market close and a daily hammer candle close as well.
ES Analysis: today we got our target of 3950 into the AH session meaning market dealers should cover their shorts either tomorrow or Friday
Case 1: we pump to 4050 and sell off to 3900 due to short coverings
Case 2: we sell off to 3900 overnight if so same pump to 4050 afterword's
Case 3: we sell off into the morning to 3900 and shorts cover there causing a pump into Friday index exps.
Either case I'm confident we get our final target of 3900 EOW
I have a feeling this pump will continue into tomorrow so im setting a target for 4040-4050 before taking a short position again.
If we see an invalidation and selloff into the morning target is switched to 3900 then 3880.
Hello everyone! We are proud to launch or website!! You will be able to find our Gamma Exposure data via there. With the launch of the website officially, we have also introduced/added Vanna Exposure to our data set!
Link:
$SPX $SPY $QQQ
A couple of critical things I wanted to go over with the
@traderlinkapex
gang is the type of leverage you can have on the market utilizing some of the exposures we offer.
Simple thread on how we caught the top :
We took note that deltas were over exposed at the 4475 SPX level, needing to reduce the amount of exposure by the end of the day.
Our data showed us market was OVER exposed @ 4475 because # was >100.
📊 TDEX & S&P 500:
TDEX, at 8.97, is a index showing market's expectation of major shifts. It gauges the cost to protect against significant drops, ‘tail events.’ TDEX with a reading of 8.97 would indicate that an option would cost 0.0897% of SPY.
The TDEX provides real-time
This is view of GEX near the rejection point. 4400 Exposure maintaining its presence from the morning with a lack of exposure past the 4450 Strike
@THERIPPYGOD
Caught the top at 5255 SPX on stream as well as called target at 5240 via the
@traderlinkapex
dashboard. If you don't know how to use it recommend re watching latest stream!
Todays Dealer OI:
>4380, squeeze 4400.
Before that, expect lot of resistance and back and forth.
Losing 4340 can add to squeeze down as farther PUTS become OTM(delta changes) + more ITM= larger delta= more selling for 4360/4375 puts
Be the house. Follow for more.
Quick thread on the dynamics of market hedging! 🧵
Market makers use a variety of hedging techniques to manage their risk exposure and maintain a delta-neutral position. Two important factors that affect hedging requirements are gamma and vanna exposure.
Want to know a cool trick:
Sold Puts and Bought Calls by DEALERS= Bullish.
Ultimate squeeze up >4400 SPX.
As of right now, 4350 and 4370 is ping pong due to heavy Put action.
Be the market.
Neg GEX, Pos VEX (both relatively low $ amts). Multiple AOIs at the open (needs some time to clear up). Lowest Vol is 4180 (as of now)
If we increase - gain IV - dealers need to sell stock
If we decrease - lose IV = dealers need to sell stock up until about 4120.
However since
Starting tomorrow, we will be posting some photos of our 0dte Gamma/Vanna Exposure Data here for people to get a glimpse of Market Dealer Postioning. Alongside the photo we'll also be including short analysis with it! Turn those notifications on🍾
High of day on SPX was $4100 at 7AM PST
Low of day on SPX was $4050 at 7:33AM PST
Blue chart shows gamma wall at 4100 with no bigger targets above that, thus leading to a high short probability down to 4075.
Green/Red chart shortly after a pickup at 4050 with no strikes below.
Both Founders, Gio & Sheen, will be hosting a live trading in spaces on Friday 3/10 at 6:30 AM PST with
@iTradeContracts
&
@astocks92
Get ready for some fun🥂
We were tracking Gamma and Vanna ALL morning, the opportunity presented itself for a good meme entry of 6.9 and took the cons to 20.00. Was the first trade of the day along with only 1.5 hrs left of market so we kept it light. 5 minute trade for 189%
@iTradeContracts
confirm🥂👨🍳
Updates every minute!
Other platforms every few min.. or 1X a hour.
+ gamma. + vanna.
Support pre FOMC: 4355. Resistance ~current price. Breaks higher, target 4400.
+ Gamma/+ vanna= Sell at 4380, break 4385 and buy to 4400.
@iamJMinx
@MayaTrades
Actually we calculate our data completely differently than this bot because it takes in a raw calculation of gamma exposure rather than taking into account the delta notional value. Most platforms use the naive calculation that the GEX bot here utilizes which is why our data is
Over our live spaces today with
@iTradeContracts
and
@astocks92
I talked about how dealers would be forced to buy shares and rehedge their position as the 4000 short calls went ITM. Due to the analysis we caught 2/2 longs during the first hour of the market and are still long👨🍳
Trying to copy your mentor in trading is near impossible, every individual is different in how they handle their emotions. You can use their strategy and mold it to yourself, don't mold yourself to the strategy. I hope that makes sense.
Gamma at open today showed an obvious outlier at 3950 (time stamps at the bottom of the photos). We shorted the open with 3980p @ 5.2 with trims at around 150% @ 12.90 and runners hit 20.90 for 301% when we reached safe PT of +- 5-10 points of 3960.