Gamma Archive Examples
Dynamic Trend Gamma
Friday January 16th - $SPY
The SPY traded between the 2 Gamma Levels. (typical before an extended weekend action)
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday January 15th - $SPX
The initial Call build up enabled the $SPX to rally to the 6980 Gamma Level.
This was also at 100% of the ATR range as we discuss in the webinars.
This quickly led to a Switch to PUTS and on the second rally attempt, the PUTS saw a sudden PUTS build up.
With the PUTS build up, the $SPX sold off to the Gamma Level below at 6950 and then to the Gamma Switch Level.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday January 14th - $SPX
Had to use 10 strikes above/below. Reason, when using 15 strikes, thee was a very Large Gamma Level at 7000.
And the size of that was distorting the Gamma Levels where the market was trading.
With 7000 being so far away (over 100% ATR range), it can be eliminated by simply reducing the strikes to 10.
This enables more visual clarification to the Gamma Levels near the market.
Initial PUT build up enabled the $SPX to sell off to the lower Gamma Levels.
Once the Sentiment switched to CALLS, the $SPX rallied to the 6920 Gamma Level.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday January 12th - $SPX
Today, the $SPX simply followed the CLASSIC TEXT BOOK Pattern we talk about in our webinars.
The Gamma Squeeze provides support for the initial sell off.
Once the Sentiment switches to CALLS and continues to build up, ask yourself, where are they taking the market?
Since its a CALL build up, simple look above and identify the Large Gamma Level above at 6985.
That's where they are shooting for.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Friday January 9th - $SPY
Initially the SPY was all over the place, first from the Employment reports, then followed by the Supreme Court news.
Finally it settled down and the Options Sentiment had more Calls than Puts.
The SPY managed to slowly trade to the Largest Gamma Level at 695.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday January 7th - $SPX
Today, the $SPX simply followed the initial CALL build up.
Once the Sentiment switched to PUTS, the $SPX sold off as the Puts Sentiment built up.
No Gamma Levels were present to help.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Tuesday January 6th - $SPX
The initial run up hit the Gamma Level at 6930.
After a pull back, the Options Volume Sentiment switched back to CALLS with continued build up in CALLS.
This enabled the $SPX to rally and test the Largest Gamma Level at 6940 and more.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday January 5th - $SPY
The initial run up hit the Largest Gamma Level at 688 and the SPY tested one small gamma level above.
(we discuss this in our free webinars specially when the CALLS continue to build up).
At the highs, the Sentiment switched to OUTS and the SPY sold off.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Friday January 2nd - $SPY
The initial run up was quickly followed by large PUTS build up.
The SPY sold off, failed to hold the Gamma Switch Level and went lower to test the Largest Gamma Level at 680.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday December 31st - $SPX
Wish you a Happy New Year.
The initial build up in PUTS enabled the $SPX to test the 6875 Gamma Level.
The 2nd round of PUTS build enabled the $SPX to test the smaller Gamma Level at 6850.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Friday December 26th - $SPX
First, Merry Christmas and Happy Holidays.
The volume was very thin and the $SPX traded between two Gamma Levels.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday December 24th - $SPY
First, Merry Christmas and Happy Holidays.
The Sentiment was all CALLS right from the beginning.
This usually means there is a target above in play. Just look above for the Largest Gamma Level.
That is where it could be headed to.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Tuesday December 23rd - $SPX
After an initial up down movement, the CALL Sentiment just kept on building up.
This usually means there is a target in play. Just look above for the Largest Gamma Level.
That is where it could be headed to.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Friday December 19th - $SPY
The SPY traded higher to the Largest Gamma Level at 680.
The Sentiment was slightly biased to the call side.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday December 18th - $SPY
The SPY gapped higher based on Inflation news at the open accompanied by strong CALLS.
The rally quickly faded away once the Sentiment switched to PUTS.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday December 17th - $SPY
Right at the open, there was a massive influx of PUTS Sentiment.
The PUTS kept on building up most of the day.
Once the Gamma Switch Level could not hold, the SPY sold off further to test the 670 Gamma Level.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday December 15th - $SPX
Right at the open, there was a massive influx of PUTS Sentiment.
The $SPX sold off through the Gamma switch level to find support at the Largest Gamma Level at 6800.
Since then, the PUTS and CALLS were fairly even for the day.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Friday December 12th - $SPX
Initially the $SPX SPY sold off with a substantial build up in PUTS Sentiment.
The $SPX traded all the way down to the Largest Gamma Level at 6800 (using Real Time Gamma due to Range).
Once the Sentiment changed to CALLS, there was a small rally back to test the Gamma Switch Level.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday December 11th - $SPY
Initially the SPY sold off but found support at the Gamma Switch Level at 683.
Once the Sentiment changed to CALLS, there was a continuous build up in CALL Sentiment.
This enabled the SPY to rally to the Largest Gamma Level at 690.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday December 10th - $SPX
As we discussed in yesterday's webinar, the $SPX hung around till the Fed News broke.
Also as we discussed, follow the Options Sentiment, which started to increase sharply on the call SIDE after 2pm.
This indicates, the market wants to test a target above the Gamma Switch Level.
You simply look up higher to see if there is an identifiable Gamma Level that could be the target.
In this case,, that target was the Largest Gamma Level AT 6900.
In most cases, that is pretty much what 0DTE trading is all about.
New sentiment comes in, identify the target in the direction of the new Sentiment.
Take action.
AND ABOVE ALL, when the target is met, STAND ASIDE.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday December 8th - $SPX
The Sentiment was all PUTS right from the start. And the $SPX simply followed the PUTS.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Friday December 5th - $SPX
Initially at the open, there was a substantial rise in CALL Sentiment.
This enabled the $SPX to shoot to the largest Gamma Level at 6900.
After the test of the Gamma Level, there was no identifiable analysis.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday December 4th - $SPX
The $SPX oscillated between the Largest Gamma Level at 6865 and the Gamma Switch Level at 6830.
Small range. The Puts and CALLS Sentiment pretty much even out for the day, a typical setup for a sideways market.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday December 3rd - $SPY
The SPY stayed above the Gamma Switch Level.
With ample CALL Sentiment, the SPY rallied to test the Largest Gamma Level at 685.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday December 1st - $SPX
The $SPX had a slow rally with some increase in CALLS.
Best it could do was test the small Gamma Level at 6840.
At the highs, the PUTS took over and the $SPX sold off.
Not sure if this was enough information today to trade effectively.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday November 26th - $SPX
The $SPX gapped higher and tested the 6800 Largest Gamma Level.
Notice how the CALL Sentiment started to increase, which indicates they are pushing this market higher.
With no clear Gamma target, the $SPX kept drifting higher with a continuous build up in CALL Sentiment.
HAPPY THANKSGIVING HOLIDAY.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Tuesday November 25th - $SPY
The SPY opened lower and found support at 665 Gamma Level.
Once it traded above the Gamma Switch level, the Call Sentiment picked up.
This enabled the first rally to the Largest Gamma Level at 674.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday November 24th - $SPY
The SPY open higher above the Gamma Switch Level, indicating hedging upwards.
There was a substantial build up in CALL Sentiment which shot the market up.
The initial rally top was the $SPX Gamma Level.
After a brief pullback, the Call Sentiment picked right back up.
This pushed the SPY to the 2nd Largest Gamma Level at 670
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Friday November 21st - $SPX
Had to use 25 strikes above and below in the $SPX due to the substantially large range.
Today was mainly follow the Options Volume Sentiment day.
Both times, the Sentiment switched to CALLS, the $SPX rallied strongly with continuous Call build up.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday November 20th - $SPY
Had to use 25 strikes above and below in the SPY due to the substantially large range.
The SPY gapped higher due to the earnings front in NVDA.
But it was short lived as the Options Volume sentiment switched to PUTS at the highs.
With a continuous build up in PUTS, the SPY sold off to the Lower Gamma Levels.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday November 19th - $SPY
The SPY initially found support at the Largest Gamma Level at 660, then ran up to test the Gamma Switch Level.
At the top, the Sentiment switched to PUTS. Notice the continuous build up in PUT Sentiment.
This enabled a selloff in the SPY to re-test the Largest Gamma Level at 660.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday November 17th - $SPX
The $SPX oscillated between the Gamma Switch Level at 6745 and a minor Gamma Level at 6700.
Finally, at the second rally attempt, the Sentiment quickly switched to PUTS.
With a heavy build up in PUTS Sentiment, the $SPX sold off to the Largest Gamma Cluster at 6650.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday November 13th - $SPY
Switching to SPY since the range was so large in the $SPX and Gamma Levels were out of range.
The SPY opened lower and tried to rally. It ran right into the Gamma Switch Level at 681 and could not go higher.
The Options Sentiment switched to PUTS and enabled the SPY to trade lower.
Later in the afternoon, yet another round of PUTS sent the Sentiment south.
With increasing PUTS Sentiment, the SPY traded lower to the Largest Gamma Level at 670.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday November 10th - $SPX
First: Today was an event driven outside influence day due to news about Government reopen.
The news took the $SPX at the open to the Largest Gamma Level at 6800.
Initially there was some profit taking and the $SPX traded lower to the Gamma Switch Level at 6770.
From here, the Options Sentiment quickly changed back to CALLS. Notice the massive ongoing CALL build up.
This drove the market to new highs for the day.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Friday November 7th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
Right from the open, the PUT Sentiment started to build up continuously.
This enabled a sell off to the Largest Gamma Level at 6650.
After a re-test of the lows, the Options Sentiment changed to CALLS at the lows.
With a continuous build up in CALLS Sentiment, the $SPX traded to the next gamma level at 6700.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday November 6th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
Right from the open, the PUT Sentiment started to build up continuously.
This enabled the $SPX to sell off (Close to) the Gamma Level at 6700.
At the lows, the call buying came in pushing the CALL Sentiment higher.
This enabled the $SPX to trade higher to test the Gamma Level above at 6750.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday November 5th - $TSLA
Please note these Gamma Levels are calculated prior to the opening.
Initially TSLA tested the Gamma Switch Level and found support.
Notice here how the CALL Volume Sentiment picked up.
With a continuous build up in CALLS, the 0DTE pathway is to test the next Large Gamma Level at 460.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Friday October 31st - $SPY
Please note these Gamma Levels are calculated prior to the opening.
Both SPY and $SPX had slightly similar Levels, BUT the SPY offered the cleaner look.
SPY opened higher and traded to the Gamma Level at 685, and tried to take this level out a second time.
As the second attempt failed, the Put Sentiment started to pick up and build.
This led to a sell off to the next Gamma Level at 680, which also was the Gamma Switch level.
From there, they decided to take the market up by jumping on CALLS, which clearly showed up in the Sentiment.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday October 29th - $SPY
Please note these Gamma Levels are calculated prior to the opening.
Both SPY and $SPX had similar Levels.
SPY opened higher and traded to the Largest Gamma Level at 690, which became a major resistance Level.
Once the Fed news came out, the SPY sold off to test the Gamma Switch Level.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Tuesday October 28th - $SPY
Please note these Gamma Levels are calculated prior to the opening.
The SPY offered a better perspective with the Gamma Levels.
SPY opened above the Neutral Zone (Gamma Switch Level).
With strong Call Sentiment build up, the SPY traded to the Largest Gamma Level at 689.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday October 27th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
The $SPX (due to external news) immediately jumped to the Gamma Levels at 6850 and 6860.
No trading opportunities today with the gap opening and testing the Largest Gamma Level.
There was a minor opportunity to go long around 1:30 when there was an uptick in Call Sentiment.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Friday October 24th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
The $SPX (due to good CPI news) immediately jumped to the Largest Gamma Level at 6800.
No trading opportunities today with the gap opening and testing the Largest Gamma Level.
Days like today, when external news drives the market, 0DTE patterns are often not seen.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday October 23rd - $SPX
Please note these Gamma Levels are calculated prior to the opening.
The $SPX tested the Gamma Switch Level at 6705. While testing it, the Sentiment switched to CALLS.
With increasing Call Sentiment, the $SPX traded higher to the Largest Gamma Level at 6750.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday October 23rd - $TSLA
Please note these Gamma Levels are calculated prior to the opening.
Today was a perfect 0DTE trading day in TSLA.
Found support at 420 Gamma Level. Options Volume Sentiment changed to CALLS.
Continued steady build up in CALLS.
Once the neutral zone (Gamma Switch Level was taken out), it was a break our to test the Largest Gamma Level at 450.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday October 22nd - $SPX
Please note these Gamma Levels are calculated prior to the opening.
Today was simply follow the Put Sentiment.
As the PUT Sentiment continued to build up, the only direction was to the lower Gamma Levels.
Finally, towards the end of the day, the Sentiment switched to CALL bringing in a small relief rally.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday October 20th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
Today was an easy 0DTE pattern to figure out. $SPX Gapped open above the purple Gamma Switch (Neutral Zone). Found support at the Largest Gamma Level at 6700.
Notice increasing CALL Sentiment right out of the gate. Normal 0DTE pattern would be to test the next Largest Gamma Level which is at 6750. And that's where the $SPX headed to.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday October 16th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
Today was again a wild day in the $SPX with large swings both up and down.
Initially the $SPX gapped higher with Call Strength. However the Sentiment quickly switched to PUTS.
This enabled a huge sell off to the lower Gamma Level at 6600.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday October 15th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
Today was a wild day in the $SPX with large swings both up and down.
Through it all, between the pre-calculated Gamma Levels and Options Volume Sentiment, these swings were identifiable.
Initially the $SPX gapped higher with Call Strength. This enabled the $SPX to rally to the Gamma Level at 6715.
Once all the upside hedging was over, the Sentiment shifted to PUTS.
With increasing Put sentiment, the $SPX sold off quickly to the Lower Gamma level at 6625.
Then once again the Sentiment switched back to Calls. This created a low and a rally into the close.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Tuesday October 14th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
The $SPX gapped and traded lower. It finally found support at the Last Gamma Level of the day at 6550.
This does not mean to jump in and buy, it simply means monitor the Options Volume Sentiment.
If you see a switch in Sentiment to the CALL side and then followed by a continuous massive build up in Calls,
then it is time to jump on board to the long side.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday October 13th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
The $SPX double bottomed at the 6625 Large Gamma Level.
Once the Sentiment changed and continued to build up, the $SPX rallied higher towards the next higher Gamma Level.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday October 9th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
The Put sentiment quickly shifted to PUTS and continued to increase with PUTS.
This enabled the $SPX to test the lower Gamma Levels (cluster) at 6715 and 6720.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Wednesday October 8th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
The $SPX opened higher with immediate CALL Sentiment.
The Call buying was continuous, and the CALL Sentiment steadily built up.
This is the mechanism of a sustained rally is generated.
With the Call Sentiment increasing, the $SPX traded to the largest upside Gamma Level at 6760.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Tuesday October 7th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
The $SPX initially traded higher to the Largest Gamma Level at 6750.
Right away, the Options Volume Sentiment switched to PUTS.
With increasing PUT Sentiment, the $SPX sold off to test the 6700 Gamma Level.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Monday October 6th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
The $SPX initially sold off, but held above the Gamma Switch Level. This either provides support or resistance.
This is a new study, that shows the neutral Zone, (meaning Gamma could switch direction if this level is crossed).
Please see out Tuesday classes for more information.
Notice the Options Volume Sentiment switched to calls.
With a continuous build up in CALL Sentiment, the $SPX traded to the largest Gamma Level at 6750
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Friday October 3rd - $SPX
Please note these Gamma Levels are calculated prior to the opening.
Today the $SPX traded between Gamma Levels with the Sentiment leading the direction.
Gamma Levels are critical, but how market reacts at these levels are controlled by Options Volume Sentiment.
The Sentiment is calculated in real time and shows the direction between CALLS and PUTS Sentiment.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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Dynamic Trend Gamma
Thursday October 2nd - $SPX
Please note these Gamma Levels are calculated prior to the opening.
The $SPX initially sold off with increasing PUT Sentiment and found support at the 6700 Gamma Level.
Finally around 1:00 pm, the sentiment switched to CALLS. The Sentiment change did not happen at the lows.
Instead the $SPX had to rally a little before the CALL Sentiment came in.
Once the Call Sentiment came in, the $SPX traded to the largest Gamma Level at 6725.
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
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