Dynamic Trend Gamma
Friday August 30th - $SPY
Please note these Gamma Levels are calculated prior to the opening.
Always identify the LARGEST GAMMA Level for the day. Markets tend to test these levels. Then use the Options Volume Sentiment to guide you in determining the trend.
In typical pre-holiday style, the SPY changed trends twice. Near the open, it appeared to be heading for the LARGEST Gamma Level at 564, but the Options Volume Sentiment switched to PUTS, enabling the SPY to sell off to the 557 Gamma Level. Please note, always let the Sentiment guide you to determine the trend.
At the lows, the Options Volume Sentiment abruptly switched to Calls around 12:30 pm Est. There was also a sustained build up in the Call Sentiment, enabling the SPY to rally to the LARGEST Gamma Level at 564.
Again, preconceived ideas of trend should be set aside and always follow the Options Volume Sentiment. It is calculated in real time, on every change in options prices across the board. In this case, 15 strikes for calls and puts, above and below the ATM.
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Dynamic Trend Gamma
Thursday August 29th - $SPX
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Dynamic Trend Gamma
Wednesday August 28th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
The first task is to identify the LARGEST GAMMA Level for the day. Markets tend to test these levels. Use the Options Volume Sentiment to guide you in determining the trend.
Right at the open, the Options Volume Sentiment switched to PUTS and continued to heavily build up Sentiment to the PUTS side. This enabled a selloff in the $SPX.
At 1pm EST, after a brief rally, the Sentiment again switched to PUTS, enabling the $SPX to sell off and test the LARGEST GAMMA Level at 5565. This was the low for the day as well.
Dynamic Trend Gamma
Monday August 26th - $SPX
Dynamic Trend Gamma
Thursday August 22nd - $SPY
Dynamic Trend Gamma
Wednesday August 21st - $SPX
Dynamic Trend Gamma
Monday August 19th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
As we have stated before, you need to always identify the Largest Gamma Level for the day. Today we had 2 almost identical Gamma Levels that qualified for the Largest Gamma Level.
The $SPX found support at the 5550 Gamma Level. The Options Volume Sentiment switched to Calls enabling a sharp $SPX rally towards the 2nd Largest Gamma Level at 5575.
After a brief correction, the Options Volume Sentiment switched to Calls and the Call Sentiment steadily built up enabling the $SPX to quickly rally to the Largest Gamma Level at 5600.
Dynamic Trend Gamma
Friday August 16th - $SPX
Dynamic Trend Gamma
Thursday August 15th - $SPX
Dynamic Trend Gamma
Wednesday August 14th - $SPY
Dynamic Trend Gamma
Tuesday August 13th - $SPX
Dynamic Trend Gamma
Friday August 9th - $SPX
Dynamic Trend Gamma
Thursday August 8th - $SPX
Dynamic Trend Gamma
Wednesday August 7th - $SPY
Dynamic Trend Gamma
Tuesday August 6th - $SPY
Please note these Gamma Levels are calculated prior to the opening.
The SPY immediately found support at the 518 Gamma Level, with increasing Call Sentiment. This enabled the SPY to rally to the 526 Gamma Level.
The SPY then entered a small corrective stage, followed by a Switch to CALLS in the Options Sentiment Index, enabling the SPY to rally to the last Gamma Level at 530. This was the high for the day.
At the Highs, the Sentiment switched to PUTS, and the SPY sold off towards the close.
Dynamic Trend Gamma
Monday August 5th - $SPX
Dynamic Trend Gamma
Thursday August 1st - $SPY
Dynamic Trend Gamma
Wednesday July 31st - $SPX
Dynamic Trend Gamma
Tuesday July 30th - $SPX
Dynamic Trend Gamma
Monday July 29th - $SPY
Please note these Gamma Levels are calculated prior to the opening.
Today, the SPY traded in a sideways pattern, probably waiting for the FED news.
The trading was contained between the 543 Gamma Low and the 547 Gamma High.
The Options Volume Sentiment identified the various swings by switching between Calls to Puts and vice versa.
Dynamic Trend Gamma
Friday July 26th - $SPX
Dynamic Trend Gamma
Thursday July 25th - $SPY
Dynamic Trend Gamma
Wednesday July 24th - $SPX
Dynamic Trend Gamma
Friday July 19th - $SPX
Dynamic Trend Gamma
Thursday July 18th - $SPY
Dynamic Trend Gamma
Wednesday July 17th - $SPX
Dynamic Trend Gamma
Monday July 15th - $SPY
Dynamic Trend Gamma
Friday July 12th - $SPY
Dynamic Trend Gamma
Thursday July 11th - $SPY
Dynamic Trend Gamma
Wednesday July 10th - $SPX
Dynamic Trend Gamma
Friday July 5th - $SPY
Dynamic Trend Gamma
Wednesday July 3rd - $SPX
Dynamic Trend Gamma
Tuesday July 2nd - $SPX
Dynamic Trend Gamma
Monday July 1st - $SPY
Dynamic Trend Gamma
Friday June 28th - $SPX
Dynamic Trend Gamma
Wednesday June 26th - $SPX
Dynamic Trend Gamma
Tuesday June 25th - $SPX
Please note these Gamma Levels are calculated prior to the opening.
There was only one Major large Gamma Level of significance today. The $SPX traded to the Large Gamma Level at 5450 and the Options Sentiment switched to CALLS and stayed strong on the CALL side. This allowed the $SPX to rally into the close.
Dynamic Trend Gamma
Monday June 24th - $SPX
Dynamic Trend Gamma
Friday June 21st - $SPX
Dynamic Trend Gamma
Thursday June 20th - $SPX
Dynamic Trend Gamma
Tuesday June 18th - NVDA
Dynamic Trend Gamma
Monday June 17th - $SPY
Dynamic Trend Gamma
Friday June 14th - $SPX
Dynamic Trend Gamma
Thursday June 13th - $SPY
Dynamic Trend Gamma
Wednesday June 12th - $SPX
Dynamic Trend Gamma
Tuesday June 11th - $SPY
Dynamic Trend Gamma
Monday June 10th - $SPX
Dynamic Trend Gamma
Friday June 7th - $SPX
Dynamic Trend Gamma
Wednesday June 5th - $SPY
Dynamic Trend Gamma
Tuesday June 4th - $SPY
Dynamic Trend Gamma
Monday June 3rd - $SPX
The $SPX traded higher to the Gamma Level at 5300. During the pull back, the Options Volume Sentiment switched to PUTS. The increasing Puts indicate the Largest Gamma Level of 5280 will not hold.
The $SPX sold off to the Gamma Level of 5240, at which time the Options Sentiment, which measures the Call or Put sentiment in real time, switched to CALLS. The $SPX then rallied to the largest Gamma Level of 5280.
Dynamic Trend Gamma
Friday May 31st - $SPX
Dynamic Trend Gamma
Thursday May 23rd - $SPX
Dynamic Trend Gamma
Wednesday May 22nd - $SPX
Dynamic Trend Gamma
Wednesday May 15th - $SPY
Dynamic Trend Gamma
Monday May 13th - $SPY
Dynamic Trend Gamma
Friday May 10th - $SPY
Dynamic Trend Gamma
Thursday May 9th - $SPY
Dynamic Trend Gamma
Wednesday May 8th - $SPX
Dynamic Trend Gamma
Monday May 6th - $SPX
Dynamic Trend Gamma
Thursday May 2nd - $SPX
Dynamic Trend Gamma
Wednesday May 1st - $SPX