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Dynamic Trend Gamma
Thursday September 12th - $SPX

Please note these Gamma Levels are calculated prior to the opening.
 
The $SPX quickly tested the Largest Gamma Level at 5545 as it was right around the opening range. The $SPX tested this level at 5545/5550 to build a base.
 
At 12 noon Eastern, the Options Volume sentiment switched to CALLS and continued to build up substantially. This enabled the $SPX to rally in a strong move to the 2nd Largest Gamma Level at 5600.
 
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
 
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Dynamic Trend Gamma
Wednesday September 11th - $SPX

Please note these Gamma Levels are calculated prior to the opening. Using 30 strikes above and below due to today’s large range.
 
First, Identify the Largest Gamma Levels for the day. Today there were two Large Gamma Levels almost identical in size, one at 5525 and the other at 5400.
 
The question is which one would get tested first. The answer is always in the Options Volume Sentiment pattern.
 
Initially it was all PUTS Sentiment and the $SPX tested the lower second Largest Gamma Level at 5400.
 
Then around 11am the Options Volume Sentiment changed to CALLS and started a heavy accumulation of CALLS Sentiment. This enabled the $SPX to rally to the Largest Gamma Level at 5525.
 
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently. We have over one year of daily examples, and you can clearly see the frequent testing of the Largest Gamma Levels each day.
 
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Dynamic Trend Gamma
Monday September 9th - $SPX

Please note these Gamma Levels are calculated prior to the opening.
 
The $SPX was up and down and tested the 2 major Gamma Levels at 5465 and 5450.
 
Today the Options Volume Sentiment switched and controlled the directions without much regards to Gamma Levels.
 
From the 11:30 am Est low, the $SPX rallied strongly with increasing Call Options Sentiment.
 
At the highs at 1:00 pm Est, the Speed Bump provided resistance and the $SPX sold off with the increased build up in the PUTS Sentiment.
 
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
 
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Dynamic Trend Gamma
Friday September 6th - $SPY

Please note these Gamma Levels are calculated prior to the opening.
 
The Largest Gamma Level for today was at 545, with the second Largest Gamma Level below at 540.
 
Right from the open, the Options Volume Sentiment switched to PUTS and continued to build up to the PUT side. This enabled the SPY to sell off to the LARGEST Gamma Level at 545.
 
With no letdown in the PUT Sentiment build up, the SPY continued to sell off and test the next Largest Gamma Level at 540.
 
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.

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Dynamic Trend Gamma
Wednesday September 4th - $SPX

Please note these Gamma Levels are calculated prior to the opening.
 
Initially the $SPX rallied to a small Gamma Level at 5550. At the highs, the Options Volume Sentiment switched to PUTS enabling the market to Sell off.
 
At 12:30 pm Est, after a brief rally, the Options Volume Sentiment again switched to PUTS and continued to build up the Put Sentiment. This enabled the $SPX to sell off to the LARGEST GAMMA LEVEL at 5500.
 
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.

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Dynamic Trend Gamma
Tuesday September 3rd - $SPX

Please note these Gamma Levels are calculated prior to the opening.
 
The $SPX opened with a gap down. The options volume sentiment immediately switched to PUTS and continued a substantial build up in PUTS. This enabled a selloff in the market.
 
The LARGEST GAMMA LEVEL was at 5500, which was quite far away. However, with the continuous switching to PUTS along with a substantial build up in the PUT sentiment, the $SPX sold off to test the Largest Gamma Level at 5500, towards the close.
 
Please note, initially there was a large Gamma Level at 5650, which got eliminated with the large gap down open. In such cases, use the next available Largest Gamma Level.
 
Identifying the LARGEST GAMMA Level is critical, as the markets tend to test it frequently.
 

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