@lonelyraph1d ago
$SPX $ES_F $NQ_F Premarket
· Slightly offered overnight ahead of FOMC with $SPY at -0,13%, $QQQ at -0,05%, $IWM at -0,45% and $DIA at -0,22%
· Futures with $ES at -0,18%, $NQ at -0,16%, $RTY at -0,23%, $YM at -0,31%, $GC at -0,91% and $CL at +1,60%
· Vol quiet with $VIX at 17,05 (-0,29%), $VXN at 22,05, $VVIX at 94,89, long-vol products barely moving with $UVXY at -0,27%, $VIXY at -0,17%, $VXX at -0,11% and $SVIX at -0,90%
· Macro day : Bessent testifies at 16h00, 20-Year Bond auction at 19h00 & Clarity Act cloture vote at 20h15 with FOMC tomorrow
· Don't forget to switch your futures contract!
$SPX Map
· Spot at 7611 above our balance at 7595
· Upside : 7615 is our first test with biggest short cluster near spot, clearing it opens our 7650/7665 zone above straddle ceiling with extension at 7675
· Downside : losing our balance at 7595 opens our 7575/7560 zone just under straddle floor with extension at 7530
· Charm supportive above 7620 and bearish under it down to 7595 : we open right on the inflection so decay pushes nowhere at spot, support builds again under 7590 into the afternoon
· Gamma flipped short but close to zero at ~$0,4B per 1% : hedging adds little either way, positive gamma sits above 7625 and rebuilds around 7595 later in the session
· 0DTE Straddle at $29 against $30,9 yesterday : today keeps getting priced quieter while $VIX holds 17, move is parked on tomorrow's expiry
Interpretations are mine | Datas from
UVXY Social Buzz & News
Official and community posts on X