SPX dealer positioning, the week of May 13, 2024
May 13 to May 17 · 5 of 5 days traded · each session free to replay
| Day | Open | Close | Change | Range | Close to close | Flip at the close | Gamma at the close |
|---|---|---|---|---|---|---|---|
| Monday May 13 | 5237.1 | 5221.5 | -15.6 -0.30% | 23.7 | -2.4 | 5222.2 crossed 24x | negative |
| Tuesday May 14 | 5225.3 | 5247.9 | +22.6 +0.43% | 32.3 | +26.4 | 5231.9 crossed 16x | positive |
| Wednesday May 15 | 5270.9 | 5308.8 | +37.9 +0.72% | 48.0 | +60.9 | 5290.2 crossed 2x | positive |
| Thursday May 16 | 5311.4 | 5297.2 | -14.2 -0.27% | 28.1 | -11.6 | 5309.4 crossed 3x | negative |
| Friday May 17 | 5301.6 | 5302.4 | +0.8 +0.02% | 17.5 | +5.2 | 5296.9 crossed 34x | positive |
Week: +78.5 points (+1.50%), close to close from 2024-05-10.
Ranges: 149.6 points over 5 sessions, the largest 48.0 on 2024-05-15.
Zero-gamma flip at the close: 5222.2 on the first session, 5296.9 on the last (+74.6 points).
Closed in positive gamma: 3 of 5 sessions.
Events this week
- May 14
08:30Durable goods orders
Durable goods m/m: actual -0.2% / prior 1.7% - May 14
08:30PPI
PPI m/m: actual 0.5% / prior 0.1% - May 15
08:30CPI · high impact
CPI y/y: actual 3.4% / prior 3.5%; Core CPI m/m: actual 0.3% / prior 0.4% - May 15
08:30Retail sales
Retail sales m/m: actual -0.0% / prior 0.3% - May 15
09:30VIX settlement
spot +2.7 in the 15 minutes after 09:30; flip 5141.0 → 5180.2; net gamma long - May 15
10:00Fed Chair testimony
spot +2.0 in the 15 minutes after 10:00; flip 5198.1 → 5217.9; net gamma long - May 16
07:00WMT earnings - May 16
08:30Housing starts
Housing starts: actual 1379K / prior 1297K
Prices are SPX at the minute. Change is close minus open; close to close is against the previous finished session. The zero-gamma flip is the terminal's measured flip at the close, and "crossed" counts the minutes the tape changed sides of it. Gamma at the close is where the close sat against that flip. Events are the market calendar's high and medium impact rows; the line under an in-session event is what the book did in the fifteen minutes after it, from the day's own payload. Nothing here is a forecast; see the Terms.