SPX dealer positioning, the week of July 15, 2024
Jul 15 to Jul 19 · 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 Jul 15 | 5639.5 | 5630.6 | -8.9 -0.16% | 50.2 | +18.8 | 5638.4 crossed 17x | negative |
| Tuesday Jul 16 | 5647.8 | 5666.3 | +18.4 +0.33% | 29.7 | +35.6 | 5652.1 crossed 30x | positive |
| Wednesday Jul 17 | 5611.6 | 5589.1 | -22.5 -0.40% | 35.0 | -77.2 | 5596.6 crossed 12x | negative |
| Thursday Jul 18 | 5600.1 | 5545.8 | -54.3 -0.97% | 88.3 | -43.3 | 5559.6 crossed 7x | negative |
| Friday Jul 19 | 5542.7 | 5505.5 | -37.2 -0.67% | 59.8 | -40.3 | 5515.8 crossed 12x | negative |
Week: -106.4 points (-1.90%), close to close from 2024-07-12.
Ranges: 263.0 points over 5 sessions, the largest 88.3 on 2024-07-18.
Zero-gamma flip at the close: 5638.4 on the first session, 5515.8 on the last (-122.5 points).
Closed in positive gamma: 1 of 5 sessions.
Events this week
- Jul 16
07:00UNH earnings - Jul 16
08:30Retail sales
Retail sales m/m: actual -0.0% / prior 0.8% - Jul 17
07:00JNJ earnings - Jul 17
08:30Housing starts
Housing starts: actual 1318K / prior 1329K - Jul 17
09:30VIX settlement
spot +2.6 in the 15 minutes after 09:30; flip 5826.4 → 5498.5; net gamma long (was short) - Jul 17
13:0020-year bond auction, $13B (reopening)
spot -10.6 in the 15 minutes after 13:00; flip 5538.6 → 5541.3; net gamma long - Jul 18
16:05NFLX earnings
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.