SPX dealer positioning, the week of July 22, 2024
Jul 22 to Jul 26 · 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 22 | 5541.6 | 5565.0 | +23.4 +0.42% | 40.6 | +59.5 | 5554.7 crossed 12x | positive |
| Tuesday Jul 23 | 5564.1 | 5555.1 | -9.0 -0.16% | 32.2 | -9.8 | 5567.1 crossed 31x | negative |
| Wednesday Jul 24 | 5508.0 | 5427.8 | -80.1 -1.46% | 86.7 | -127.3 | 5461.4 not crossed | negative |
| Thursday Jul 25 | 5429.7 | 5399.4 | -30.4 -0.56% | 98.2 | -28.4 | 5444.3 crossed 11x | negative |
| Friday Jul 26 | 5434.0 | 5459.4 | +25.3 +0.47% | 55.8 | +60.0 | 5460.3 crossed 13x | negative |
Week: -46.1 points (-0.84%), close to close from 2024-07-19.
Ranges: 313.6 points over 5 sessions, the largest 98.2 on 2024-07-25.
Zero-gamma flip at the close: 5554.7 on the first session, 5460.3 on the last (-94.4 points).
Closed in positive gamma: 1 of 5 sessions.
Events this week
- Jul 23
16:05GOOGL earnings - Jul 23
16:05TSLA earnings - Jul 23
16:05V earnings - Jul 24
08:30Housing starts
Housing starts: actual 1318K / prior 1329K - Jul 24
09:30VIX settlement
spot -9.2 in the 15 minutes after 09:30; flip 5806.3 → 5430.4; net gamma long (was short) - Jul 25
08:30Durable goods orders
Durable goods m/m: actual -2.0% / prior -0.0% - Jul 25
08:30GDP
GDP q/q: actual 3.6% / prior 0.8% - Jul 26
08:30PCE inflation, income and spending · high impact
Core PCE m/m: actual 0.2% / prior 0.1% - Jul 26
10:00UMich consumer sentiment (final)
Sentiment: actual 66.4 / prior 68.2; 1y inflation: actual 2.9% / prior 3%; 5y inflation: actual 3% / prior 3%
spot -7.6 in the 15 minutes after 10:00; flip 5336.2 → 5367.1; net gamma long
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.