SPX dealer positioning, the week of March 2, 2026
Mar 2 to Mar 6 · 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 Mar 2 | 6806.1 | 6881.1 | +75.0 +1.10% | 94.3 | +1.8 | 6874.4 crossed 12x | positive |
| Tuesday Mar 3 | 6776.1 | 6816.6 | +40.5 +0.60% | 126.7 | -64.4 | 6801.6 crossed 1x | positive |
| Wednesday Mar 4 | 6843.2 | 6870.3 | +27.1 +0.40% | 72.1 | +53.7 | 6874.3 crossed 11x | negative |
| Thursday Mar 5 | 6839.1 | 6830.9 | -8.2 -0.12% | 97.1 | -39.4 | 6807.1 crossed 10x | positive |
| Friday Mar 6 | 6741.4 | 6739.8 | -1.5 -0.02% | 60.1 | -91.1 | 6752.2 crossed 18x | negative |
Week: -139.5 points (-2.03%), close to close from 2026-02-27.
Ranges: 450.2 points over 5 sessions, the largest 126.7 on 2026-03-03.
Zero-gamma flip at the close: 6874.4 on the first session, 6752.2 on the last (-122.1 points).
Closed in positive gamma: 3 of 5 sessions.
Events this week
- Mar 2
10:00ISM manufacturing PMI
spot +27.2 in the 15 minutes after 10:00; flip 6597.5 → 6650.5; net gamma long - Mar 3
09:30VIX settlement
spot -21.9 in the 15 minutes after 09:30; net gamma long (was short) - Mar 4
10:00ISM services PMI
spot +12.5 in the 15 minutes after 10:00; flip 6672.2 → 6679.8; net gamma long - Mar 4
14:00Fed Beige Book
spot +4.1 in the 15 minutes after 14:00; flip 6728.0 → 6730.3; net gamma long - Mar 4
16:05AVGO earnings - Mar 5
16:05COST earnings - Mar 6
08:30Nonfarm payrolls · high impact
Payrolls: actual -156K / prior 160K; Unemployment rate: actual 4.4% / prior 4.3% - Mar 6
08:30Retail sales
Retail sales m/m: actual 0.9% / prior -0.0%
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.