SPX dealer positioning, the week of July 13, 2026
Jul 13 to Jul 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 Jul 13 | 7557.4 | 7515.3 | -42.1 -0.56% | 55.6 | -59.8 | 7529.5 crossed 21x | negative |
| Tuesday Jul 14 | 7532.7 | 7543.9 | +11.2 +0.15% | 37.2 | +28.6 | 7542.6 crossed 9x | positive |
| Wednesday Jul 15 | 7570.9 | 7572.1 | +1.3 +0.02% | 51.1 | +28.3 | 7560.4 crossed 22x | positive |
| Thursday Jul 16 | 7558.0 | 7533.7 | -24.3 -0.32% | 62.6 | -38.5 | 7542.1 crossed 7x | negative |
| Friday Jul 17 | 7449.6 | 7458.2 | +8.6 +0.12% | 61.8 | -75.5 | 7471.9 crossed 10x | negative |
Week: -116.9 points (-1.54%), close to close from 2026-07-10.
Ranges: 268.3 points over 5 sessions, the largest 62.6 on 2026-07-16.
Zero-gamma flip at the close: 7529.5 on the first session, 7471.9 on the last (-57.6 points).
Closed in positive gamma: 2 of 5 sessions.
Events this week
- Jul 14
07:00JPM earnings - Jul 14
08:30CPI · high impact
CPI y/y: actual 3.7% / prior 4.3%; Core CPI m/m: actual -0.0% / prior 0.2% - Jul 14
08:30Fed Chair testimony - Jul 15
07:00JNJ earnings - Jul 15
08:30PPI
PPI m/m: actual -0.1% / prior 0.5% - Jul 15
09:30VIX settlement
spot -5.4 in the 15 minutes after 09:30; flip 7441.8 → 7277.0; net gamma long - Jul 15
14:00Fed Beige Book
spot +1.9 in the 15 minutes after 14:00; flip 7483.0 → 7482.6; net gamma long - Jul 16
07:00UNH earnings - Jul 16
08:30Retail sales
Retail sales m/m: actual 0.2% / prior 0.9% - Jul 16
16:05NFLX earnings - Jul 17
08:30Housing starts
Housing starts: actual 1415K / prior 1182K - Jul 17
10:00UMich consumer sentiment (preliminary)
Sentiment: prior 49.5; 1y inflation: prior 4.6%; 5y inflation: prior 3.3%
spot +14.5 in the 15 minutes after 10:00; flip 7303.5 → 7312.0; 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.