SPX dealer positioning, the week of April 18, 2022

Apr 18 to Apr 22 · 3 of 5 days traded · each session free to replay

← the week of Apr 11 the week of Apr 25 →the calendar for this week every session

Day	Open	Close	Change	Range	Close to close	Flip at the close	Gamma at the close
Monday Apr 18	4391.0	4391.1	+0.1 +0.00%	39.3	-0.2	4435.2 crossed 18x	negative
Tuesday Apr 19	no session
Wednesday Apr 20	4482.9	4459.6	-23.3 -0.52%	37.4	+68.5	4411.0 crossed 14x	positive
Thursday Apr 21	no session
Friday Apr 22	4378.1	4271.8	-106.3 -2.43%	111.0	-187.9	4264.7 crossed 8x	positive

Week: -119.6 points (-2.72%), close to close from 2022-04-14.
Ranges: 187.7 points over 3 sessions, the largest 111.0 on 2022-04-22.
Zero-gamma flip at the close: 4435.2 on the first session, 4264.7 on the last (-170.5 points).
Closed in positive gamma: 2 of 3 sessions.

Events this week

Apr 19 07:00 JNJ earnings
Apr 19 08:30 Housing starts
Housing starts: actual 1700K / prior 1730K
Apr 19 16:05 NFLX earnings
Apr 20 07:00 PG earnings
Apr 20 09:30 VIX settlement
spot -15.4 in the 15 minutes after 09:30; net gamma short
Apr 20 13:00 20-year bond auction, $16B (reopening)
spot +4.8 in the 15 minutes after 13:00; flip 4414.4 → 4415.1; net gamma long; walls 4414.4 / 4527.7 → 4415.1 / 4526.7
Apr 20 16:05 TSLA earnings
Apr 21 11:00 Fed Chair speech: Welcoming Remarks (via pre-recorded video)
Apr 21 13:00 Fed Chair speech: The Global Economy
Apr 22 10:00 UMich consumer sentiment (final)
Sentiment: actual 65.2 / prior 59.4; 1y inflation: actual 5.4% / prior 5.4%; 5y inflation: actual 3% / prior 3%
spot -5.4 in the 15 minutes after 10:00; flip 4261.6 → 4268.7; net gamma long; walls 4261.6 / 4432.8 → 4268.7 / 4432.6

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.