SPX dealer positioning, the week of July 18, 2022
Jul 18 to Jul 22 · 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 18 | 3894.9 | 3830.8 | -64.1 -1.65% | 81.0 | -31.4 | 3861.8 crossed 10x | negative |
| Tuesday Jul 19 | 3868.9 | 3935.7 | +66.8 +1.73% | 72.4 | +104.9 | 3798.0 not crossed | positive |
| Wednesday Jul 20 | 3932.1 | 3959.3 | +27.2 +0.69% | 49.5 | +23.6 | 3966.7 crossed 19x | negative |
| Thursday Jul 21 | 3950.7 | 3996.6 | +46.0 +1.16% | 70.1 | +37.3 | 3992.7 crossed 10x | positive |
| Friday Jul 22 | 4002.8 | 3962.1 | -40.7 -1.02% | 70.8 | -34.5 | 3967.1 crossed 10x | negative |
Week: +99.9 points (+2.59%), close to close from 2022-07-15.
Ranges: 343.8 points over 5 sessions, the largest 81.0 on 2022-07-18.
Zero-gamma flip at the close: 3861.8 on the first session, 3967.1 on the last (+105.3 points).
Closed in positive gamma: 2 of 5 sessions.
Events this week
- Jul 19
07:00JNJ earnings - Jul 19
08:30Housing starts
Housing starts: actual 1556K / prior 1546K - Jul 19
16:05NFLX earnings - Jul 20
09:30VIX settlement
spot +4.4 in the 15 minutes after 09:30; flip 3865.3 → 3905.7; net gamma long; walls 3865.3 / 4022.3 → 3905.7 / 4022.7 - Jul 20
13:0020-year bond auction, $14B (reopening)
spot -15.1 in the 15 minutes after 13:00; flip 3858.8 → 3867.0; net gamma long - Jul 20
16:05TSLA earnings - Jul 22
10:00UMich consumer sentiment (final)
Sentiment: actual 51.5 / prior 50; 1y inflation: actual 5.2% / prior 5.3%; 5y inflation: actual 2.9% / prior 3.1%
spot +10.8 in the 15 minutes after 10:00; flip 3993.3 → 3996.5; net gamma long (was short)
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.