SPX dealer positioning, the week of April 24, 2023

Apr 24 to Apr 28 · 5 of 5 days traded · each session free to replay

← the week of Apr 17 the week of May 1 →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 24	4136.2	4137.0	+0.8 +0.02%	23.3	+3.1	4132.3 crossed 2x	positive
Tuesday Apr 25	4119.4	4072.1	-47.3 -1.15%	50.3	-64.9	4072.2 crossed 28x	negative
Wednesday Apr 26	4081.1	4057.3	-23.8 -0.58%	38.8	-14.8	4068.7 crossed 1x	negative
Thursday Apr 27	4079.8	4135.6	+55.8 +1.37%	58.9	+78.2	4045.7 not crossed	positive
Friday Apr 28	4129.6	4169.5	+39.9 +0.97%	39.9	+34.0	4087.4 crossed 4x	positive

Week: +35.6 points (+0.86%), close to close from 2023-04-21.
Ranges: 211.4 points over 5 sessions, the largest 58.9 on 2023-04-27.
Zero-gamma flip at the close: 4132.3 on the first session, 4087.4 on the last (-44.9 points).
Closed in positive gamma: 3 of 5 sessions.

Events this week

Apr 24 08:30 Retail sales
Retail sales m/m: actual -1.1% / prior -1.2%
Apr 25 08:30 Housing starts
Housing starts: actual 1366K / prior 1395K
Apr 25 10:00 Consumer confidence (Conference Board)
spot -10.1 in the 15 minutes after 10:00; flip 4073.1 → 4078.6; net gamma long; walls 4073.1 / 4153.4 → 4078.6 / 4159.1
Apr 25 16:05 GOOGL earnings
Apr 25 16:05 MSFT earnings
Apr 25 16:05 V earnings
Apr 26 08:30 Durable goods orders
Durable goods m/m: actual 3.1% / prior -2.8%
Apr 26 09:30 VIX settlement
spot -2.2 in the 15 minutes after 09:30; flip 4004.5 → 4032.3; net gamma long; walls 4004.5 / 4137.8 → 4032.3 / 4127.8
Apr 26 16:05 META earnings
Apr 27 07:00 LLY earnings
Apr 27 07:00 MA earnings
Apr 27 08:30 GDP
GDP q/q: actual 2.5% / prior 2.9%
Apr 27 16:05 AMZN earnings
Apr 28 07:00 XOM earnings
Apr 28 08:30 PCE inflation, income and spending · high impact
Core PCE m/m: actual 0.3% / prior 0.4%
Apr 28 10:00 UMich consumer sentiment (final)
Sentiment: actual 63.7 / prior 62; 1y inflation: actual 4.7% / prior 3.6%; 5y inflation: actual 3% / prior 2.9%
spot +17.2 in the 15 minutes after 10:00; net gamma short (was 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.