SPX dealer positioning, the week of July 17, 2023
Jul 17 to Jul 21 · 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 17 | 4509.2 | 4521.5 | +12.3 +0.27% | 26.0 | +16.4 | 4493.4 not crossed | positive |
| Tuesday Jul 18 | 4515.5 | 4555.8 | +40.3 +0.89% | 46.8 | +34.3 | 4528.6 not crossed | positive |
| Wednesday Jul 19 | 4567.4 | 4566.4 | -1.0 -0.02% | 18.7 | +10.6 | 4540.6 crossed 4x | positive |
| Thursday Jul 20 | 4556.8 | 4535.8 | -21.1 -0.46% | 34.9 | -30.6 | 4522.0 crossed 14x | positive |
| Friday Jul 21 | 4549.0 | 4536.3 | -12.7 -0.28% | 18.8 | +0.5 | 4504.7 not crossed | positive |
Week: +31.1 points (+0.69%), close to close from 2023-07-14.
Ranges: 145.1 points over 5 sessions, the largest 46.8 on 2023-07-18.
Zero-gamma flip at the close: 4493.4 on the first session, 4504.7 on the last (+11.3 points).
Closed in positive gamma: 5 of 5 sessions.
Events this week
- Jul 18
08:30Retail sales
Retail sales m/m: actual 0.5% / prior 0.5% - Jul 19
08:30Housing starts
Housing starts: actual 1420K / prior 1609K - Jul 19
09:30VIX settlement
spot +4.6 in the 15 minutes after 09:30; flip 4480.3 → 4522.3; net gamma long; walls 4480.3 / 4599.3 → 4522.3 / 4614.5 - Jul 19
13:0020-year bond auction, $12B (reopening)
spot -1.0 in the 15 minutes after 13:00; flip 4537.0 → 4538.4; net gamma long; walls 4537.0 / 4605.9 → 4538.4 / 4605.8 - Jul 19
16:05NFLX earnings - Jul 19
16:05TSLA earnings - Jul 20
07:00JNJ earnings
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.