SPX dealer positioning, the week of April 1, 2024
Apr 1 to Apr 5 · 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 Apr 1 | 5255.2 | 5243.6 | -11.7 -0.22% | 32.4 | -11.8 | 5219.7 not crossed | positive |
| Tuesday Apr 2 | 5203.0 | 5206.2 | +3.1 +0.06% | 23.8 | -37.4 | 5162.4 crossed 1x | positive |
| Wednesday Apr 3 | 5196.4 | 5212.3 | +15.9 +0.31% | 31.7 | +6.1 | 5183.2 crossed 10x | positive |
| Thursday Apr 4 | 5252.1 | 5148.3 | -103.8 -1.98% | 109.9 | -64.0 | 5166.1 crossed 4x | negative |
| Friday Apr 5 | 5161.4 | 5204.7 | +43.3 +0.84% | 60.7 | +56.4 | 5106.0 not crossed | positive |
Week: -50.6 points (-0.96%), close to close from 2024-03-28.
Ranges: 258.6 points over 5 sessions, the largest 109.9 on 2024-04-04.
Zero-gamma flip at the close: 5219.7 on the first session, 5106.0 on the last (-113.7 points).
Closed in positive gamma: 4 of 5 sessions.
Events this week
- Apr 1
10:00ISM manufacturing PMI
spot -2.9 in the 15 minutes after 10:00; flip 5221.5 → 5226.7; net gamma long; walls 5221.5 / 5291.7 → 5226.7 / 5292.9 - Apr 2
08:30Durable goods orders
Durable goods m/m: actual 1.7% / prior 0.7% - Apr 2
10:00JOLTS job openings
Openings: actual 8.44M / prior 8.38M
spot -7.8 in the 15 minutes after 10:00; flip 5154.1 → 5156.0; net gamma long; walls 5154.1 / 5234.8 → 5156.0 / 5235.3 - Apr 3
09:30VIX settlement
spot +7.9 in the 15 minutes after 09:30; flip 5143.9 → 5160.3; net gamma long; walls 5143.9 / 5254.2 → 5160.3 / 5243.7 - Apr 3
10:00ISM services PMI
spot +10.4 in the 15 minutes after 10:00; flip 5157.1 → 5155.7; net gamma long; walls 5157.1 / 5237.0 → 5155.7 / 5238.6 - Apr 5
08:30Nonfarm payrolls · high impact
Payrolls: actual 228K / prior 206K; Unemployment rate: actual 3.9% / prior 3.9%
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.