SPX dealer positioning, the week of April 15, 2024

Apr 15 to Apr 19 · 5 of 5 days traded · each session free to replay

← the week of Apr 8 the week of Apr 22 →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 15	5164.1	5061.3	-102.9 -1.99%	115.3	-61.6	5067.1 crossed 4x	negative
Tuesday Apr 16	5064.7	5052.2	-12.5 -0.25%	37.4	-9.1	4935.5 not crossed	positive
Wednesday Apr 17	5072.7	5022.9	-49.8 -0.98%	68.3	-29.2	4988.0 not crossed	positive
Thursday Apr 18	5036.0	5011.0	-25.0 -0.50%	54.0	-11.9	4960.8 crossed 1x	positive
Friday Apr 19	5006.0	4965.0	-41.0 -0.82%	63.1	-46.0	4930.6 not crossed	positive

Week: -157.8 points (-3.08%), close to close from 2024-04-12.
Ranges: 338.0 points over 5 sessions, the largest 115.3 on 2024-04-15.
Zero-gamma flip at the close: 5067.1 on the first session, 4930.6 on the last (-136.5 points).
Closed in positive gamma: 4 of 5 sessions.

Events this week

Apr 15 08:30 Retail sales
Retail sales m/m: actual 0.3% / prior 0.7%
Apr 16 07:00 JNJ earnings
Apr 16 07:00 UNH earnings
Apr 16 08:30 Housing starts
Housing starts: actual 1297K / prior 1555K
Apr 17 09:30 VIX settlement
spot +2.8 in the 15 minutes after 09:30; net gamma long (was short)
Apr 17 13:00 20-year bond auction, $13B (reopening)
spot +11.1 in the 15 minutes after 13:00; flip 5007.8 → 5000.1; net gamma long; walls 5007.8 / 5125.6 → 5000.1 / 5121.8
Apr 18 16:05 NFLX earnings
Apr 19 07:00 PG 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.