SPX dealer positioning, the week of November 4, 2024

Nov 4 to Nov 8 · 5 of 5 days traded · each session free to replay

← the week of Oct 28 the week of Nov 11 →the calendar for this week every session

Day	Open	Close	Change	Range	Close to close	Flip at the close	Gamma at the close
Monday Nov 4	5730.5	5713.4	-17.0 -0.30%	43.7	-15.6	5679.4 not crossed	positive
Tuesday Nov 5	5727.6	5782.7	+55.2 +0.96%	55.2	+69.3	5716.2 crossed 9x	positive
Wednesday Nov 6	5897.3	5929.6	+32.3 +0.55%	61.8	+146.9	5862.0 crossed 2x	positive
Thursday Nov 7	5950.7	5974.0	+23.3 +0.39%	34.1	+44.4	5972.1 crossed 6x	positive
Friday Nov 8	5982.0	5996.2	+14.2 +0.24%	32.5	+22.2	5960.8 not crossed	positive

Week: +267.1 points (+4.66%), close to close from 2024-11-01.
Ranges: 227.3 points over 5 sessions, the largest 61.8 on 2024-11-06.
Zero-gamma flip at the close: 5679.4 on the first session, 5960.8 on the last (+281.4 points).
Closed in positive gamma: 5 of 5 sessions.

Events this week

Nov 4 08:30 Durable goods orders
Durable goods m/m: actual 0.3% / prior 0.9%
Nov 5 10:00 ISM services PMI
spot -1.8 in the 15 minutes after 10:00; net gamma long (was short)
Nov 5 13:00 10-year note auction, $42B
spot -1.3 in the 15 minutes after 13:00; flip 5706.4 → 5775.4; net gamma long
Nov 6 09:30 VIX settlement
spot -1.8 in the 15 minutes after 09:30; flip 5881.8 → 5782.5; net gamma long; walls 5881.8 / 6044.6 → 5782.5 / 6004.2
Nov 6 13:00 30-year bond auction, $25B
spot +6.1 in the 15 minutes after 13:00; flip 5758.9 → 5762.6; net gamma long; walls 5758.9 / 5955.3 → 5762.6 / 5955.4
Nov 7 14:00 FOMC decision · high impact
Fed funds: actual 4.75% / prior 5.00%
spot +0.9 in the 15 minutes after 14:00; flip 5840.7 → 5854.7; net gamma long; walls 5840.7 / 6044.2 → 5854.7 / 6042.5
Nov 7 14:30 FOMC press conference · high impact
spot -2.7 in the 15 minutes after 14:30; flip 5839.8 → 5858.2; net gamma long; walls 5839.8 / 6042.1 → 5858.3 / 6038.8
Nov 8 10:00 UMich consumer sentiment (preliminary)
Sentiment: prior 70.5; 1y inflation: prior 2.7%; 5y inflation: prior 3%
spot -6.3 in the 15 minutes after 10:00; flip 5935.3 → 5945.5; net gamma long; walls 5935.3 / 6022.3 → 5945.5 / 6021.3

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.