SPX dealer positioning, the week of November 10, 2025
Nov 10 to Nov 14 · 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 Nov 10 | 6796.3 | 6832.8 | +36.5 +0.54% | 68.2 | +104.1 | 6738.3 crossed 4x | positive |
| Tuesday Nov 11 | 6824.3 | 6846.1 | +21.7 +0.32% | 47.0 | +13.3 | 6758.8 not crossed | positive |
| Wednesday Nov 12 | 6863.7 | 6850.9 | -12.8 -0.19% | 36.4 | +4.8 | 6799.4 not crossed | positive |
| Thursday Nov 13 | 6819.3 | 6737.3 | -82.0 -1.20% | 98.1 | -113.6 | 6690.3 crossed 1x | positive |
| Friday Nov 14 | 6667.2 | 6733.3 | +66.0 +0.99% | 121.7 | -4.0 | 6643.4 not crossed | positive |
Week: +4.6 points (+0.07%), close to close from 2025-11-07.
Ranges: 371.5 points over 5 sessions, the largest 121.7 on 2025-11-14.
Zero-gamma flip at the close: 6738.3 on the first session, 6643.4 on the last (-94.9 points).
Closed in positive gamma: 5 of 5 sessions.
Events this week
- Nov 12
09:30VIX settlement
spot -1.5 in the 15 minutes after 09:30; flip 6777.9 → 6773.5; net gamma long; walls 6777.9 / 6931.0 → 6773.5 / 6938.9 - Nov 12
13:0010-year note auction, $42B
spot +0.3 in the 15 minutes after 13:00; flip 6789.6 → 6801.2; net gamma long; walls 6789.6 / 6928.5 → 6801.2 / 6926.1 - Nov 13
13:0030-year bond auction, $25B
spot -0.8 in the 15 minutes after 13:00; flip 6705.5 → 6704.9; net gamma long; walls 6705.5 / 6883.5 → 6704.9 / 6882.6 - Nov 14
10:00UMich consumer sentiment (preliminary)
Sentiment: prior 53.6; 1y inflation: prior 4.6%; 5y inflation: prior 3.9%
spot -1.0 in the 15 minutes after 10:00; flip 6457.5 → 6488.5; net gamma long; walls 6457.5 / 6775.2 → 6488.5 / 6783.8
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.