SPX dealer positioning, the week of February 2, 2026
Feb 2 to Feb 6 · 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 Feb 2 | 6927.5 | 6976.6 | +49.0 +0.71% | 65.3 | +37.7 | 6876.3 not crossed | positive |
| Tuesday Feb 3 | 6988.8 | 6917.9 | -70.9 -1.02% | 125.9 | -58.7 | 6828.9 not crossed | positive |
| Wednesday Feb 4 | 6921.1 | 6882.8 | -38.3 -0.55% | 92.5 | -35.1 | 6777.5 not crossed | positive |
| Thursday Feb 5 | 6822.5 | 6799.4 | -23.1 -0.34% | 72.1 | -83.4 | 6747.3 not crossed | positive |
| Friday Feb 6 | 6839.2 | 6931.9 | +92.8 +1.36% | 105.2 | +132.6 | 6786.0 crossed 2x | positive |
Week: -6.9 points (-0.10%), close to close from 2026-01-30.
Ranges: 460.9 points over 5 sessions, the largest 125.9 on 2026-02-03.
Zero-gamma flip at the close: 6876.3 on the first session, 6786.0 on the last (-90.3 points).
Closed in positive gamma: 5 of 5 sessions.
Events this week
- Feb 2
10:00ISM manufacturing PMI
spot +24.4 in the 15 minutes after 10:00; flip 6724.5 → 6744.0; net gamma long; walls 6724.5 / 7006.7 → 6744.0 / 7004.7 - Feb 4
07:00LLY earnings - Feb 4
10:00ISM services PMI
spot +18.6 in the 15 minutes after 10:00; flip 6739.4 → 6723.6; net gamma long; walls 6739.4 / 7021.9 → 6723.6 / 7009.2 - Feb 4
16:05GOOGL earnings - Feb 5
10:00JOLTS job openings
Openings: actual 6.55M / prior 6.85M
spot -25.9 in the 15 minutes after 10:00; flip 6642.9 → 6678.8; net gamma long; walls 6642.9 / 6985.6 → 6678.8 / 6988.8 - Feb 5
16:05AMZN 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.