$SPX 6/18
Delta -7400 still remains the largest and the level youβd like to see hold for more upside or 7350 comes
Gamma - mixy at these levels, but mostly negative. 7350 is key low if we lose 7400, if can hold then should move into 7450/7465/7470/7475
Vanna - 7400 magnet
@Lil_AR_15 1. The view you are getting is just for 0dte
Multiple expirations govern market structure.
2. 0dte just has to be hedged asap since it carries the most gamma risk.
3. Based on all expirations 755 is the flip point. If holds they want 760
4. 755 for 6/12 & 7/31 is π
$SPY 6/3
Delta - 760, 750 positive
Want to see 750 hold for bounce, break of 760 is fuel for higher
Gamma flip =758
Want to target 760/761/762/763
Want to target 757/756/755
Vanna flip = 758
Above 758 π§² towards 760/763/764/765/773
Below 758 π§² towards 755/752/750