@Z_Nasdaq mostly because mathematically speaking you don’t need to be profitable to make money off of props, once people go live they see what really matters and that means a lot more work
$SPX $ES_F $NQ_F Premarket
· Risk-off open shaping up tech leading drop with $SPY at -1,39% and $QQQ at -2,95% in premarket
· $ES down -1,45% around 7431, $NQ hit hardest at -3,06%, $GC also red at -1,97% and $CL at -0,63%. Clear derisking even gold is not bid
· Vol finally waking up : $VIX jumping to 20,13 (+16%) and $VVIX at 91,72, $VVIX up only +3,7% though so it reads more like spot move than vol-of-vol panic
· Data on tape today : S&P PMI Flash at 15:45 right after open then 2-year auction at 19:00. PMI lands early so open RTH could be jumpy
$SPX Map
· Spot down at 7368 after heavy overnight that ran 7480 to 7359, parked between 7390 short above and big long support at 285-300 below
· Upside : 7390 is first short test to clear then 7400 long and 7420 top of the 0DTE straddle
· Downside : 7316 is bottom of straddle then real story is cluster of long anchors stacking 7285-7300. That is where heavy gamma support sits into close
· Charm leans bearish today with dealers passively selling as the 0DTE decays into settlement. But with $VIX at 20 it is a bias not a certainty : Vanna is back in play and vol pullback would flip part of that flow to buying
· Gamma stays long but weight is below spot now thickening down toward 7285-7300 into close. Above spot it is thinner so less to lean on if we bounce
· 0DTE Straddle at 51,90, way up from yesterday's. Market is finally pricing real move both ways
Interpretations are mine | Datas from @VolSignals
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30/01/2026
$NQ
1/3
Hard day overall, delivery just wasn’t there.
2 BE's (would have hit tp both times if I didn't move stops and take risk off, but following my plan is most important).
Managed to secure a W in the end.
+109pts