SPXGamma Edge

Institutional-grade SPX options intelligence. Real-time gamma regime tracking. Institutional flow decomposition. Free levels at

[SPXGamma Edge @SpxgammaEdge]

@SpxgammaEdge
Most retail traders look at price charts.
Institutional desks look at gamma exposure.
The difference? They see where price is going
before it gets there.

Starting today, I’m sharing the same analysis
they pay $200K/year for.

Free. Every day.
Thread 🧵

[SPXGamma Edge @SpxgammaEdge]

Microsoft: +8% after spending $35.8B.

Meta: −7% after spending $31.1B.

The market isn't punishing AI capex.

It's punishing capex without visible conversion.

Meanwhile SPX sits 16 points above the 7,300 magnet, the 30Y yield is at a 2007 high, and Core PCE lands in minutes.

The repricing isn't over. 📉🎯
https://t.co/yrjRBdXy2n

#SPX #OptionsFlow #GammaEdge

[SPXGamma Edge @SpxgammaEdge]

The ceasefire is over.

Oil is rising.

The Fed decides at 2PM.

Microsoft + Meta disclose ~$335B of AI spending after the bell.

Meanwhile SPX sits just 48 points below the Gamma Flip with almost no dealer friction overhead.

The structure is ready.

Now the market needs an answer.

Full report @ https://t.co/yrjRBdXy2n

#SPX #OptionsFlow #FOMC #spxGammaEdge

[SPXGamma Edge @SpxgammaEdge]

KOSPI down 7% is notable not because of Korea itself, but because it’s one of the world’s most important semiconductor and export-driven markets. If the selling reflects global growth fears or tech weakness, this won’t stay a Korea-only problem for long. Keep an eye on semis, USD, yields, and futures.

[CMS Invests @cmsinvests]

JIM CRAMER JUST DID IT AGAIN

“SELL EVERYTHING RELATED TO AI DATA CENTERS”

RECENTLY HE CALLED:
$INTC AT $110 → $90
$IBM AT $300 → $215
$SPCX AT $220 → $110

NOW HE’S CALLING:
$NBIS AT $169.69
$IREN AT $33.93
$APLD AT $26.62

DID HE JUST MARK THE BOTTOM FOR AI?

[SPXGamma Edge @SpxgammaEdge]

Classic “index calm, book on fire” day — this is exactly the kind of violent under-the-surface rotation that doesn’t show up in the S&P print but shows up hard in gross/net exposure. Worth watching if this forces de-grossing into FOMC tomorrow.

[zerohedge @zerohedge]

Historic Carnage: Worst Day For Hedge Funds Since The Covid Crash https://t.co/EEo7fRKcOp

[SPXGamma Edge @SpxgammaEdge]

Morning:

🔴 SPX 7,383
🔴 Tide −$287.8M
Close:

🟢 SPX +0.22%
🟢 Tide +$133.9M
🟢 First net call buying of the week

The empty 7,425–7,500 band finally did what thin dealer structure does:
Price ran through it.
Meanwhile, the equal-weighted S&P hit a record while semis fell for a 4th straight day.

The rotation continues.

Fed tomorrow.
Full report @ https://t.co/yrjRBdXy2n
#SPX #GammaEdge #FOMC

[SPXGamma Edge @SpxgammaEdge]

Friday:
🔴 −$692M tide
🔴 $300M puts bought
Monday:
🟢 +$30M tide
🟢 Puts sold
🟢 $722M positioning swing
Result?

📈 SPX +1.20 points.
That's it.
Overnight:
🔴 Kospi −10.8% (halted)
🔴 SK Hynix −14.7%
🔴 ASML −8.4%
The hedges came off.

The buyers never arrived.

Fed tomorrow.
#SPX #OptionsFlow #GammaEdge #FOMC
# https://t.co/yrjRBdXy2n

[SPXGamma Edge @SpxgammaEdge]

Friday's setup is deceptively interesting.

✅ Oil < $99
✅ Intel crushes earnings
✅ Futures green

BUT...
🔴 Dealer book remains NEGATIVE (-70,990)
🔴 Spot still 113pts below the Gamma Flip (7,536)

The 7,500 wall has collapsed, so rallies can travel faster—but so can selloffs.

Today's battle starts at 7,450.
📊 #SPX #0DTE #Options # https://t.co/RKikDZ9Uln

[SC_Trades @SC_Trades1]

@SpxgammaEdge 100%! A balance break out means nothing without acceptance! Let’s see tomorrow what the big boys have in mind.

[SPXGamma Edge @SpxgammaEdge]

SPX −1.21%

📉 Worst day in a month
🛢️ Brent > $100
📈 10Y at yearly highs
🔴 GEX flips from +11K → −71K
🔴 Spot now 128pts below the flip
BUT...
Institutions SOLD $299M of puts and closed with +1.12M net delta.
The structure broke.
The tape bought it.

Friday decides who's right.
#SPX #OptionsFlow #GammaEdge

[SPXGamma Edge @SpxgammaEdge]

AI demand isn't the question anymore.

Google Cloud +82%.
Alphabet still falls.
Why?

Because the market heard "$205B capex" louder than "82% growth."

SPX opens below 7,500.
Flip: 7,513.
GEX: +11K (thinnest of the month).

Demand confirmed.
Profitability questioned. 🎯📉 #SPX #OptionsFlow #GammaEdge

[SPXGamma Edge @SpxgammaEdge]

Google Cloud +82%.

Alphabet beats.

Tesla reports.

SPX closes on 7,500.

And the market sells the news.

Why?

Because AI demand is no longer the question.

AI spending is.

GEX collapsed to +11K, flow stayed defensive (Δ -2.07M), and the flip moved ABOVE spot.

Thin book. Big catalyst. Dangerous mix.

#SPX #OptionsFlow #Gamma #NVDA #GOOGL #TSLA #SPXGammaEdge

[SPXGamma Edge @SpxgammaEdge]

SPX reclaimed the flip yesterday.

Today?

🛢 Oil > $92
📈 10Y yield 4.63%
📉 ES −0.3%
📉 NDX −0.7%

SPX is right back on the 7,500 battleground.
The book is thin (+14K GEX).
Flow remains defensive (−2.05M Delta).
And tonight:

🔥 Alphabet
🔥 Tesla
🔥 IBM

The market isn't trading earnings yet.
It's waiting for the verdict.

#SPX #Gamma #OptionsTrading #Volatility #EarningsSeason

[SPXGamma Edge @SpxgammaEdge]

SPX reclaimed the flip. ✔️

• SPX +0.89%
• Closed back above 7,500
• IV collapsed (14.7% → 13.6%)
• Chips led the rally
But here's the catch:
📉 Net Delta: −2.05M
Institutions bought puts into the rally instead of chasing it.

Price repaired.
Flow didn't.

Alphabet & Tesla decide whether this becomes a true regime shift—or another rejection.
#SPX #Options #Gamma #0DTE #Volatility

[SPXGamma Edge @SpxgammaEdge]

🚨 SPX Gamma Edge

Same test. Stronger bid.

✅ ES +0.5%
✅ NDX +1.3%
✅ 87% earnings beat rate
✅ Semis leading again

But none of it matters unless SPX reclaims 7,500.
Below the flip = dealer amplification.
Above the flip = positive gamma support.

7,500 is the referee. 🎯📈 #SPX #OptionsFlow #GammaEdge

[SPXGamma Edge @SpxgammaEdge]

SPX opened +0.4%, closed -0.2%.

That's not a news story.
That's a regime story.
✅ Book rebuilt from -79k to +35k GEX
❌ Spot still 55pts below the 7,500 flip

Positive gamma is forming ABOVE price.
Dealer support isn't.
Until 7,500 is reclaimed, rallies remain fuel for fades.

#SPX #0DTE #OptionsFlow #GammaEdge

[SPXGamma Edge @SpxgammaEdge]

The fortress didn’t crack.

It expired.

SPX gamma flipped from +135k ➜ −79k after OPEX.

Spot sits ~90pts below the 7,545 flip in a regime that now AMPLIFIES moves instead of dampening them.

Green futures ≠ repaired structure.

This week: $GOOGL, $TSLA, $AMD, $INTC decide the next move.

#SPX #0DTE #OptionsFlow #GammaEdge #Volatility

[SPXGamma Edge @SpxgammaEdge]

Yesterday's 7,525 support wasn't support.

It was gamma.

And it expired overnight.

📉 ES -1.03%

📉 NQ -2.05%

📈 VIX 18.5

⚠️ SPX opens ~95pts below the flip

The level that saved Thursday is gone.

Support didn't fail.

It settled.

#SPX #Gamma #OptionsFlow #OPEX #SPXGammaEdge

[SPXGamma Edge @SpxgammaEdge]

Korea -7%.

SK Hynix -11%.

TSMC beats revenue, earnings, margins and adds $100B of capex...

...and ES is flat.

The index isn't calm.

It's pinned.

🚧 7,600 call wall = fortress

⚡ +76pts above flip

⏳ 35% of the gamma book expires Friday

The wall has a demolition date.
#SPX #Gamma #OptionsFlow #OPEX

[CNBC @CNBC]

Jim Cramer questions whether Wednesday's rally in Big Tech will have staying power https://t.co/G3FYvXJGmT