$NBIS GEX Update π
REGIME FLIP
Current Price: $227.28
Flip down from $228 to $223 and $225 negative gamma node flipped to positive (-3.8k to +12.9k). Short gamma king now $220.
Long gamma king now $230 and secondary long gamma node now $240. Stabilisation at ~$230 looks promising if it holds $223 flip.
NFA.
$NBIS GEX Snapshot π
(08/21 expiry)
Current Price: $226.55
π’ Overall Negative Gamma regime
π $210 β Short Gamma King (tried yesterday but fell just short at $212.04)
π $240 β Long Gamma King
π’ $230 β Strong secondary long gamma node
βοΈ $228 β Flip
Iβm looking for a reclaim and hold of $228 to flip the regime to positive, opening the steady path towards $230β$240.
The market moves fast, and with 0DTE, expect volatility.
NFA.
$NBIS GEX Snapshot π
(08/21 expiry)
Current Price: $226.55
π’ Overall Negative Gamma regime
π $210 β Short Gamma King (tried yesterday but fell just short at $212.04)
π $240 β Long Gamma King
π’ $230 β Strong secondary long gamma node
βοΈ $228 β Flip
Iβm looking for a reclaim and hold of $228 to flip the regime to positive, opening the steady path towards $230β$240.
The market moves fast, and with 0DTE, expect volatility.
NFA.
$NBIS GEX Snapshot π
(21 Aug expiry)
Current Price: $220.48
π’ Overall Negative Gamma regime (moves more likely to extend)
π $210 β Short Gamma King (could accelerate down if we lose 220)
π $240 β Long Gamma King / Anchor (major magnet)
π’ $230 β Strong secondary long gamma
βοΈ $228 β Flip (regime changes above here)
Looking for a reclaim and hold of $228 to flip the regime, opening the path towards $240.
$NBIS GEX Snapshot π
(21 Aug expiry)
Current Price: $220.48
π’ Overall Negative Gamma regime (moves more likely to extend)
π $210 β Short Gamma King (could accelerate down if we lose 220)
π $240 β Long Gamma King / Anchor (major magnet)
π’ $230 β Strong secondary long gamma
βοΈ $228 β Flip (regime changes above here)
Looking for a reclaim and hold of $228 to flip the regime, opening the path towards $240.
@Fibonacci_TA DealerEdge GEX heatmaps β Iβve found that dealer positioning often complements the clean price action charts you put out.
Iβll be posting a few more tickers later today!
@Fibonacci_TA Thatβs how the map is reading atm π Weβve pulled back to, and are hovering around the long gamma king at $41 (21 Aug expiry) .. but Iβm sure earnings next week will have something to say about it! π€£
$MRVL GEX Update π
$212 area held, now sitting at $216-217.
Key levels to watch as we move towards the 21 Aug expiry:
β―οΈ Overall still Positive Gamma regime
π $240 β Long Gamma King (volume down from 14.6k to 8.6k)
π’ $235 β Strong secondary long gamma (volume down 8.1k to 5.8k)
ππ‘οΈ $250 β Call Wall (volume down 12.4k to 5.2k)
βοΈ Flip now at $216
Magnet effect weakening.
Educational only. Not financial advice.
@wave3trades Good shout! GEX suggests close between $240-$250 this week (long gamma node developing at $230), then not much volume in the coming weeks.. watch this space! If it goes to 50dma I could be all-in.. wave 5 target of ~$400 π