Just a sea of 0DTE negative gamma developing past two hours.. amazing to watch and just fuels the upside when see that. Someone big stuck short clearly since this is not normal and beyond implied move in the options
As fun as this move is, my baseline expectations from here are building some range and 2 way tape before any continuation.
We're breaking from massive balance, nothing bearish at all about it, but buyers want some structure up here
700 points profits wait until major king gex i say it on the room just buy at open 0dte was bellow and strong buyers gamma squeeze was on 29 289 at open.