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Point-Blank-Trading
@PointBlank_Algo
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•We believe in Jesus •SPX 0dte options / Sharpshooter Alerts service: https://t.co/iXjG42PuXN •Discord: https://t.co/vBjkbFPwu7 •Gamma •Mean reversion
Earth
Joined January 2022
Somehow our pinned tweet disappeared, so here it is again This is a thread with information we think valuable: 1) Our Compact Guide to Understanding #Gamma 2) $SPX $Gamma structure Cheat Sheet 3) Our Compact Guide to Options Strategies 4) 2023 Options Calendar... and more 🧵
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@gryphondist @TradeVolatility @GeekStrategy @spotgamma Have you tried conditional commands? They allow complex orders We use it to open/close option positions based on underlyng levels
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SPX 0dte and All Expirations Net S/A Gamma Gamma is split, mostly negative 6075 is the largest positive Gamma stack and main resitance, above there is resistance at 6100 6000 is the largest negative Gamma stack and main support, below there is support at 5875 6045 and 6050, but it can be seen more delimited between 6045 and 6075. This will be an important area of support/resistance The Flip Point is near 6052.5, this is an important infleciton point and will act as strong support/resistance level. SPX is at this moment in negative Gamma regime, it needs to close above the Flip Point in order to return to positive Gamma regime, key for bulls Currently, 6100 call remains by large the most active contract, followed by 6000 put. Next in line are the 6080, 6070 and 6120 calls, followed by the 6040 puts Call Gamma accumulation could help the market bounce back to the upside before the close 6070 and 6080 calls are by far the contracts with the largest increase in volume 👁️👁️ , followed by 6075 call and 6000 put Charts from @TradeVolatility GEX Gamma trading ES SPY MES options and Futures
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Posted premarket for subscribers of our Sharpshooter Trade Alerts service Note this paragraph: 6100 remains a strong resistance, it will do a great job at containing SPX's advance. SPX 0dte options Open Interest SPX cash @ 6085 Most puts are below 6045 Most calls are above 6050 Biggest put walls: 6000, 5975, 5950, 5935 Biggest call walls: 6100, 6110, 6150, 6175, 6180 Put support: 6040, 5975, 5950, 5935 Call resistance: 6075, 6100, 6110, 6150, 6180 6100 remains a strong resistance, it will do a great job at containing SPX's advance. Top the downside 6000 will work as safety net for many reasons, but 5975 seems to be the hard floor Premarket trading activity at Cboe and CME is slightly bullish Chart from @TradeVolatility GEX Gamma SPX Trading Signals Odte options and futures trading
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@fact4science That was a handsome recovery for CRWD We have traded several times always to the upside
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@KlarensGjeci Usually positive Gamma regime has a bullish bias and vice versa GEX structures dominated by calls shows traders have a bullish bias and vice versa We use Gamma to determine support / resistance levels to place or exit trades
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SPX 0dte options volume and GEX structure Gamma is split, mostly positive 6080 and 6085 are the largest positive Gamma stacks and main resistance. Above resistance is at 6090 and 6100 6035 and 6040 are the largest negative Gamma stacks and main support. 6060 is also important support The Transition Zone is between 6045 and 6050, it will act as important support/resistance area Gamma flips near 6052,5. SPX remains in positive Gamma regime Currently, 6100 call remains the most active contract, closely followed by 6080 call. Next are the 6090 and 6075 calls, followed by the 6060 puts and 6095 calls 6080 call is by large the contract with the largest increase in volume, followed by 6075 call. Next are the 6090 calls and 6060 puts Charts from @TradeVolatility GEX Gamma Trading ES SPY MES
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