SpyGlass @Spyglassflow

We got long near 6491 $ES_F on this drop. Were long and seeing if we can travel back near 650 today/into the remainder of this week. As of now up a TINY bit thanks to those put spikes, but lets see if $SPX can re obtain that 6500/650 $SPY today/tomorrow?

As of now, little big change here in the $SPX situation. Now the 6485 spot is where customers have shorted more puts on the day for the time being, whereas $SPy still has it's 647/645 zones as the main entry points. For Friday someone massive is holding 85k puts for whatever...

Nothing super exciting just yet, but does look like someone big came in and grabbed big #0DTE calls on $SPX and $SPY to sort of get this hard V shape right up going. ALL #gamma is still on the upside, but we really would like to get long on the dips still right now.

Good morning guys! $SPX #Gamma and delta positioning today is VERY low = meaning that I am 100% expecting some possible big news/reaction in the market today. $SPY seems to have the 652 MAX gamma target to the upside with 647/645 being our long entry zones today. 6440 again too!

Really slow since hitting the IC man $SPX lower bound on the index - his short/long puts combo is helping the market makers keep liquidity at highs for the time being. Price is healthy, but get ready for more intense stuff next week and after into that #OPEX guys. $SPY is ready!

I think what's really going to keep happening INTO that Sept. #OPEX for $SPY and $SPX here, is BIG players are going to continue to DUMP everything they have on $ES_F and $VOO, other SPY related etfs, BUT ONLY up until that 6600 index spot/Sept 19th, because after that, crash...

Hoping the IC man on $SPX learns his lesson and never comes back to doing that strategy after today. So far his calls are find, but now his puts are going to get tested. YES MMs will be on the buy side here of futures, but if he loses. Expect 100k Call/put positions for Monday.

So far $SPX crashing from the #Gamma that the IC player has put in. We grabbed puts and they are making money today! Just don't want to be super greedy. DEFINITELY NOT buying the DIP today.

SpyGlass @Spyglassflow

3 days ago

So far $SPX crashing from the #Gamma that the IC player has put in. We grabbed puts and they are making money today! Just don't want to be super greedy. DEFINITELY NOT buying the DIP today. https://t.co/N6FUk4atsv

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Honestly, for us, I have no clue JUST yet which side I want to take and bet on. BUT MMs are going to be EXTREMELY active today on $ES_F bc of that $SPX IC player holding 45k calls and what not... Just be patient and lets see what ends up coming out way... CALL wall 653/656

BE EXTREMELY careful today guys! $SPY and $SPX could straight up collapse down like 60-100+ points today. Why? Well all the center of SPY delta is SIGNIFICANTLY lower, and SPX #Gamma positioning up here for that Iron condor is MASSIVE. NFP days are famous for BLOWING up traders.

IC idiot lost. Now he has 45k positions on $SPX... Why. Just why?

Update here: still long on the market. NO short ideas just yet. @jam_croissant Is beautifully wrong about the "next 4 weeks we should go down" and most other bears right now too. $SPX and $SPY targets are still near the 650/660 zone. NOT a good time to hedge yet. THAT comes 19th.

Honestly, I hope the IC man completely loses everything he has lol. There has been an IC play every single day this week on $SPX, and at this rate this is 100% getting to be fairly annoying ISH. BUT nontheless, the market today is cooking him up. $SPY target up is 650+ into today

The main #OPEX #Gamma is still the 6500 strike for the time being, which Dealers will reject for us either today/tomorrow ish. All the #0DTE Gamma on $SPX is a pin up here into this zone for the day. I MAY grab like random 1dte puts about 1 hour into the close for a random dump~

Still a REALLY hard look on $SPY here to short. That 643 helped pave the way to a nice run up for today. Darkpool wise, we marked the 643,72 area this morning with Signature prints that came in. BUT bc spy positions are small, were in love with 641 as the main driver of a V shape

SpyGlass @Spyglassflow

4 days ago

Still a REALLY hard look on $SPY here to short. That 643 helped pave the way to a nice run up for today. Darkpool wise, we marked the 643,72 area this morning with Signature prints that came in. BUT bc spy positions are small, were in love with 641 as the main driver of a V shape https://t.co/4MP3hBqOzB

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No trades yet for us. Sure we have that positive #Gamma around 6450 $SPX, but were REALLY in love with buying that $SPY put wall around 641 today! We think that'll be a MONSTER V shape buyback if we manage to get near that spot today. DELTA on spy is really really low right now.

Good morning everyone! Market is still in buy the dip mode as $VIX futures continue to get shorted just about every day here. $SPX main #Gamma is to the upside with the IC man showing short/long calls up there on the index. $SPY around 643 is our new delta long. 641 put wall BUY!

Volatility heating up, #Gamma exposure really starting to put the pressure on everyone as trading gets to be really wicked these days on $SPY and $SPX. Major correction coming, JUST not till after this Sept Opex... Patience! youtu.be/ldotzlHxy9w

Went short - made money. We flipped long. Got the massive push into close. Out here at 6458 $ES_F on the yolo calls. What

SpyGlass @Spyglassflow

5 days ago

Went short - made money. We flipped long. Got the massive push into close. Out here at 6458 $ES_F on the yolo calls. What

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Long and PRINTING right now. WTF is going on? $SPX. Look at the #0DTE delta impact of customer GETTING massively long calls for about an hour or so.

SpyGlass @Spyglassflow

5 days ago

Long and PRINTING right now. WTF is going on? $SPX. Look at the #0DTE delta impact of customer GETTING massively long calls for about an hour or so. https://t.co/ySfe0lHlwX

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