Radar Options

ENG: The #SP500 remains in negative gamma (last close at 5,592) with mixed signals due to geopolitical uncertainty (oil >$90 and Iran ceasefire still up in the air). IV contraction continues (though less aggressively than previous days) as ceasefire rumors fuel the bounce, but heavy call selling at key zones caps the upside. Key support remains at 5,500 (Put Wall); breaking above 5,680 (zero gamma) would stabilize markets as volatility compresses (market makers would return to buying dips and selling rips).

### $SPX - 0DTE volume by strike and time ###

### $SPX - 0DTE% Volume over Total Vol ###

### $SPX - Volume by Contract ### Call vol: 2595883 Put vol: 3105085

### $SPX - Absolute Gamma Exposure ###

### $SPX - IV Term Structure ###

### $SPX - Absolute Gamma Levels ###

### $SPX - Implied Move ### 1 DAY IMP. MOVE: 6314 - 6557 5 DAY IMP. MOVE: 6164 - 6707

### $SPX - Gamma Exposure Profile ### MAX + GAMMA LEVEL: 7092 MAX - GAMMA LEVEL: 6290

### $SPX - IV Term Structure ###

### $SPX - 0DTE Open Interest ###

### $SPX - Open Interest ###

### $SPX - Absolute Gamma Levels ###

### $SPX - 0DTE volume by strike and time ###

### $SPX - 0DTE% Volume over Total Vol ###

### $SPX - Volume by Contract ### Call vol: 2237921 Put vol: 2767376

### $SPX - Absolute Gamma Exposure ###

### $SPX - IV Term Structure ###

### $SPX - Absolute Gamma Levels ###

### $SPX - Implied Move ### 1 DAY IMP. MOVE: 6439 - 6659 5 DAY IMP. MOVE: 6302 - 6796

### $SPX - Gamma Exposure Profile ### MAX + GAMMA LEVEL: 7036 MAX - GAMMA LEVEL: 6303