Kevin Fatkin Profile picture
Jan 17 6 tweets 5 min read
Here is my morning summary of $SPY using data driven insights @Tradytics. The data provided will help us formulate a plan for the day to inform our #optionstrading and #futurestrading. Show thread to see it all! 👇
The $SPY 1-day, 3-day and 5-day delta correlations all favor the upside based on historical correlations between delta structure & price. Dealer delta momentum still negative (-0.127) but shifting more positive. ImageImageImageImage
@Tradytics $SPY Dark Pools help paint the the picture further. We have some DP levels above that could be resistance, but still supportive around $397. Block trade sentiment is basically neutral. ImageImageImage
Now, take a look at @Tradytics 5-day market net flow and delta positioning across the market. We saw a massive call spike on Fridays close with market wide deltas shifting further bullish. We can see there is bullish structure up till 1/20 OPEX, then it shifts bearish. ImageImageImage
We need to make sure we keep all the upcoming macro number releases in mind as they are the big fundamental drivers of the market. We have PPI tomorrow & jobless claims on Thursday. There is also a major Bank of Japan decision occurring tomorrow. Image
From a flow perspective, things are bullish until Jan 20 OPEX. If you are interested in viewing & using this data plus more with hundreds of other assets, use this referral link for a 10% discount:

tradytics.com/?ref_link=fatt…

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More from @Fatty_Trades

Jan 18
Here is my morning summary of $SPY using data driven insights @Tradytics. The data provided will help us formulate a plan for the day to inform our #optionstrading and #futurestrading. Show thread to see it all! 👇
The $SPY #Gamma based @Tradytics ghost zones are shown in the screen shot below. They range from 397 - 400 currently. Image
The $SPY 3-day and 5-day delta correlations all favor the upside based on historical correlations between delta structure & price. However, take note of the lower volatility (no ideal for intraday traders).
Dealer delta momentum still more negative (-0.183). ImageImageImage
Read 7 tweets
Jan 18
Here is my morning summary of dealer positioning for both $SPX and $SPY. The data is provided by Vol.land and will help us formulate a plan for the day to inform our #optionstrading and #futurestrading. Show thread to see it all! 👇
Lets start with $SPX Vanna since it's a major driver. The Vanna repellent @ 4000 is present but light. Will become light accelerant if we get far enough above it. We still have a large magnet @ 4100 with repellents above that. Image
$SPX #Gamma is showing slight positive gamma support @ 3975 with gamma accelerant @ 4000 that will assist a move through it. Large resistance @ 4100 inline with the Vanna magnet. Image
Read 7 tweets
Jan 17
Here is my morning summary of dealer positioning for both $SPX and $SPY. The data is provided by Vol.land and will help us formulate a plan for the day to inform our #optionstrading and #futurestrading. Show thread to see it all! 👇
Lets start with $SPX Vanna since it's a major driver. The Vanna repellent @ 4000 is no longer showing, because we basically closed on top so it has no impact. If we open too far below, negative vanna could repel again. We still have a large magnet @ 4100 with repellents above.
$SPX #Gamma is showing slight positive gamma support @ 3975 (as long as we open above it) with gamma accelerant @ 4000 that will assist a move through it. Large resistance @ 4100 inline with the Vanna magnet.
Read 6 tweets
Dec 30, 2022
Today gave us a nice rally. In the beginning of the day, we knew $SPX and $SPY had magnets above and the market responded well to jobless claims in the AM (see morning thread). So how can we use this data to capture these large moves? How-to thread below👇
We could also see delta structure was most likely to be bullish on $SPY (see morning thread). All these factors (macro news, vanna/gamma, delta correlations) made me like upside. I prefer to primarily trade $ES, $NQ & $SPY, so I use this data to formulate my thesis before open.
However, once we view the data, we still need to play the chart. Even when I trade $SPY, I do it using the $ES chart and keep $SPY open in another window to keep tabs on it. Same with $SPX. My primary chart view looks like this, although I take my trades on my broker platform.
Read 15 tweets
Dec 29, 2022
Here is my morning run down of the current market outlook using Dark Pools, Dealer Positioning and market wide Options Flow to inform our #optionstrading and #futurestrading today. Data can change but it will help formulate a plan.
Lets start with $SPX Gamma and Vanna courtesy of @WizOfOps Vol.land. Small Vanna magnets from 3820 - 3840. Repellent @ 3750 & 3900. Positive Gamma resistance from 3820 - 3840. Small support @ 3775. Negative Gamma will accelerate if broken through.
Let's do the same for $SPY using Vol.land Light Vanna repellents @ 370 & 385. Small vanna magnets @ 384 & 388. Gamma support @ 377, resist @ 384. Negative Gamma accelerants in between.
Read 10 tweets
Dec 28, 2022
Can only do a light post this AM of Dealer & Dark Pool data, doing some traveling.
Lets start with $SPX Gamma and Vanna courtesy of @WizOfOps Vol.land. Once again, very light dealer participation. However, very small Vanna magnet @ 3850 and Repellents @ 3780 & 3900. We see even lighter (almost negligible) Positive Gamma @ 3825/3850. ImageImage
Next we have $SPY with even lighter participation. See screen shots for details, it's a bit of a mess. ImageImage
Read 6 tweets

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