Here is my evening rundown of $SPX and $SPY Dealer and Dark Pool data to prepare us for #optionstrading & #futurestrading tomorrow using data from @WizOfOps Vol.land and @Tradytics. Show thread to see it all! 🧵👇 Lets start with #Vanna on $SPX & $SPY. $SPX cumulative Vanna picture still neutral in this range with positive vanna favoring downside and negative vanna hurting moves higher. $SPY is similar but with more positive vanna favoring downside should $VIX/IV continue to rise.

Another condensed post tonight combining what I believe to be the most useful market data to help prepare for tomorrow. Show thread to see it all! 🧵👇 Lets start with #Vanna on $SPX & $SPY. $SPX cumulative Vanna picture still neutral in this range with positive vanna favoring downside and negative vanna hindering moves higher. $SPY is similar but with more positive vanna favoring downside should $VIX/IV rise.

Someone asked on YouTube if I could review $TSLA data going into the week, so here it goes. Hope others who trade it regularly find it helpful. $TSLA #Vanna data shows cumulative Vanna positive until 185, at which point it goes negative and would repel moves lower as IV rises with price dropping (within the vanna curve). Positive Vanna around price and above will increase volatility until that point.

Here is my evening rundown of $SPY & the overall market using data driven insights by @Tradytics. The data provided will help us formulate a plan for tomorrow to inform our #optionstrading and #futurestrading. Show thread to see it all! 👇 We see Algoflow divergences below. These are assets where net flow is diverging from price. Finance sector and related names stand out as bearish. The bullish names like $U, $GE, $NFLX, $BA & $ENPH warrant a closer look for details.

Here is my evening summary of dealer positioning $SPX, $SPY & $QQQ. The data is provided by Vol.land, created by @WizOfOps, and will help us identify key areas tomorrow to inform our #optionstrading and #futurestrading. Show thread to see it all! 🧵👇 Lets start with #Vanna on $SPX & $SPY. $SPX cumulative Vanna picture is neutral in this range with positive vanna favoring downside and negative vanna hurting moves higher. $SPY is similar but with much more positive vanna favoring downside should $VIX/IV continue to rise.

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.

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.

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.

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.

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👇

https://twitter.com/Fatty_Trades/status/1608463897421307904

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.

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.

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.

$TSLA is the talk of anyone #trading #options these days, so I figured it would be good to go through the data to see what the coming days may bring. First off, there have been several news events related to $TSLA, including Chinese production slow downs, @elonmusk promising not to sell shares, and new gigafactory announcements. All these have made their splash and will continue to do so.

This $NQ setup played out amazingly well. I wanted to touch on confirmations we can use to take advantage of this & any setup.

The session opens and we start dropping towards the area. We also have Trend Line Liquidity forming above that will likely be targeted.

https://twitter.com/Fatty_Trades/status/1606036847955546112

The question on your mind is how do I know when to get in? It's a 20 point range including the FVG & OB so we don't just want to buy immediately, we need confirmation. For overnight confirmations on $NQ I prefer the 1m time frame. We close in and the FVG clears quickly.

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. The $SPX dealer involvement is still very light. See screenshots for small impacts various Vanna/Gamma levels will have.

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. The $SPX Vanna impact is minimal at these levels. Gamma is cluttered, with small amounts of support/resistance scattered in this zone. Could indicate more of a range day.

I find it super interesting how often dealer data correlates with price action. Based on the way deltas are currently structured on $SPY, historically we've seen up to a 2.8% drop in price over the next 5 days with extreme volatility. This puts right into a major OB on the Daily. In this instance, I'm using the @Tradytics Dealer Positioning dashboard and viewing deltas, which correlates current dealer side positioning with $SPY moves going back to 6/2021. It's one of the easiest, most effect ways to view the impact delta structure has had historically.

I haven't see anything yet that makes me feel good about longs since the open. Just constant hard rejections out of OB after OB on $NQ 3m. Just be careful if you're going for a DMD play. Do not force it. Do not ignore price action. Okay looking like I might try some longs if I can find a good entry but I'm going to be cautious around bearish OB's. Not going to assume they break, just take profits when we approach.

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. The $SPX Vanna picture has changed dramatically with only having repellents at the extremes! Same with Gamma, we have areas of positive gamma above & below that can be S/R but it's minimal!

With @Tradytics Dealers Market Diary (DMD) on many minds for tomorrows OPEX event, lets talk about how it played out on 11/18/22 $ES (works for $SPY / $SPX / $NQ / $QQQ / $YM / $DIA / $IWM / $RTY as well) to get an idea of how we can execute tomorrow! The London session printed its low @ 3943.50. The NY open created two notable bearish OB's and consumed liquidity from London bull move on its way down (note - referencing 3m chart).

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. Vanna is the biggest $SPX driver. Notice how the 4000 magnet magnet remains with repellents at 3900/4100. If 3900 gives out, 3800 could become a magnet!