‼️ A huge customer 0DTE position just hit the tape on $SPX > 10k 0DTE 7750 calls accumulated since the open by customers *The breakdown by strike is showing FLOW (change in position) since the open

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Deep negative gamma regime into tomorrow's session — largely driven by the JPM collar. Market makers are carrying significant short put exposure at 6475.

🚨 Pre-Market Overview with Key Levels 🚨 $SPX is currently trading near 6685 in a light negative gamma environment, where market maker hedging may amplify directional moves in either direction. The gamma flip sits at 6750, where gamma transitions from negative to positive — a shift that may slow upside momentum as MM hedging becomes a stabilizing rather than amplifying force. Above that, a moderate gamma peak at 6785 anchors a broader resistance zone extending to 6810, where a dense cluster of customer short calls may cap any sustained advance. To the downside, a broad short put stack spanning 6655 to 6595 — anchored most heavily at 6600 — may provide a meaningful support zone should price move lower. Charm is mildly suppressive at the open, with $SPX sitting below the 6700 charm flip. Reclaiming that level may shift the regime to supportive and provide a tailwind; remaining below it may allow the current headwind to persist through the session.

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$SPX 6905

🚨 Your 10-Second $SPX Market Recap 🚨 $SPX opened once again in a negative MM gamma regime, with neutral charm at the bell. It quickly transitioned into a supportive charm environment. Price caught a bid, and the rally developed as the negative gamma range expanded, with supportive charm providing steady uplift. Once again, the gamma flip served as the session’s ceiling — firm resistance that capped the move. Near the close, large 0DTE customer buying at 6825 pressured $SPX into a quick, volatile dip, pushing price toward the gamma trough.