Multi-expiration Hedging Curve: 6/26, 6/30, 7/17, 8/21
Expirations shown are chosen based the sheer amount of OI.
Easy visualisation of the impact of Vanna vs. Charm.
Now pair this with VIX GEX: demand for vol suppression below 16 not there, and demand for vol expansion to 24/25 and 30 is present for the summer.
So far potential for a volatile summer is present.
Multi-expiration Hedging Curve: 6/26, 6/30, 7/17, 8/21
Expirations shown are chosen based the sheer amount of OI.
Easy visualisation of the impact of Vanna vs. Charm.
Now pair this with VIX GEX: demand for vol suppression below 16 not there, and demand for vol expansion to 24/25 and 30 is present for the summer.
So far potential for a volatile summer is present.
GEX Evolution 0DTE Levels 6/25/26
$SPX
7450 Call Wall
7390-7400 Gamma Flip
7310-7320 Put wall
7400 key level for 6/26 and 6/30 expiry.
Remember if we do not come close to 7300 and 7200, then that bullish pressure.
sloppy structure
740, 744/745 Call wall
736 Gamma flip
730 Put Wall
730, 728, 725, 720 Call walls
717 Put Wall and Gamma Flip
