Yesterday’s SPX thesis played out pretty closely to what I was watching, so I recorded a follow-up with the levels I’m carrying into tomorrow.

In the video I go over the key SPX areas from EdgeScan, what held, what failed, and where I think the next decision zones are based on options positioning, gamma, flow, liquidity, and price structure. I’m not trying to predict every tick. The goal is to build a map ahead of time so I know where I want to pay attention if price gets there.

If you trade SPX, check it out and let me know what levels you’re watching for tomorrow.

Educational only — not financial advice.

https://reddit.com/link/1wojma0/video/c8uxxtf2ecrh1/player

Just recorded a quick SPX market review walking through the levels I was watching, how price reacted around them, and how I’m using options positioning, gamma, flow, and liquidity together to build context.

If you trade SPX or follow the index, take a look and let me know how you’re reading the setup.

What is your reading?

Educational only, not financial advice.

https://reddit.com/link/1wnlhkv/video/qqb7byttv4rh1/player

In this video, I break down why SNDK is on my short watchlist for Monday, September 21 and how I’m using EdgeScan to prepare the setup before the market opens. I’m looking at a combination of price action, liquidity, key levels, options positioning, alerts, and market structure to understand where the setup could become interesting.

The goal is not to predict that SNDK must go down. I’m building a trading plan in advance so I know which levels matter, what would confirm the short thesis, and what would invalidate it.

https://reddit.com/link/1wkrc7t/video/y9xm9a74ciqh1/player

I’m watching AMD for a short here around the $545–550 area. Not because I think AMD suddenly turns into a bad stock, but because the intraday setup is starting to look stretched and there’s a pretty obvious area above where sellers have been showing up.

AMD is around $545–546 right now. Earlier it pushed up to roughly $547.79, but you can see on the chart that there’s a lot of resting sell liquidity between roughly $545.50 and $547.50.

EdgeScan - EdgeCharts

Then there’s the bigger level sitting right above all of it: $550 = Call Wall + Key Gamma

That’s the main reason I’m not interested in chasing AMD higher here.

The EdgeScan alert also fired an Overbought SELL setup around $546:

• 5m RSI: 69.6
• 1h RSI: 81.7
• 4h RSI: 72.8

The 1H and 4H readings are what caught my attention. AMD isn’t just a little extended on the 5-minute chart, it’s stretched on the higher timeframes too.

EdgeScan - Active Alerts

That by itself isn’t enough for me to short. Stocks can stay overbought for a long time. What makes the setup interesting is the combination of the stretched RSI + liquidity sitting overhead + the $550 options level.

The options flow isn’t screaming bearish either, which is worth pointing out.

Today’s AMD cluster flow is actually net bullish:

$537K total premium
$368K bullish
$165K bearish
+$203K net

Around $545, there have already been 33 executions across 7 clusters, with about +$14K net bullish premium.

EdgeScan - OptionsFlow

At $547.50, flow is basically balanced, and around $550, it starts leaning slightly bearish.

That’s actually why I like this as a tactical short rather than some big bearish thesis. Buyers are still active. I’m not trying to pretend they aren’t.

I’m looking at a stock that has pushed hard, is overbought on multiple timeframes, and now has to work through a wall of liquidity before running directly into the $550 Call Wall / Key Gamma level.

For me, that creates a decent place to look for a fade if price starts failing to hold the highs.

My rough map:

$550 - Call Wall / Key Gamma / major upside level
$547.79 - current day high
$545.50–547.50 - visible sell liquidity
$545 - active cluster-flow area
$544.50–545 - nearby support / buyers showing

EdgeScan - Options Snaphot

What would make me wrong?

Pretty simple: if AMD starts chewing through the sell liquidity, reclaims the day high, and begins holding above it, I’m not interested in fighting it all the way to $550.

I want the rejection. I don’t want to short just because RSI says “overbought.”

That’s the part I think gets missed sometimes. RSI is only one piece of the setup. I’m using it together with the actual order-book liquidity, options levels and flow.

If the sellers keep defending this area, I like the risk/reward on the fade.

If buyers prove they can absorb it, I’m out of the way.

That’s the trade.

EdgeScan — Powered by EdgeFlow X edgeflowx.com/edgescan

Just sharing how I’m reading the setup. Not financial advice.

I’m watching SPY pretty closely here because the positioning is lining up in a way that makes 760–765 the area I care about most. SPY is around 759.6–759.8, so price is basically sitting right on top of the Key Gamma / Key Delta area at 760.

That matters because EdgeScan is also showing:

• Key Gamma Strike: 760
• Key Delta Strike: 760
• 0DTE Most Negative Gamma: 755
• 0DTE Call Wall: 765
• 0DTE Most Positive Gamma: 765
• Heatmap Max Negative GEX: 760, about -$1.77B
• Heatmap Max Positive GEX: 767, about +$175.9M

EdgeScan - EdgeOptionsHub

So the structure is pretty clear to me.

760 is the immediate decision point

Right now price is sitting in the area with the strongest negative gamma concentration. That’s the part I’m paying attention to.

Negative gamma can make the tape more reactive. If SPY loses 760 cleanly and sellers keep pressing, I’m not expecting that area to behave like a strong pin.

Below it, the next levels I’m watching are:

759 → 758 → 755

And 755 is especially important because that’s the current 0DTE most negative gamma strike.

If that breaks with momentum, I’d expect volatility to pick up.

765 is the upside test

On the other side, 765 is the 0DTE Call Wall and also the most positive 0DTE gamma level.

That makes it the first area where I’d expect upside to get harder.

So for me the short-term map is basically:

767 - Max positive gamma
765 - 0DTE Call Wall / positive gamma
760 - Key Gamma + Key Delta / negative gamma battle
755 - most negative 0DTE gamma
750 - larger Put Wall

What makes this more interesting is the flow.

The options flow is leaning bearish

The current EdgeOptionsFlow read is:

• Bullish premium: $130K
• Bearish premium: $249K
• Net directional: -$119K
• 34.3% bullish / 65.7% bearish

Cluster flow is showing the same general tone:

• $377K total cluster premium
• $130K bullish
• $247K bearish
• Net: -$117K

EdgeScan - Cluster Flow Today

And around the current price:

• 759: -$25K
• 760: +$12K
• 765: -$5K
• 766: -$26K
• 755: -$30K

So there’s some buying around 760, but overall the flow is still leaning bearish.

Whale flow is even more interesting

The whale tape is also showing a bearish tilt:

• Total whale premium: $111.25M
• Bullish whale premium: $45.01M
• Bearish whale premium: $65.81M
• Net whale premium: -$20.80M

EdgeScan - Whale Flow Today

There are some very large bearish put transactions mixed in there too.

That doesn’t mean “SPY must go down.”

But it does tell me I don’t want to ignore the downside while price is sitting on a negative gamma area.

For me, the trade is pretty simple to frame:

• If SPY can reclaim 760 and hold, I’m watching 762–765.
• If it starts failing around 760 and the bearish flow keeps building, I’m watching 758 and 755.

The level itself isn’t the trade. I want to see how price behaves when it gets there. That’s really how I use EdgeScan, gamma tells me where the market may become more sensitive, and the flow tells me which side is actually leaning harder in real time.

Right now, 760 is the line in the sand, and the flow is giving sellers a slight edge.

EdgeScan | Powered by EdgeFlow X edgeflowx.com/edgescan

Educational only. Not financial advice.

SPX is heading into today’s Fed decision with a pretty interesting setup on EdgeScan.

Right now, the options flow is leaning clearly bullish:

• Bullish premium: ~$2.14M
• Bearish premium: ~$645K
• Net directional premium: about +$1.50M
• Bullish share: 76.8%
• Whale count: 1,364

So on the surface, buyers have the edge. But this is also exactly the kind of day where I don’t want to read the flow too literally.

The Fed decision is due at 2:00 PM ET, followed by the press conference at 2:30 PM ET. Markets are currently heavily pricing a 25 bp rate hike, with Reuters reporting roughly a 91%–93% implied probability and economists broadly expecting the target range to move to 3.75%–4.00%.

That matters because today’s positioning can flip very quickly once the statement hits.

What I’m watching is the difference between what traders are positioned for before the Fed and what price actually accepts after the decision.

The current EdgeOptionsFlow dashboard is telling me there’s a bullish bias going into the event, but the whale tape itself is still mixed. There are very large bullish and bearish transactions on both sides, so I wouldn’t take the aggregate 76.8% bullish reading as a clean “buy SPX” signal.

EdgeScan - EdgeOptionsFlow

For me, it’s more useful as context:

The market is leaning bullish into the announcement.

If the Fed hikes exactly as expected and Powell’s guidance is not more hawkish than the market has already priced, that bullish positioning may have room to continue.

If the Fed surprises, or the press conference sounds more aggressive on future hikes, then a lot of that pre-Fed positioning could unwind very quickly.

And that’s why I’m being careful with the first candle after 2 PM.

On FOMC days, I usually care less about the initial spike and more about what happens after the first reaction:

• Does SPX hold above the pre-Fed range?
• Does the first breakout get rejected?
• Does options flow stay bullish after the announcement?
• Do whales keep paying the ask, or does bearish premium start building?
• Does liquidity get pulled or stacked around the new price area?

That’s where the real information starts showing up.

One more thing I’m watching: the macro backdrop is not exactly soft right now. Reuters reported stronger-than-expected U.S. retail sales and continued inflation pressure, which is part of why the market has shifted so aggressively toward expecting a hike.

EdgeScan - Cluster Flow Today

So even if the actual hike is “expected,” the real market mover may be the language around what comes next.

My plan is pretty simple:

Before 2 PM: use the current bullish flow as context, not confirmation. At 2 PM: don’t chase the first move. After 2:30 PM: watch whether price, liquidity, and fresh options flow all start telling the same story.

That’s the part I care about. Right now EdgeScan says buyers are leaning in.

The Fed gets to decide whether they were early, right, or trapped.

EdgeScan | Powered by EdgeFlow X www.edgeflowx.com/edgescan

Educational only. Not financial advice.

I’ve been watching MU pretty closely this morning and thought I’d share how I’m reading it using the options levels, flow and liquidity together.

MU is around $916–917 right now. The first thing that jumps out is how important $900 still is.

That level is showing up as the Put Wall, Key Gamma Strike, Key Delta Strike and 0DTE Put Wall. It’s also the most negative 0DTE gamma area. So when MU flushed down toward the low $900s and then bounced hard, that wasn’t a random area to me. There was already a lot of options positioning sitting there.

EdgeScan - OptionsSnapshot

The day low was around $902.60, so buyers stepped in just above that bigger $900 options level. What I find more interesting now is what’s happening overhead.

Price bounced all the way back into the $920–922 area, but it ran into a pretty clear wall of sell-side liquidity. On the chart there’s a lot of red liquidity stacked around roughly $918–920, and the day high is around $921.74.

EdgeScan - EdgeCharts with live liquidity

So at this point I’m not looking at MU and thinking “it bounced from $900, therefore it’s bullish.” I’m thinking:

$900 held, but can buyers actually get through the supply sitting above $918–922?

The options flow is leaning a little more constructive than bearish overall.

Cluster flow currently shows about:

• $558K total cluster premium
• $404K bullish
• $153K bearish
• roughly +$250K net bullish

EdgeScan - OptionsFlow

And there’s some decent activity around the area price is trading now.

• At $920, there are 15 executions, 5 clusters and about +$56K net bullish premium.
• At $915, there are 32 executions, 6 clusters and roughly +$13K net bullish.
• At $910, flow is much more balanced/slightly bearish.

So there are definitely buyers showing up in the 915–920 area, but price still has to prove it can work through the visible sell liquidity. One thing I would not ignore is that the bigger Call Wall is way up at $1000, while the 0DTE Call Wall is around $980. That means the immediate battle isn’t really about $980 or $1000 yet. The short-term trade is much more about whether MU can reclaim the low $920s or gets pushed back toward the $900 support structure.

My map is pretty simple here:

$921–922 → current intraday resistance / day-high area
$918–920 → heavy sell liquidity
$915 → active bullish flow area
$910 → intermediate support / mixed flow
$900 → major options support / gamma / delta / put wall

If MU gets back above the day high and starts holding there, then I’d start paying attention to the next upside levels.

If it keeps rejecting the $918–922 area, I’d be watching whether price rotates back toward $915, $910, and eventually whether $900 gets tested again.

That’s really how I use EdgeScan. I’m not looking for one signal to tell me “buy MU” or “short MU.” I want to know where the important levels are, where liquidity is sitting, and whether the options flow is actually supporting the move.

Right now, $900 looks like the important floor, and $918–922 is the immediate test for buyers.

Curious how others are reading MU here.

Educational only, not financial advice.

EdgeScan — Powered by EdgeFlow X edgeflowx.com/edgescan

Here’s how I’m looking at Microsoft (MSFT) going into Monday based on Friday’s closing EdgeScan data.

MSFT finished Friday around: $494.86

The options structure is unusually clean right now because several important levels are concentrated very close to price. The main takeaway for me is:

$500 is the level that matters most next week.

It is simultaneously showing up as:

• Call Wall: $500
• Key Gamma Strike: $500
• Key Delta Strike: $500

That is a lot of positioning concentrated at one strike. Here’s how I’m looking at Microsoft (MSFT) going into Monday based on Friday’s closing EdgeScan data.

EdgeScan - OptionsHub

Call Wall: $500

Call OI: 119,839
Put OI: 34,982
OI Delta: 84,857
Net GEX: approximately +$132.2M
Net DEX: approximately +$789.5M

The exact same strike is also:

Key Gamma Strike: $500 / Key Delta Strike: $500

When three major options metrics converge on the same strike, I pay much more attention to that area.

For Monday, I’m treating $500 as the primary pivot / magnet / resistance zone.

The question is not simply:

>“Will MSFT reach $500?”

The more important question is:

>What happens when price gets there?

Why $500 Could Be Sticky

The gamma graph shows a very large call-gamma concentration around $500. That means dealer hedging activity can become much more meaningful as price approaches that strike.

If MSFT trades into $500 and struggles to establish acceptance above it, I would expect that level to behave like resistance or a pinning zone.

EdgeScan - GEX/DEX Graph

If buyers push through it and hold above it, then the structure changes. That would make the next upside gamma areas much more relevant.

$510 | Strongest Positive Gamma Zone

The heatmap identifies:

EdgeScan - Heatmap

$510 → Max Positive Net GEX: approximately +$89.36M

This is an important upside level. Positive gamma zones can often create:

• suppressed movement
• pinning behavior
• mean reversion around the strike
• reduced volatility

So if MSFT clears $500 and continues higher, $510 becomes the next major zone I would watch.

The GEX graph confirms the same structure: Max +GEX: $510. That gives us a very clean upside map: $500 → $505 → $510

$480 | Major Put Wall / Structural Support

On the downside:

Put Wall: $480

Friday’s snapshot shows:

Call OI: 54,184
Put OI: 33,727
OI Delta: 20,457
Net GEX: approximately +$5.6M
Net DEX: approximately +$599.1M

The gamma graph also marks:

Max Negative GEX: $475

That is important because this is where the character of the market could become more unstable if price ever gets down there.

Negative gamma can potentially amplify directional movement rather than suppress it.

So I would treat:

$480 → $475

as the larger downside zone.

A break below $480 would make $475 much more interesting.

Gamma Flip: $468.47

MSFT is trading around $494.86, so price is well above the gamma-flip level.

That means the broader positioning environment shown by this snapshot remains firmly on the positive-gamma side.

For me, this suggests:

I would expect levels to matter more than chasing momentum blindly.

That does not mean MSFT cannot trend. It means I expect larger options strikes to influence the auction.

Friday’s Price Action Adds Important Context

Now let's combine the options data with Friday's actual chart.

MSFT closed around: $494.77

Important chart references:

Previous Day High: $494.52
Day High: $498.97
Day Low: $492.58

Friday traded above the previous day's high and reached almost $499, but it did not establish itself above $500.

EdgeScan - EdgeCharts

That matters. Price essentially tested the area immediately underneath the largest options concentration and then rotated back toward the mid-$494s.

Going into Monday, I view that as unfinished business around $500.

Liquidity Is Heavily Stacked Above Price

The EdgeCharts liquidity heatmap adds another layer. Above price there is significant visible sell-side liquidity around:

$495.50–$500.00

That means MSFT does not have a clean empty path into $500. There are multiple layers of visible supply between current price and the key options level.

That's important for Monday. If buyers can steadily consume those sell-side levels, that would tell me demand remains strong.

If price repeatedly rejects around $495–$497, then I would be cautious about assuming $500 gets tested immediately.

Buyers Are Also Visible Underneath

The liquidity map shows buy-side liquidity underneath Friday's close as well.

Notable areas appear around:

$490-$494.00

This gives MSFT a fairly well-defined short-term auction. There is overhead liquidity above. There is buy-side liquidity underneath.

Monday could easily become a battle between those two structures before the market chooses direction.

My MSFT Map for Monday

This is the structure I’m carrying into the new trading week:

UPSIDE

$510 - Max Positive GEX
$505 - Intermediate Gamma Area
$500 - Call Wall + Key Gamma + Key Delta
$498.97 - Friday Day High
$495.50–$498 - Heavy Sell Liquidity

Scenario 1 | Buyers Reclaim Friday's High

If MSFT opens strong and begins reclaiming: $498 → $499, then $500 immediately becomes the level I'm watching. If buyers push into $500 but fail to hold above it, I would expect a possible rejection or pinning reaction.

But if price establishes acceptance above $500, then the next logical options structure becomes:

$505 > $510

And $510 is especially important because that is where the strongest positive gamma currently sits.

Scenario 2 | $500 Rejects Again

This may be the most interesting setup.

If MSFT trades into $499–$500 and:

• aggressive buying dries up
• liquidity starts stacking above
• price cannot hold above the strike
• repeated breakout attempts fail

then I would treat $500 as confirmed resistance. My first downside references would then be: $497 ,$495 and $494 rather than immediately expecting a move to $480.

Scenario 3 | MSFT Loses Friday's Structure

If price loses: $494, then Friday's low around: $492.58 becomes much more important. Below that, the liquidity map suggests:

EdgeScan- GEX Heatmap

$490–$490.50

as the next meaningful short-term demand area. Only if that broader structure begins failing would I start thinking seriously about the major $480 Put Wall.

What I Like About This Setup

This is a good example of why I prefer building a market map instead of trying to predict one direction.

I don't need to decide Sunday night that:

>MSFT is bullish.

or:

>MSFT is bearish.

I already know where I care about the reaction.

$500 tells me about upside control.

$492–$494 tells me about short-term support.

$480 tells me about larger structural support.

$510 tells me where upside could become sticky again.

That gives me a framework before Monday opens.

The Main Level: $500

If I had to simplify everything into one takeaway:

Watch $500.

• It is currently: Call Wall Key Gamma Strike Key Delta Strike

and Friday's high stopped just underneath it. That is exactly the kind of confluence I want to know about before the next session starts. The level itself isn't a trade.

The reaction is.

On Monday, I'll be watching:

• liquidity around the strike
• aggressive buyers/sellers
• whether Friday's high gets reclaimed
• whether price accepts above $500
• whether $500 becomes a rejection/pinning zone

Then I’ll let the market tell me which scenario is actually playing out.

EdgeScan - Powered by EdgeFlow X edgeflowx.com
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Based on Friday's closing EdgeScan data. Options positioning can change before and during Monday's session, so these levels should be refreshed before trading. Educational purposes only - not financial advice.

Today was a good example of why I pay attention to options positioning before the move happens, not after.

From market open, EdgeScan was already highlighting SPX 7675 as a major level, and as the session developed, that level became exactly what the data suggested it could be:

A suppression / pinning zone where price struggled to push through cleanly.

EdgeScan - SPXHub

EdgeScan was showing:

Call Wall: 7675
Key Gamma Strike: 7675
0DTE Put Wall: 7675
0DTE Most Positive Net Gamma: 7675

That is a lot of positioning concentrated at one strike. The broader heatmap also showed:

7675 → Max Positive Net GEX: approximately +$2.16B

This is the kind of level I pay attention to because large positive gamma can create a different market behavior. In a strong positive-gamma zone, dealer hedging can work in a way that helps suppress movement and pull price back toward the strike.

That does not mean price can never break through. It means I expect the level to be sticky until enough order flow arrives to overpower the positioning.

Why 7675 Mattered So Much

What made this level especially interesting was the confluence.

Call Wall = 7675

The broader options snapshot identified 7675 as the major Call Wall. That already told me there was significant upside options positioning concentrated there.

Key Gamma Strike = 7675

The same strike was also the Key Gamma level. That means changes in dealer hedging behavior around this strike could become more meaningful.

0DTE Put Wall = 7675

Even the same-day expiration structure was concentrating around the same price.

Max Positive 0DTE Gamma = 7675

And this is the part that matters most for the intraday behavior. The 0DTE structure was showing roughly:

+$2.2B Net GEX

at 7675. That is exactly the kind of positioning that can create a magnet / pin effect.

Options Flow Confirmed the Battle

The strike concentration data was also showing active flow around the same area.

EdgeScan - Strike Concentration

At:

7665

Net directional flow was about -$72K bearish

At:

7675

Net directional flow was about +$63K bullish

And 7675 had:

• 34 trades
• 1 whale
• Approximately $92K total premium
• $77K bullish
• $15K bearish

So the market was clearly active around the level. But the more interesting takeaway is that buyers were participating heavily at 7675 while price still had to fight through major positive gamma.

That is exactly the kind of environment where you can get repeated tests without clean continuation.

Cluster Flow Reinforced the Same Story

The cluster data also showed:

EdgeScan - Cluster Flow

7665

• 33 executions
• 2 clusters
• $95K cluster premium
• Net: -$72K bearish

7675

• 34 executions
• 4 clusters
• $92K cluster premium
• Net: +$63K bullish

7670

• 36 executions
• 3 clusters
• Net: +$26K bullish

7660

• 44 executions
• 2 clusters
• Net: +$26K bullish

So beneath 7675 there was actually a decent amount of bullish activity building.

But once again:

The bigger positioning was sitting directly overhead.

That is why I don't use flow alone.

If you only looked at directional flow, you might say:

>“Buyers are active, so price should continue.”

But if you combine that with the gamma structure, the picture changes.

You now understand:

>Buyers are active, but they are pushing directly into one of the strongest positive-gamma zones on the board.

That is a completely different trade environment.

The GEX/DEX Graph Made the Structure Obvious

The Gamma Exposure graph was also very clean.

EdgeScan - GEX/DEX Graph

Important levels:

7650 — Max Negative Gamma

7660 — Put Wall

7675 — Call Wall + Key Gamma + Max Positive Gamma

7750 — Key Delta

And price was around:

7680

So the market was essentially trading just above the 7675 gamma magnet. For me, that means:

7675 was the first major control level.

If price could not establish acceptance above it, then I would expect repeated rotation back toward the strike.

If price could build above it with real momentum and liquidity consumption, then I would start thinking about the next upside levels.

The Important Lesson: We Knew the Level Before the Reaction

This is the part I think is most useful. 7675 did not become important because price reacted there.

It was already important before the reaction because EdgeScan was showing:

• Call Wall
• Key Gamma
• 0DTE Put Wall
• Max Positive 0DTE Gamma
• Max Positive Heatmap GEX

all around the same strike.

That is the difference between:

Reacting to a chart

and

trading with a pre-built market map.

My SPX Map Today

This is how I viewed the structure:

7750 — Key Delta
7675 — Call Wall + Key Gamma + Max Positive Gamma
Price ~7680
7665 — Bearish flow concentration
7660 — Put Wall
7655.94 — Gamma Flip
7650 — Max Negative Gamma

That tells me 7675 is the immediate control point. Above it, I want to see genuine acceptance. Below it, I start paying more attention to 7660 and 7650.

How I Use This in Practice

I don't use gamma levels as automatic entries. I use them to know where I want to watch price behavior more closely.

At a level like 7675, I’m looking for:

• Rejection
• Failed breakout
• Absorption
• Liquidity stacking
• Repeated inability to hold above
• Flow failing to push price through

If those things start appearing, the options structure already gives me the context for why the level might be holding.

That gives me a much cleaner framework than simply saying:

>“SPX looks overbought.”

Final Takeaway

The biggest insight today was simple:

7675 was a known suppression zone from the start of the session.

1. The data was already there.
2. The options positioning told us where price could become sticky.
3. The flow showed where traders were actively engaging.
4. And the gamma structure explained why that level mattered.
5. That is how I use EdgeScan.
6. Not to predict every tick.
7. But to know where the important battles are likely to happen before price gets there.

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Educational purposes only. Not financial advice.

Sharing my SPX map for today based on EdgeScan options positioning, gamma exposure, options flow, and SPY liquidity.

One important note: I use SPX for the options structure and SPY as my real-time liquidity reference. I’m not treating SPY prices as identical to SPX prices; I’m using the SPY order-book/liquidity behavior to confirm whether buyers or sellers are actually defending the corresponding area.

The biggest thing standing out this morning is:

SPX is sitting almost directly on the strongest negative-gamma area around 7600.

EdgeScan - SPXHub

That makes this a very different environment from a quiet positive-gamma session.

🔴 7600 — The Immediate Battleground

At the time of the screenshots, SPX was around:

7602–7609

EdgeScan identifies:

0DTE Most Negative Net Gamma: 7600

Net GEX: approximately -$2.5B

The expiration heatmap confirms essentially the same thing:

7600 → Max Negative Net GEX: -$2.52B

So price isn't approaching this level.

Price is already trading directly inside it.

That's important because a large negative-gamma concentration can create a more unstable environment where moves away from the strike can become more reactive.

It doesn't mean:

>"7600 must break."

It means I would expect less natural stabilization around this area than I would around a large positive-gamma strike.

For me, 7600 is today's first decision point.

🟣 Gamma Flip Around 7671

The heatmap is showing:

Gamma Flip: ~7671.15

Current SPX is substantially below that level.

So the broader positioning shown here is still predominantly sitting on the negative-gamma side of the flip.

That's another reason I'm treating rallies carefully.

For the character of the market to meaningfully change, I'd want to see price work its way back toward:

EdgeScan - SPX GEX HeatMap

7660 → 7671 → 7675

That entire region has several pieces of positioning stacked together.

🔵 7660 — 0DTE Call Wall

Today's 0DTE Call Wall is 7660.

At that strike EdgeScan shows approximately:

• Call OI: 1,368
• Put OI: 849
• Net GEX: +$71.9M
• Net DEX: -$575.7M

Interestingly, 7660 is also today's 0DTE Most Positive Gamma strike.

So we have:

7660 = 0DTE Call Wall + Most Positive 0DTE Gamma

That's meaningful confluence.

If SPX rallies from 7600, I don't view 7660 as simply another number on the chart.

It's the first major upside options zone where I would expect the behavior of the auction to matter.

Does price reject?, Does it stall?, Does it get pinned? Or can buyers establish acceptance above it?

EdgeScan - SPXHub

🟢 7675 — Larger Positive Gamma Area

The broader expiration heatmap shows:

7675 → Max Positive Net GEX: +$398.87M

That puts another positive-gamma concentration just above the 7660 Call Wall and close to the ~7671 gamma flip.

So my larger upside zone is really:

7660–7675

Inside a relatively small range we have:

7660 — 0DTE Call Wall
7660 — Most Positive 0DTE Gamma
~7671 — Gamma Flip
7675 — Max Positive Net GEX across the selected expirations

That's the area I'd want to see reclaimed before becoming significantly more constructive on upside continuation.

🟢 7650 — Key Delta Strike

The broader EdgeScan Options Snapshot shows:

Key Delta Strike: 7650

At 7650:

• Call OI: 46,734
• Put OI: 61,498
• Net GEX: approximately -$2.4B
• Net DEX: approximately -$16.3B

So before SPX even reaches the 7660–7675 zone, 7650 is another important intermediate reference.

My upside progression is therefore:

7600 → 7630/7645 → 7650 → 7660 → 7671 → 7675

🟠 Key Gamma Strike: 7500

The larger options structure currently has:

Key Gamma Strike: 7500

This strike has significant positioning:

• Call OI: 76,847
• Put OI: 186,210
• Net GEX: approximately -$11.0B
• Net DEX: approximately +$14.7B

This is much farther below current price, so it's not my immediate intraday target.

But if today's downside turns into something much larger, $7500 becomes an important structural reference in the broader options map.

🔴 7570 — 0DTE Put Wall

For today's expiration, EdgeScan shows:

0DTE Put Wall: 7570

Its current positioning includes approximately:

Net GEX: -$404.8M
Net DEX: -$160.7M

That gives me the first major downside options reference below the 7600 battle.

So if 7600 decisively fails and price begins accepting underneath it, I start paying much more attention to:

7590 → 7580 → 7570

📊 Options Flow Is Slightly Bearish — But Not Extreme

Today's clustered options flow is actually useful because it is not overwhelmingly directional.

At the time of the screenshot:

Cluster Flow

297 executions

Total cluster premium: $652K
Bullish: $307K
Bearish: $345K

Net: -$37K

So overall clustered premium carries a slight bearish bias, but this is nowhere near enough for me to say:

>"Options flow is massively bearish."

It isn't.

Instead, I'm using it as confirmation that sellers currently have a modest advantage while SPX is sitting in negative gamma.

EdgeScan - Cluster Flow Today

🔎 7600 Has the Most Interesting Immediate Cluster

At 7600, EdgeScan shows:

• 21 executions
• 6 clusters
• $176K cluster premium
• Bullish: $83K
• Bearish: $94K
• Net: -$11K
• Direction: Bearish

Again, this isn't overwhelmingly bearish.

But what's interesting is the location.

The same strike is:

SPX current price area

Max Negative Net Gamma

Largest immediate cluster concentration

That's why 7600 matters so much to me today.

Other Flow Levels I'm Watching

The strike concentration data is showing:

7680 → -$30K bearish
7645 → -$13K bearish
7630 → -$11K bearish
7600 → -$11K clustered bias

While below:

7590 → +$18K bullish
7570 → +$11K bullish clustered flow

And farther down:

7530 → -$45K bearish
7490 → +$49K bullish

That again suggests the market isn't giving us a simple one-directional flow signal.

It's giving us zones where positioning is changing.

📉 What SPY Liquidity Is Showing Me

This is where I bring SPY into the analysis.

I use SPY as the liquidity proxy because I can observe the live depth/liquidity structure there while using SPX for the actual options levels.

At the time of the screenshot SPY was trading around:

$758.81

And there was a very obvious imbalance in visible liquidity.

EdgeScan - EdgeChart with live liquidity

Above price:

There is substantial sell-side liquidity stacked from roughly $760 into $766.

The chart shows repeated red liquidity bands around:

$760
$761
$762–$763
$764–$765
$766

That's a lot of overhead supply.

And the interesting part is how well it lines up structurally with SPX.

SPX has:

7600 negative gamma
7650 Key Delta
7660 0DTE Call Wall
7671 Gamma Flip
7675 Max Positive Gamma

Meanwhile SPY is showing substantial sell-side liquidity above its current price.

That's the kind of cross-confirmation I want.

🟢 Buyers Are Showing Below SPY Too

The SPY liquidity map also shows meaningful buy liquidity underneath current price, particularly around approximately:

$755–$758

The strongest visible support concentration appears around the mid-$755–$756 area.

SPY also has:

Day Low: $756.64

and the chart shows:

0DTE Put Wall: $755

So there is a fairly clear downside liquidity/options zone there as well.

That tells me something important:

Today's auction currently has identifiable liquidity on both sides.

Sellers are stacked heavily overhead.

Buyers exist underneath.

That creates the conditions for potentially sharp rotations while the market decides whether 7600 SPX can hold.

My SPX Map for Today

Here's how I'm organizing it:

UPSIDE

7800 — Major Call Wall
7675 — Max Positive Net GEX
~7671 — Gamma Flip
7660— 0DTE Call Wall + Most Positive 0DTE Gamma
7650 — Key Delta Strike
7630–7645 — Intermediate flow/structure

7600 — CURRENT BATTLEFIELD / MAX NEGATIVE GAMMA

7590 — Bullish flow showing
7570 — 0DTE Put Wall
7500 — Major Key Gamma Strike

Scenario 1 — 7600 Holds and Is Reclaimed

If SPX can hold 7600 and start establishing acceptance back above it, my attention shifts upward.

First: 7630–7650

Then the much more important zone:

7660–7675

I would expect that zone to be much harder to clear because it combines the Call Wall, positive gamma, gamma flip, and visible SPY sell liquidity. A clean reclaim of that entire region would be much more meaningful than a simple bounce from 7600.

Scenario 2 — 7600 Fails

This is the scenario where I become more cautious on the long side. We're already sitting at approximately -$2.5B of negative gamma around 7600.

If price loses this level and sellers continue to press, I'm watching:

7590

then

7570

And SPY's liquidity becomes especially important. If the SPY buy liquidity underneath begins disappearing instead of absorbing the selling, that would be a warning to me that the downside auction isn't finished.

Scenario 3 — We Chop Around 7600

This is completely possible too. A level being important does not mean price has to immediately explode away from it.

The flow around 7600 is relatively balanced:

$83K bullish vs. $94K bearish clustered premium.

So I could easily see both sides fighting around this area before a clearer direction develops. In that environment, I prefer to wait for the market to show:

acceptance above the level

or

acceptance below the level

rather than predicting the next move.

What Matters Most to Me Today

If I had to reduce all of this data into three observations:

1️⃣ SPX 7600 is the key immediate decision point.

Price is sitting directly at the strongest negative gamma concentration.

2️⃣ 7660–7675 is a major upside resistance / transition zone.

Call Wall + positive gamma + gamma flip + additional positive gamma concentration all sit together there.

3️⃣ SPY currently confirms substantial overhead liquidity.

That makes me hesitant to chase upside until I see that liquidity being consumed and price actually gaining acceptance higher. That's how I use EdgeScan. I'm not looking for one indicator to tell me:

BUY SPX

or

SELL SPX.

I'm combining:

Options positioning

• Gamma structure
• Options flow
• Liquidity
• Actual price behavior

to build a map before deploying capital. The levels tell me where to pay attention.

Price and liquidity tell me what the market is actually doing when it gets there.

EdgeScan — Powered by EdgeFlow X edgeflowx.com

Educational purposes only. Not financial advice.

I wanted to share a real example of how I use options positioning, options flow, liquidity, and price structure together when trading stocks. This morning, MU made a very aggressive move from around $1,000 to above $1,040 in a relatively short period of time.

Instead of chasing the move higher, I was interested in what happened when price reached Previous Day High (PDH). That eventually gave me the setup to deploy capital on the short side.

First: The Bigger Options Structure

Before looking at the actual entry, I always want to know where the major options levels are.

MU's EdgeScan Options Snapshot showed:

Put Wall: $1,000
Key Gamma Strike: $1,000
Key Delta Strike: $1,000

And for 0DTE:

0DTE Put Wall: $1,000
0DTE Most Negative Gamma: $1,005
0DTE Call Wall: $1,050
0DTE Most Positive Gamma: $1,050

EdgeScan - Options Snapshot

That immediately gave me a map.

$1,000 was the major structural anchor.

Three important longer-duration measurements were sitting at the exact same strike:

• Put Wall
• Key Gamma
• Key Delta

Then the short-term 0DTE structure gave us a potential upper boundary around:

$1,050

So when MU started accelerating away from $1,000, I already knew price was moving from a major gamma/positioning anchor toward the next meaningful options concentration.

Then MU Went Parabolic

The chart is where things became interesting.

MU moved very quickly from roughly $1,000 through $1,020, $1,030 and eventually into $1,040+. The day's high printed around:

$1,042.40

Previous Day High was:

$1,041.07

This is the important part. Price didn't slowly grind into PDH.

It arrived there after a very extended, almost vertical move. That changes how I think about the level.

After a controlled trend, I might be more willing to look for continuation.

After a parabolic expansion, I'm much more interested in:

>Can buyers actually establish acceptance above this level?

MU pushed through PDH briefly, but instead of continuing higher toward the $1,050 0DTE Call Wall, price rejected.

That rejection is what caught my attention.

EdgeScan - EdgeCharts with live market liquidity and levels

Why PDH Was Important to Me

Previous Day High isn't automatically a short. A stock can break PDH and continue running all day.

What mattered was the context surrounding the level.

We had:

1. A massive intraday expansion

MU had already traveled roughly $40 from its major $1,000 options anchor.

2. PDH at $1,041.07

A very obvious market-structure reference.

3. Day High at approximately $1,042.40

Price attempted to break through PDH but failed to establish continuation.

4. $1,050 0DTE Call Wall overhead

Even if buyers regained control, another meaningful options level was only around $8 higher.

5. $1,050 was also the strongest positive 0DTE gamma level

That meant I wasn't looking at unlimited upside with no nearby structure.

There was another major positioning level directly overhead.

What the Options Flow Was Showing

I also looked at EdgeOptionsFlow before making the decision. At the time of the screenshot, EdgeScan had identified approximately:

EdgeScan - Whale Flow Today

200 whale transactions

Total whale premium:

$40.62M

Bullish whale premium:

$20.43M

Bearish whale premium:

$19.48M

Net whale premium:

+$943K

Notice something important.

That is almost balanced.

I wasn't seeing something like:

>$35M bullish versus $5M bearish.

If I had seen overwhelming bullish institutional flow while price was breaking PDH, I would have been much less interested in fading the move.

Instead, overall whale premium was approximately balanced.

The $995 / $1,000 Flow Was Interesting

There were also two unusually large short-dated call transactions that stood out. At approximately 9:46:35, with MU around $1,009.86:

$995 Call — Sep 10

Premium:$1.48M
Size: 494 contracts
Volume: 788
Open Interest: 290
Volume/OI: 2.7x
Premium percentile: 100%

The trade printed on the BID and EdgeScan classified it as bearish.

Then, at nearly the same time:

$1,000 Call — Sep 10

Premium: $1.34M
Size: 494
Volume: 1,499
Open Interest: 3,822

This one printed on the ASK and was classified bullish.

That is another reason I wouldn't simply say:

>"Options flow told me to short."

It didn't.

The flow showed significant institutional-sized activity, but also mixed positioning. That is exactly how I use options flow.

Context — not a buy/sell button.

Liquidity Added Another Layer

After the rejection from PDH, EdgeCharts began showing meaningful sell-side liquidity around roughly:

$1,032–$1,034

Price was trading around $1,030–$1,033 in the screenshot after the rejection.

Below price, there was also buy-side liquidity beginning to appear around approximately:

$1,025–$1,029

That helped define the immediate auction.

Instead of thinking:

>"MU is going back to $1,000."

My first thought was much more tactical:

>Can the rejection from PDH rotate price back through the nearby liquidity structure?

That's a very different trade.

Why I Decided to Short

My short thesis was essentially:

Parabolic expansion + PDH test + failed continuation + nearby options ceiling

The actual logic looked like:

$1,000
Major options anchor / Rapid directional expansion

$1,041.07 PDH
$1,042.40 Day High

❌ Failure to establish continuation

$1,050 0DTE Call Wall + Max Positive Gamma

For me, that created an asymmetric tactical opportunity.

I wasn't betting that MU was suddenly fundamentally bearish.

I was betting that:

>After a parabolic move, buyers failed to establish acceptance above a major reference level, creating an opportunity for mean reversion.

That's why I deployed capital on the short side.

What Would Have Invalidated My Trade?

This is probably the most important part. A short at resistance only makes sense if you know when you're wrong.

For me, acceptance above the day high and PDH would have weakened the short thesis considerably.

If MU reclaimed approximately:

$1,042–$1,043

and started holding above it with strong buying pressure, I would no longer want to fight the move.

Then the next logical options reference becomes:

$1,050

And if price established acceptance above $1,050, the entire intraday structure would need to be reassessed.

Where I Was Looking for Rotation

After the PDH rejection, my first areas of interest were not hundreds of dollars away.

They were nearby liquidity/structure:

$1,034–$1,032

First immediate reaction area. Then:

$1,030

Psychological and liquidity area. Then potentially:

$1,028–$1,025

where EdgeCharts was showing additional resting liquidity.

A much deeper rotation could eventually bring the gamma structure back into consideration, but I would not enter a PDH short assuming that $1,000 must be reached.

The Difference Between Prediction and Context

This is probably the most important lesson from this trade.

EdgeScan didn't tell me:

SHORT MU

Instead, it showed me:

Where major options positioning existed.

Where short-term gamma concentrations existed.

Where institutional-sized options transactions were occurring.

Where liquidity was sitting.

Where PDH and the current Day High were located.

Then I combined those pieces with the actual price action. That's how I personally use options analysis for stock trading.

My MU Map

At the time of the trade:

$1,100 — Major Call Wall
$1,050 — 0DTE Call Wall + Max Positive Gamma
$1,042.40 — Day High
$1,041.07 — Previous Day High
$1,032–$1,034 — Sell Liquidity / Immediate Structure
$1,025–$1,029 — Buy Liquidity
$1,005 — Most Negative 0DTE Gamma

$1,000 — Put Wall + Key Gamma + Key Delta + 0DTE Put Wall

That's a pretty remarkable amount of structure around one move.

The Trade Wasn't "MU Went Too High"

That's not enough of a reason to short anything. Stocks can stay overextended much longer than expected.

My reason was:

MU became extended, reached a known structural level, failed to establish acceptance above it, had another major options level overhead, and then showed an actual price rejection.

Only after those things aligned did the short make sense to me. That distinction is critical.

Don't short because something looks expensive. Don't buy because something looks cheap.

Let the market show you where participants are actually making decisions.

... Now, I'm done for the day and closed my short from $1042 > $1030 as a quick scalp.

EdgeScan — Powered by EdgeFlow X edgeflowx.com

Educational purposes only. This is an explanation of my own trading process, not financial advice.

SPX is trading around 7696, and today’s EdgeScan data is showing something very interesting:

7695 is becoming the key intraday battleground.

Price is essentially sitting directly on top of the strongest 0DTE positive gamma level, while options flow is heavily concentrated at the same strike.

Here’s what I’m watching.

🟢 7695 - The Most Important Level Right Now

The current 0DTE Put Wall is 7695. But more importantly, EdgeScan’s gamma heatmap identifies:

7695 → Max Positive Net GEX: approximately +$1.11B

That makes this a potentially important pin / stabilization zone.

Positive gamma concentrations can sometimes suppress movement as dealer hedging works against price movement.

EdgeScan - SPX Key Levels & GEX

And the flow data is reinforcing the importance of this strike.

At 7695 today:

• 25 clustered executions
• 4 flow clusters
• Approximately $2.45M cluster premium
• Bullish premium: $1.22M
• Bearish premium: $1.23M
• 12 whale detections

That is almost perfectly balanced directional premium.

To me, that says:

>There is significant activity at 7695, but neither side has clearly won yet.

That makes the reaction around this level more important than trying to predict direction beforehand.

🟢 7675 - Key Delta Strike

Immediately below current price we have:

Key Delta Strike: 7675

This level currently carries approximately:

• Call OI: 26,605
• Put OI: 27,880
• Net GEX: approximately -$2.1B
• Net DEX: approximately +$6.6B

If SPX loses 7695 and begins accepting underneath it, 7675 is my next important structural reference.

This is also close enough to current price that it could quickly become relevant during an intraday selloff.

🔴 7650 - The Level Where Things Could Get Faster

This is probably the most important downside level in today's map.

EdgeScan identifies:

7650 → Most Negative 0DTE Net Gamma

Approximately -$1.65B

Negative gamma environments can behave very differently from positive gamma.

Instead of dealer hedging potentially suppressing movement, negative gamma hedging can reinforce price direction.

In simple terms:

>If SPX reaches 7650 and starts breaking through it, the downside could become more reactive and volatile.

This does not mean SPX automatically crashes below 7650.

It means I would be much more cautious about assuming an immediate bounce if that level starts failing with momentum.

🔵 7750 - 0DTE Call Wall

On the upside:

0DTE Call Wall: 7750

This is the first major upside options level I would watch if buyers establish control above the 7695 area.

The 7750 strike currently shows approximately:

• Call OI: 4,911
• Put OI: 2,071
• Net GEX: +$389.9M
• Net DEX: approximately -$1.4B

The heatmap is also showing substantial positive gamma around 7750 across several expirations.

That makes 7750 a natural upside reaction area.

My question there would be:

>Does SPX get pinned/rejected around 7750, or can buyers establish acceptance above it?

🔵 7800 - Major Call Wall + Key Gamma Strike

The larger options structure remains very clear:

Call Wall: 7800

Key Gamma Strike: 7800

This is the strongest larger upside options reference.

At 7800:

• Call OI: 104,533
• Put OI: 41,742
• OI Delta: +62,791
• Net GEX: approximately +$7.5B
• Net DEX: approximately +$8.8B

So if SPX eventually clears 7750 and establishes a stronger upside trend, 7800 becomes the major structural destination / resistance reference.

🐋 What the Whale Flow Is Saying

This is where today's picture gets even more interesting. EdgeScan is currently showing:

Total Whale Premium: approximately $230.01M

Of that:

Bullish Whale Premium: $105.65M
Bearish Whale Premium: $124.36M

Result:

Net Whale Premium: -$18.71M

So the larger whale activity currently carries a modest bearish tilt.

There are also several very large trades showing around the 7700–7800 strikes, including multi-million-dollar call transactions.

However, I would not read that as:

>“Whales are bearish, therefore SPX must fall.”

Options transactions can represent hedging, spreads, inventory management, or multi-leg strategies.

What matters more to me is that large participants are clearly active around the same levels we're already watching.

EdgeScan - Whale Flow Today

🔎 Strike Concentration Adds Another Layer

Today's directional strike concentration is showing:

7730 → -$413K bearish
7630 → +$411K bullish
7670 → +$194K bullish
7690 → +$65K bullish
7675 → -$51K bearish
7700 → -$21K bearish

But again, the standout is:

7695 → $2.45M total premium with 12 whales

Despite all that activity:

Net directional flow at 7695 is only about -$13K.

That is extremely balanced.

This is why I view 7695 as the battlefield, rather than simply support or resistance.

EdgeScan - Strike Concentration

My SPX Map Right Now

For me, the structure looks like this:

7800 — Major Call Wall + Key Gamma Strike
7750 — 0DTE Call Wall / Major Positive Gamma
7730 — Bearish Flow Concentration

7695 - PRICE + 0DTE PUT WALL + MAX POSITIVE GEX + MAJOR WHALE CLUSTER

7675 — Key Delta Strike
7670 — Bullish Flow Concentration

7650 - Max Negative Gamma / Potential Volatility Expansion

7630 — Bullish Flow Concentration

What I'm Watching

Scenario 1 - SPX holds 7695

If buyers continue defending 7695 and price establishes itself above this area, I’ll watch:

7700 → 7730 → 7750

7750 becomes the larger upside test.

Scenario 2 - SPX loses 7695

If 7695 fails and sellers establish acceptance underneath it:

7675 becomes important first.

Then:

7670 → 7650

The level I would be especially careful around is 7650 because that is where the strongest negative gamma currently sits.

A clean break through that zone could produce a very different volatility environment.

Scenario 3 - SPX remains around 7695

This may actually be the most interesting scenario.

Because 7695 has:

• Max positive 0DTE gamma
• Heavy whale activity
• Heavy clustered flow
• Almost perfectly balanced bullish/bearish premium

SPX could simply chop and pin around this area until one side establishes control.

That is exactly where patience becomes important.

The Bigger Takeaway

Today's EdgeScan data isn't screaming:

“BUY”

or

“SELL.”

It is showing something more useful:

Where the battle is occurring.

Right now, that battle is centered around 7695.

Above it, I’m watching 7730 and 7750.

Below it, I'm watching 7675 and especially 7650.

Let price tell us which side wins.

Options levels are not automatic trade signals. I combine them with price action, liquidity, volume, aggressive buying/selling, and options flow before making a decision.

EdgeScan — Powered by EdgeFlow X
edgeflowx.com

Educational purposes only. Not financial advice.

MU is trading around $1033–$1034, and the current EdgeScan options structure is showing a very clear concentration of positioning around $1000.

That makes $1000 the most important level on the board right now.

Key MU Levels

🔴 Put Wall: $1000
This is the major downside options level.

The Put Wall is where put positioning is most concentrated, and it can often act as a key support reference.

For MU, the $1000 strike is showing:

• Call OI: 52,436
• Put OI: 19,795
• Net GEX: approximately +$94.9M
• Net DEX: approximately +$1.3B

That is a meaningful concentration of options positioning.

If MU pulls back, I’ll be watching whether buyers defend the $1000 area.

A clean loss of $1000 with strong selling pressure would be much more important than a simple intraday touch.

EdgeScan - Options Snapshot

🟠 Key Gamma Strike: $1000

The Key Gamma Strike is also $1000.

That means the same strike is important from both a Put Wall and Gamma perspective.

Gamma concentration can influence dealer hedging behavior and potentially make a level more reactive.

The Gamma chart also shows a significant spike around this strike.

So $1000 is not just a psychological round number here, the options data is reinforcing it.

🟢 Key Delta Strike: $1000

The Key Delta Strike is also $1000.

That creates an unusually strong alignment:

Put Wall = $1000
Key Gamma = $1000
Key Delta = $1000

When several independent options metrics converge at the same strike, I pay much more attention to that level.

For me, this makes $1000 the primary structural support / pivot zone.

🔵 Call Wall: $1100

The major upside options level is sitting at:

Call Wall: $1100

This represents the strongest concentration of call positioning in the current snapshot.

The Call Wall is showing:

• Call OI: 39,570
• Put OI: 10,805
• Net GEX: approximately +$32.4M
• Net DEX: approximately +$136.3M

If MU continues higher, $1100 becomes the larger upside reference.

I would not automatically assume price will reach it, but it gives us a clear map of where the next major options concentration sits.

Gamma Flip: Around $1022

The heatmap is showing a Gamma Flip around $1022.35.

That is particularly interesting because current price is only slightly above it.

This means MU is currently trading near an important transition zone in the gamma structure.

If price holds above the gamma flip, the environment may remain more supportive.

If price loses that area, market behavior could become more reactive and volatile.

For today, I’d watch:

$1022 → Gamma Flip
$1000 → Major Options Confluence
$1100 → Major Call Wall

What the Gamma Heatmap Is Showing

The heatmap is also highlighting:

Max Positive Net GEX: $1000
Approximately +$31.05M on the Sep 18 expiration.

That reinforces the idea that $1000 is a major area where options positioning may help suppress movement or attract price reaction.

The largest negative gamma concentration shown in the heatmap is around:

$920 → approximately -$6.28M

EdgeScan - GEX

That is much farther below current price, so it is not the immediate level I would focus on today.

Liquidity Is Supporting the Same Story

The EdgeCharts liquidity view is showing a significant cluster of buy-side liquidity around roughly $1029–$1032.

That gives us another layer of information.

MU is currently trading just above a dense liquidity zone, while the broader options structure has the major anchor at $1000.

So for the short-term trade, I would pay attention to whether price continues holding above the visible liquidity around the low $1030s.

If that liquidity disappears or sellers begin absorbing it, the gamma flip around $1022 becomes much more important.

On the upside, there is visible sell liquidity around roughly:

$1035–$1037

That could become the first immediate resistance area before any larger move higher.

EdgeScan - EdgeCharts

My MU Map

For me, the structure currently looks like this:

$1100 — Major Call Wall
⬆️
$1035–$1037 — Near-term Sell Liquidity
⬆️
$1033–$1034 — Current Price
⬇️
$1029–$1032 — Strong Buy Liquidity
⬇️
~$1022 — Gamma Flip
⬇️
$1000 — Put Wall + Key Gamma + Key Delta + Max Positive GEX

That is a very clean structure.

The most important takeaway is that $1000 is the key institutional/options battleground, while the area around $1022–$1032 is the short-term zone I’d watch for intraday reactions.

As always, these levels are not automatic buy or sell signals.

Combine them with:

• Price action
• Liquidity
• Volume
• Aggressive buying/selling
• Options flow
• Market structure

That’s where the levels become useful.

Powered by EdgeScan — EdgeFlow X edgeflowx.com

Educational purposes only. Not financial advice.