Good Morning!

Yesterday was a dip and rip day on SPY. I didn’t quite time the dip part correctly but we monitored the rip all the way back up. Below is an image shared to our live alert members:

Notice how the green dots overhead start to grow during the day? This shows overhead gamma positioning building overhead. This is often a precursor to price moving up and something I actively monitor for daily. I didn’t personally trade the upside yesterday but many of our members used charts like this to spot the reversal and make a good trade into this upwards move.

If you want to learn how to use this chart and get all of the trades I make be sure to use the link below and sign up to our discord group. I’ve already auto applied a discount to your first month!

Whale Watching is our recurring segment where we share the most significant option buys or positionings from smart money from the previous trading day.

Yesterday was a strange day in the market. I had my options scanning software going all day but didn’t get any flow that I would deem worthy of sharing to all of you reading this publication. I would never share something just to share something. I will have my scanner on today and waiting to find some quality flow to share but as for today there is nothing on my radar as we start.

I always try to keep it real and when my quality metrics aren’t met for significant flow then I will always tell you!

SPY is starting the day out similarly to the previous few. Se sit slightly inside of a negative gamma zone as I write this. We have positive gamma positioned above and negative gamma staggered below. Obviously, negative gamma accelerates moves so we want to see how it responds at open.

The market has a trend of stabilizing after a volatile open and grinding it’s way upward. We will give it time to wait and see if that materializes. I say it every day but it bears repeating here… The best way to use gamma is to wait for market open and get constant and recurring live readings. This allows you to see how they are positioning in real time and gives you the ability to trade based on that data.

Thanks for reading another edition of OPG Order Flow. If you want a place to communicate, trade, and converse with other traders please consider joining our discord community at the link below. We share constant data updates that allows us to place trades on SPY and other stocks that we get high quality live options flow in real time.

Hope to see you on the inside!

P.S.

I’ve auto applied a discount for your first month at the link below!