Good Morning!

Yesterday’s Recap

Yesterday was a great day for myself and subscribers to OPG trading service. We caught a bull put credit spread on the dip yesterday and were able to close it out not long after when price action bounced and made for an easy day as far as trading goes. This brings the spreads win rate up to 53 of the last 55 trades being winners. Since adding $10,000 to a new account 55 trading days ago, the account is now worth $46,377 in that amount of time purely from the trades I’ve given out in the discord!

Want to start trading with us?! Use the upgrade button below and get signed up. I’ve gone ahead and applied an automatic discount so that you can try it at a lesser rate at checkout!

SPY/SPX Analysis

Just like yesterday, SPY is down in the premarket this morning around 0.40% as I type this. Yesterday it was able to recover and rally but will that be the case today? It is currently in a negative gamma pricing zone. In this area it will be more volatile and price is prone to more expansive movements. There is positive gamma overhead that picks up at 778. We can interact with these ranges today but we need some upside from current price to make that exposure more relevant. We have continued to show strength at the top so we have to be careful not to jump in too quick and show respect to the trend of the week. However, the negative gamma environment could pull this price range down more today. Ultimately, I want to see what gamma looks like at open and make my call from there. I like to see how that early exposure builds and shifts once the market is trading for real. That will allow me to finalize my trading plan and share with subscribers!

The Closing Bell

Thanks for reading another edition of OPG Order Flow! If you would like to start trading with us be sure to use the link below and join in on the action!

We’ve won 53 of our last 55 credit spread trades and we are looking to keep it going!

Use the link below to get started.

See you inside!

-Caleb

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