Good Morning!

Yesterday was another profitable trading group for myself and the live alert members! We took a bull put spread later in the day and it profited $1,136.57 for me bringing my running profits up to $27,733.84. This makes 38 of our last 39 days a winning trading day inside of our trading group which is an insane run!

Want to start trading with us? I send out all of my trades in real time daily. You can join our community using the button below. I’ve gone ahead and applied a discount for the first month automatically!

SPY is down premarket for the 4th day in a row. Markets are not liking the jump in the PPI numbers this morning. PPI came in higher than expected and markets have sold off by more than a half percent based off of that news and what it means for future rate hikes. Negative gamma area begins at 759 and below. This is where more volatility and choppiness in the price action will begin. If price can reclaim 760 we will move into positive gamma and movements will be a little more controlled from that range and above. 4 straight red days hasn’t happened for a while on SPX/SPY. It appears we are headed that way unless something changes today when the market opens. As always I will wait for a live reading of gamma when the market opens to make my final call and go from there. Once we get a live reading it will help make the final judgement for how to trade for the day.

Thanks for reading another edition of OPG Order Flow! If you are ready to get in on the action with us use the link below to get signed up. I’ve gone ahead and applied a discount to your first month.

Talk soon!

-Caleb