0DTE Options Dominate The S&P 500 - Try SpotGamma TRACE

✌️ Free class, TRACE The Market sign up: spotgamma.com/...
Options volumes have exploded and you can no longer afford to ignore their impact. Every trader needs a way to see exactly how 0DTE and all options flows are driving their returns, and the good news is - we have the answer. Introducing TRACE from SpotGamma. TRACE tracks all S&P options and displays their impact across simple bar charts and heatmaps.
Let’s take a look at August 26th. Right at the open, our strike plot revealed a very large call spread above 5660 and put spread below 5600 (Iron Condor). These positions should limit trading and act as resistance (5660) and support (5600) for the day.
So what happened? As trading got underway, the S&P tried briefly to go higher but immediately met resistance and headed sharply lower. Over the next few hours, the market repeatedly tested the 5600 zone, without breaking through it.
Next, our Charm filter showed the likelihood of a slight bounce higher to 5620. When the trading day ended, this is exactly where the S&P closed.
So now that you’ve seen the power of options you can’t go back to trading in the dark - join SpotGamma for a free class on TRACE September 24th to get your trading edge.
spotgamma.com/...
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Where Options Flow The Markets Go
Get started with SpotGamma here: bit.ly/3zj11ZO
SpotGamma is for stock traders, index traders, futures traders, and options traders who want high-caliber options data and clear, insightful analysis on what's really driving markets.
• Founder's Note with Expert Commentary
• Unique Support & Resistance Levels
• Daily Trading Ranges
• Index Charts with Key Levels
• Subscriber Q&A with SpotGamma Founder
• Online Office Hours for Traders of All Levels
• Delta, Vanna, & Gamma Models
• 0DTE Volume / Open Interest Indicator
• Monthly OPEX Analysis
• Trading Platform Integrations
• Discord Membership
•• Equity Hub
••• HIRO
••• Volatility Dashboard
Choose your plan and get started today: bit.ly/3zj11ZO
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Get started with SpotGamma today: spotgamma.com/...
*Note: This content is intended for general information and entertainment purposes only. No mention of company names, trading strategies or illustrative examples constitute investment advice. SpotGamma advises you to seek investment advice from a licensed professional.
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Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

[@RichBoy-dc2dq]

This is the exact try of tool i been waiting for. The layout is simple and easy to interpret for the layman.

[@spotgamma]

sweet! you’ll be able to test it out on Friday! tracethemarket.com

[@zo9fg]

Could you also go through how u came up with this model and the mechanism and assumptions behind it? Because it's v impt to set expectations and not market it as magical tool or it will lead to disappointment

[@spotgamma]

@@zo9fg we’re going over that on the webinar! to be clear: this is a market data tool - not a trading strategy. we monitor options trading to model dealer open interest and then estimate required hedging flow.

[@jeffvance1271]

Is the trace class going to be free on you tube?

[@spotgamma]

webinar is free - register for the link tracethemarket.com