SPY is now Gamma positive which suggests that dealers should buy into dips.

JANX- pausing at the trendline here... 

SPY Gap fill. Following Gamma Exposure for 0DTE... felt ripe for 671/672

See 25 Aug post  . Can't catch 'em all...

CDTX! Up >100% on Merck buyout!

NVDA $188.22 

Seemed pretty far away at 12:20pm

And those $0.73's I closed earlier for a solid $$$. Ended the day at $5.70

Gamma Exposure - Been playing with Gamma Exposure to assign target levels that a stock is likely to close at on opex days based upon obvious put/call walls. 

Today i took a trade in NVDA based on the likelyhood of where MMs might want the stock to close (causing max pain for put/call buyers). I decided the ideal level would be above 187.5 and below 190 (Sweet Spot), hurting the most put AND call holders.

Bought the breakout around 12:20pm for $0.73 using a $182.5 call.
Monitored resistance levels as it pushed up. It paused at $182.50, and $185, predictably.
Exited position  as it backed off $185, around $2.25. 

It may push higher but that's a nice little Friday bonus for me.

Curious if anyone else had used Gamma Levels like this on opex days (or if i just got lucky)?

JANX- Gap filled - potential reversal candle

SPY- Feels like the symmetry break (-26 pts) is fighting with the trend line right here. I see a much stronger convergence of support down around $645 

KRMN - Got whacked overnight. Record revenue and profit but cautious outlook for '26. Had a heck of a run.

JANX - Beat on earnings today. -0.39 vs -0.60

HIMS- don't love that this broke the 2-year trendline... but it did test and bounce off the 50% Fib.

LEU- got rocked on earning miss. Quite a move outside the BB's... $34 spinning top. Clawing back some.

NVDA - looking like a nice H&S in the making...

SPY - Put wall at $670, Gamma negative

Whoops...

ELF- Getting clobbered on earnings. $105 puts up 1400%

PLTR - Earnings after close today...

Saw the Amazon news... can anyone explain to me how Amazon supplies another companies (NVDA) chips to a third party (OpenAI)? 

Is it just that OpenAI will use AWS and therefore use Amazons NVDA Chips on those servers?

682 close... Gamma wins again