🔮 GEX (Gamma Exposure) – Options Sentiment Overview
🔥 PUT Dominance at 452 – Market on the Edge
* QQQ is trading directly at the highest negative NET GEX level at 452.31, marking it as the PUT trigger zone.
* A breakdown below 452 opens the gates toward 450, where the 2nd PUT Wall (-13.23%) adds further downside acceleration.
* This is a high-risk gamma zone: dealers are short gamma and could fuel a liquidation flush if price stays under 452.
🧱 CALL Walls Stack from 456–463
* The nearest CALL resistance zone sits between 456–458, topped by 461–463, all stacked with hedging activity.
* Strongest net positive GEX (gamma ceiling) sits around 458–460, aligning with macro rejection zones.
📊 Options Sentiment Snapshot:
* IVR: 46.7 → Moderate volatility, but still supportive of fast swings.
* IVx avg: 34.8, down –11.25%, showing vol is compressing while risk increases — dangerous combo.
* PUTs 67.6% → Overwhelmingly PUT-heavy environment, a signal of dealer short gamma pressure — one move down can feed the next.
🎯 GEX Implications:
* Break below 452 → Expect momentum to ramp toward 450 → 448 → 440 range.
* Bounce off 452 → Needs strong reclaim of 456–458 to reverse gamma flow — very difficult without macro help.
🕰️ 1-Hour Technical Analysis
Structure:
* QQQ broke down from an ascending wedge and is now retesting prior support at 452.47.
* Price is below all EMAs and losing VWAP — confirms bearish control.
Indicators:
* MACD: Weak and diverging bearishly — no sign of reversal strength.
* RSI: Dipping under 40, near oversold, but no bullish divergence visible yet.
Key Levels to Watch:
* Support: 452 → 450 → 448 → 440
* Resistance: 456 → 458 → 464.98
🧠 Final Thoughts:
QQQ is sitting on the edge of a gamma trap at 452. With PUTs dominant and technicals confirming weakness, there’s a real risk of continued slide toward 450–448 or lower if bulls can’t reclaim the 456 zone quickly.
GEX suggests heavy dealer hedging is active — so expect volatility, and prepare for a momentum spike if 452 fails.
This is not financial advice. Always trade with risk management, and let price action confirm your plan before executing.
🔥 PUT Dominance at 452 – Market on the Edge
* QQQ is trading directly at the highest negative NET GEX level at 452.31, marking it as the PUT trigger zone.
* A breakdown below 452 opens the gates toward 450, where the 2nd PUT Wall (-13.23%) adds further downside acceleration.
* This is a high-risk gamma zone: dealers are short gamma and could fuel a liquidation flush if price stays under 452.
🧱 CALL Walls Stack from 456–463
* The nearest CALL resistance zone sits between 456–458, topped by 461–463, all stacked with hedging activity.
* Strongest net positive GEX (gamma ceiling) sits around 458–460, aligning with macro rejection zones.
📊 Options Sentiment Snapshot:
* IVR: 46.7 → Moderate volatility, but still supportive of fast swings.
* IVx avg: 34.8, down –11.25%, showing vol is compressing while risk increases — dangerous combo.
* PUTs 67.6% → Overwhelmingly PUT-heavy environment, a signal of dealer short gamma pressure — one move down can feed the next.
🎯 GEX Implications:
* Break below 452 → Expect momentum to ramp toward 450 → 448 → 440 range.
* Bounce off 452 → Needs strong reclaim of 456–458 to reverse gamma flow — very difficult without macro help.
🕰️ 1-Hour Technical Analysis
Structure:
* QQQ broke down from an ascending wedge and is now retesting prior support at 452.47.
* Price is below all EMAs and losing VWAP — confirms bearish control.
Indicators:
* MACD: Weak and diverging bearishly — no sign of reversal strength.
* RSI: Dipping under 40, near oversold, but no bullish divergence visible yet.
Key Levels to Watch:
* Support: 452 → 450 → 448 → 440
* Resistance: 456 → 458 → 464.98
🧠 Final Thoughts:
QQQ is sitting on the edge of a gamma trap at 452. With PUTs dominant and technicals confirming weakness, there’s a real risk of continued slide toward 450–448 or lower if bulls can’t reclaim the 456 zone quickly.
GEX suggests heavy dealer hedging is active — so expect volatility, and prepare for a momentum spike if 452 fails.
This is not financial advice. Always trade with risk management, and let price action confirm your plan before executing.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.