1️⃣ Options Gamma Overview (1‑Hour GEX Layout)
* Strongest gamma/call resistance lies between 175–185, with ~60% at the second call wall (~176) and ~48% at the third (~180).
* IV is depressed (~18 vs 38 avg), making options cheap and directional moves more potent.
* GEX shows slight call-lean (~15% call gamma), marginally skewing toward upside pressure.
* Strategy idea: Consider short-dated call spreads just above 175 if price breaks that area with conviction—or layer put spreads below ~$172 if it fails and starts descending.
2️⃣ 15-Minute Chart Snapshot & Market Structure
* Recent higher low formed around 171–172, marking a valid setup region (green zone).
* Resistance cluster (“purple box”) spans 176–178, the recent breakout area and clear boss zone.
* Trendline from swing low is ascending and currently aligns with price (~175), reinforcing that level.
* Bias: Cautiously bullish if it holds above 175. Break above 178–180 unlocks uptrend. Breakdown below 174 invalidates and targets 171.
3️⃣ Trade Plans & Execution
* Bullish (preferred if conditions align):
* Entry: Buy 5DTE call spread triggered by a clean break above 175–176.
* Targets: 180 and 185 gamma resistance.
* Stop: Below 174 (trendline breach).
* Bearish Hedge:
* Entry: Buy put spread if price fails below trendline and dips <174.
* Target: 172 area (green zone), stop above 175.
🧠 Rationale
* Gamma walls present key inflection points—176 and 180 deserve respect as barriers or launchpads.
* Low IV environment reduces premium cost and quickens directional moves.
* Structure + trend alignment: Ascending higher lows suggest bullish lean—but must prove itself above resistance.
🚨 Disclaimer This is for educational purposes—not financial advice. Options incur risk and may result in total loss. Trade with discipline—use proper position sizing, stop-losses, and awareness of volatility events and upcoming catalysts.
* Strongest gamma/call resistance lies between 175–185, with ~60% at the second call wall (~176) and ~48% at the third (~180).
* IV is depressed (~18 vs 38 avg), making options cheap and directional moves more potent.
* GEX shows slight call-lean (~15% call gamma), marginally skewing toward upside pressure.
* Strategy idea: Consider short-dated call spreads just above 175 if price breaks that area with conviction—or layer put spreads below ~$172 if it fails and starts descending.
2️⃣ 15-Minute Chart Snapshot & Market Structure
* Recent higher low formed around 171–172, marking a valid setup region (green zone).
* Resistance cluster (“purple box”) spans 176–178, the recent breakout area and clear boss zone.
* Trendline from swing low is ascending and currently aligns with price (~175), reinforcing that level.
* Bias: Cautiously bullish if it holds above 175. Break above 178–180 unlocks uptrend. Breakdown below 174 invalidates and targets 171.
3️⃣ Trade Plans & Execution
* Bullish (preferred if conditions align):
* Entry: Buy 5DTE call spread triggered by a clean break above 175–176.
* Targets: 180 and 185 gamma resistance.
* Stop: Below 174 (trendline breach).
* Bearish Hedge:
* Entry: Buy put spread if price fails below trendline and dips <174.
* Target: 172 area (green zone), stop above 175.
🧠 Rationale
* Gamma walls present key inflection points—176 and 180 deserve respect as barriers or launchpads.
* Low IV environment reduces premium cost and quickens directional moves.
* Structure + trend alignment: Ascending higher lows suggest bullish lean—but must prove itself above resistance.
🚨 Disclaimer This is for educational purposes—not financial advice. Options incur risk and may result in total loss. Trade with discipline—use proper position sizing, stop-losses, and awareness of volatility events and upcoming catalysts.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.