Non-0DTE flows collapsing, as customers pile on Call and Put Sells -- stay away from SPX long

Read more

July 22 Update 3: SPX MVC now at 7520

July 22 Update 3: The SPX MVC has started to drift lower, as the large negative CEX starts to take its toll; PAM bails from 0DTE longs

July 22 Update 2: 7535–7550 Zone still the 0DTE target, but do not overstay 0DTE long positions

July 22 Update 1: SPX and SPX Most Valuable Contracts: 7535 and 749, respectively