Oct. 31 -- all large magnets are above current SPX spot (6875, 6900); watch for that strong support at 6840
Oct. 30: Critical Update No. 1 -- A positive-to-negative gamma shift transforms the uptick into a volatile, roll-of-dice trade
Oct. 30: Upside bias to 6890 - 6900 magnets/caps early, but thin support at 6835 makes the downside dangerous in late NY trade
Oct. 29: Update No. 1 -- new 0DTE set-up NOT a pin any longer -- this is a SLINGSHOT setup! Negative GEX at spot + positive GEX nearby = sharp upside movement expected
Oct. 29: it's SPX 6915 - 6890 range-trade "pin" ahead of the FOMC decision; the upside breakout risk is 6925
Oct. 28: Update No. 1 -- SPX 6895 still functions as magnet, strong cap; but downside opens up with breach of 6880
Oct. 27: Update No. 2 -- upside is capped at 6880 today; rapidly decaying charm after 2:30 PM EST (NY time) provides better odds for the downside