OpenGammaIntelligence · Pre-Market

Edition · Thursday, July 9, 2026·Archived · 7d ago · historical·09 Jul 2026 13:58 UTC

NQPOSITIVE

Spot29872.00SessionINTRADAY

Dealer Regime

NDX_POSITIVE_0DTE_OPEN_FLIP

NetGEX $698Risk MODERATE

Opening Type

OPEN DRIVE UP

Conf 65%Day NEUTRAL

Share Card

Accuracy Ledger2 logged · 2 scored50% hit rateFull ledger ↓

Desk Thesis · 2026-07-09

NDX's premarket resistance break carried through the open and flipped its own dealer book from negative to positive gamma in a clean step-change; positive gamma now dampens further momentum, and spot is locally bracketed by a real antimagnet/magnet pair, favoring consolidation over the continuation case flagged premarket.

NDX flipped from negative to positive 0DTE gamma at the open (-$110.3M to +$697.8M), a clean step-change right at 13:33-13:38Z; spot now sits between a real vanna antimagnet just below (NQ 29860.75) and a real magnet just above (NQ 29901.85) — fade extremes inside that bracket and watch the dominant confluence at NQ 29825-29830 for a deeper pullback level.

Level Map

Confluence-ranked · distances from spot 29872.00

NDX

Level

Action · Distance

29907.09

CALL WALL2DTE call wall (nearest resistance)

WATCH+0.12% · conf 1

SPOT

NQ29872.00

NDX29872.00

Range 29606.20–30137.80

29829.98

CALL WALLDominant 0/7/21DTE call-side cross-rail confluence (prior pin zone, now support)

WATCH-0.14% · conf 3

29824.79

PUT WALLDominant 0/1/7/21DTE put-side cross-rail confluence (prior pin zone, now support)

WATCH-0.16% · conf 3

29722.08

GAMMA FLIPNDX native 7DTE Gamma Neutral

WATCH-0.50% · conf 2

29619.31

PUT FLOOR7DTE put wall (nearest support)

WATCH-0.85% · conf 1

29382.09

GAMMA FLIPNDX native 0DTE Gamma Neutral

WATCH-1.64% · conf 2

Level Reaction

Intraday tape · NQ · 2026-07-09

Loading session tape…

Greek Pressure

Dealer directional forces · next session

GAMMA

UP · 65

Flipped from negative to positive 0DTE gamma in a clean step at the cash open (13:33-13:38Z), 94% coverage, corroborated across the full 0-7DTE heatmap curve (all columns now positive).

VANNA

DOWN · 15

Small and negative post-open (was +484 flat all premarket) — a modest destabilizing shift at the aggregate level, but spot is locally bracketed by a real antimagnet (29861) below and magnet (29902) above.

CHARM

UP · 55

Surged ~70x at the same open step-change (was flat ~1,350-1,368 for hours premarket, now running 68K-107K) — real, coverage-consistent, not noise.

COLOR

DOWN · 15

Small and negative, in line with premarket direction but larger magnitude post-open.

VOMMA

DOWN · 25

Down from premarket's 4.69M as the vol backdrop settled slightly (VIX 17.09-17.53 range this morning vs 17 now).

Higher-Order

Second + third-order greeks

color

LATENT

-157.560

—

speed

LATENT

0.000

—

vomma

LATENT

1453288.720

—

zomma

LATENT

-0.008

—

IV Intelligence

Quadrant · skew · term structure

Regime Quadrant

Not captured

ATM IVUnavailable

IV Percentile—

Skew Pctile—

Skew ShapeREVERSE_SMIRK

Expected Daily MoveNot captured

Term Structure

Not captured

Term structure not captured for this sessionExpected: ivRegime.termStructure as array of IV fractions per tenor (front/mid/back).

Cross-Asset Confirmation / Component Confluence

PARTIAL · PARTIAL_ERROR · partial

Cross-asset confirmation was only partially available in this run. Keep the native futures map primary.

No usable ETF ratio levels or component zones were produced. This should reduce confidence in the overlay, not alter the native thesis by itself.

Secondary confirmation only. Native index and MCP levels remain primary. MCP-native individual stock Greek scans are unavailable; if component confluence is attached it was produced by the system-level Polygon overlay path and remains opt-in, secondary, and provisional rather than an executable native futures level. Component weights are static/proxy unless explicitly holdings-confirmed, beta may be defaulted to 1.0, and TOP_10 lists should not be treated as quantitatively ranked until liquidity plus holdings/beta calibration are implemented.

Native Levels Confirmed

0 matched levels

No direct native-level overlap was captured in this bounded cross-asset run.That weakens confirmation quality, but it does not replace the native futures map.

ETF Confirmation Levels

QQQ ratio-converted

No ETF ratio confirmations were retained.Missing ETF spot or source coverage can suppress this list on bounded runs.

Component Confluence Zones

Provisional only

No component confluence zones were retained.That can happen when contributor coverage is thin or the bounded runtime exits early.

Cautions

Quality-aware language

MCP-native individual stock Greek scans are unavailable. If component zones are attached, they come from the system-level Polygon overlay path and remain secondary/provisional to native index and MCP levels.
The overlay scan was partial because the runtime budget was hit or a source stage degraded. Treat absent confirmations as unknown, not bearish or bullish evidence.

Overlay Diagnostics

Runtime 11s

No converted levels or confluence zones were produced

LIGHTER_SELECTION_PATH: using static seed order for this overlay run to avoid a duplicate liquidity pre-scan before component resolution.
ETF_SOURCE: contracts:RATE_LIMITED
COMPONENT_SOURCE: Selected universe uses STATIC_SEED_FALLBACK and HOLDINGS_STALE until issuer/provider holdings adapters exist.
COMPONENT_SOURCE: Using static seed order for this run to avoid a duplicate liquidity pre-scan before component source resolution.
COMPONENT_SOURCE: NVDA: NVDA: contracts lookup via NVDA returned RATE_LIMITED (You've exceeded the maximum requests per minute, please wait or upgrade your subscription to continue. https://massive.com/pricing)
COMPONENT_SOURCE: AMD: AMD: contracts lookup via AMD returned RATE_LIMITED (You've exceeded the maximum requests per minute, please wait or upgrade your subscription to continue. https://massive.com/pricing)

LBF Status

Look-Below-And-Fail · conditions armed

NOT ARMED · 0/3 conditions

Tension Index

Accuracy Log

Outcomes · last 2 levels scored

Date	Symbol	Level	Predicted	Outcome	Notes
2026-04-20	NQ	DOMINANT ANCHOR@ 26831.00	FADE_AT	HELD	High print was 26827.00, four points shy of the 26831 anchor. The ceiling held and the contract closed back below at 26774.50.
2026-04-20	NQ	PUT FLOOR@ 26689.00	BUY_ON_TEST	ABSORBED	NQ broke below first support to 26593.75, but the move did not extend to 26499 structural support. The contract recovered and closed 26774.50, so the downside strike occurred but was ultimately absorbed.

Total Logged2

Scored2

Hit Rate50%

Best Level Type—