Want a Map Before the Open?
By Brandon Chapman, CMT
Hey trader,
Block Hunter does two jobs. Most traders only use one of them.
The institutional prints pull the attention because the dollar numbers are big.
But it’s the map sitting underneath them that actually tells you where any stock or ETF will hesitate, accelerate, and reverse during the session.
That map is built from gamma exposure, and it is in the data the night before the open.
And once you learn how to read and interpret it, you’ll have a complete roadmap to the market.
For example, today's SPY map carried three stacked levels.
- 728 was a floor.
- 730 was a magnet.
- 735 was a wall.

All three got respected on the tape.
They were visible before the bell rang because the math that creates them runs on yesterday's open interest, not today's price action.
You see, dealer positioning is fixed once the prior session closes.
Where SPY pins, breaks, and runs is already written into the options chain by the time you sit down for the open.
Now, let me show you how to find these levels.
Block Hunter is the same Console behind the institutional prints, but it is also the toolset that builds the daily gamma map. The flow tells you what is being put on. The map tells you where it lands.
The Console has lit up opportunities producing 375% on KSS in 13 days, 206% on PLUG in 5 days, and 100% on VFC in just 24 hours.
Click Here To Watch the Block Hunter Replay
Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA|SIPC|NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results.
No comments:
Post a Comment