SPX cockpit · Thu, Nov 12 · OI-derived levels
SPX was last read Thursday, Nov 12 in a Wide condition, 1 points below the Flip Line.
Wide means spot is below the Flip Line, where dealer hedging (est.) tends to add to moves. Calm means above it, where hedging tends to damp them.
-1.19pts
0.0% below the Flip Line 7,593.59 (est.)Spot 7,592.40 as of Nov 12, 2026, 4:05 PM ET; Flip Line as of Nov 12, 2026, 8:15 AM ETConditions no readVolno readTrendno readBreadthno readMomno readMacrono readWaiting for the first conditions reading.
7,500Put wall · Nov 12, 2026, 8:15 AM ET
7,592.40Spot · Nov 12, 2026, 4:05 PM ET
7,593.59Flip Line · Nov 12, 2026, 8:15 AM ET
7,621.31Swing Line · Nov 12, 2026, 8:15 AM ET
7,700Call wall · Nov 12, 2026, 8:15 AM ET
7,400 · Below the Flip Line: WideAbove the Flip Line: Calm · 7,900
SpotFlip LineSwing LineCall wallPut wallBelow the Flip Line: WideAbove the Flip Line: CalmImplied 1 day range, est.
Levels as of Nov 12, 2026, 8:15 AM ET, from open interest settled Nov 11, 2026. Net dealer gamma -$2.78B est. covers the whole SPX chain: 21,594 option series (one per strike, expiry and side) across every listed expiry, priced once at Nov 12, 2026, 8:15 AM ET with SPX at 7,619.38.
About this book and its method
These are model-derived estimates from the dated option book, not realtime measurements. Flip Line and Swing Line are computed prices; call and put walls are selected strikes. The largest single gamma strike is a separate measure, not a wall. See the full GEX page for the book and methodology. Method ID: d2dt_gex_v2, version gex_v2.
SPX levels and the change from the prior session. Free, no account.
Open Morning levelsSPX Wide
Spot 7,592.40as of Nov 12, 2026, 4:05 PM ET
Put 7,500
Spot
Flip 7,593.59
Swing 7,621.31
Call 7,700
Below the Flip Line -1.19 pts0.0%, Flip Line 7,593.59, Nov 12, 2026, 8:15 AM ET
Conditions no readTop conviction
Loading the latest reading
Open interest change
+7.74M contracts net overnight. Calls +4.92M, puts +2.83M.
Settled Nov 5, 2026 vs Nov 4, 2026
Calls
1.71M closed, 6.63M opened
Puts
Hatched: closed. Solid: opened.3.35M closed, 6.18M opened
| Biggest adds | Contract | Change |
|---|---|---|
| NVDA | Dec 18, 2026 80 put | +147.11K |
| KWEB | Jan 15, 2027 27 call | +100.75K |
| NVDA | Dec 18, 2026 120 put | +95.59K |
Options flow, last capture
Calls hold 53% of $6.09B est. premium across 854 name, expiry and side cells. QQQ is busiest at $1.32B est.
Captures from Nov 6, 2026, 12:03 PM ET to Nov 6, 2026, 12:07 PM ET
Calls 53%, $3.23B est.Puts 47%, $2.86B est.
1 to 3 mo
$1.53B est., 25%
3 mo plus
$1.47B est., 24%
Same day
$1.43B est., 23%
1 to 3 wk
$1.04B est., 17%
This week
$633.64M est., 10%
| Name | Expiry | Side | Traded | Volume | Vol/OI | Est. premium | As of |
|---|---|---|---|---|---|---|---|
| META | 1-3-months | call | no read | no read | no read | $362.81M est. | Nov 6, 2026, 12:06 PM ET |
| QQQ | 0dte | put | no read | no read | no read | $261.76M est. | Nov 6, 2026, 12:04 PM ET |
| SPY | 0dte | call | no read | no read | no read | $260.28M est. | Nov 6, 2026, 12:07 PM ET |
| SPY | 0dte | put | no read | no read | no read | $229.37M est. | Nov 6, 2026, 12:07 PM ET |
| TSLA | 0dte | call | no read | no read | no read | $156.97M est. | Nov 6, 2026, 12:06 PM ET |
| QQQ | 0dte | call | no read | no read | no read | $143.63M est. | Nov 6, 2026, 12:04 PM ET |
| QQQ | 1-3-months | put | no read | no read | no read | $100.50M est. | Nov 6, 2026, 12:04 PM ET |
| NVDA | 0dte | put | no read | no read | no read | $78.66M est. | Nov 6, 2026, 12:07 PM ET |
| NVDA | 3-months-plus | call | no read | no read | no read | $76.45M est. | Nov 6, 2026, 12:07 PM ET |
| QQQ | 1-3-weeks | put | no read | no read | no read | $74.93M est. | Nov 6, 2026, 12:04 PM ET |
| NVDA | 3-months-plus | call | no read | no read | no read | $65.43M est. | Nov 6, 2026, 12:07 PM ET |
| SPY | this-week | put | no read | no read | no read | $64.58M est. | Nov 6, 2026, 12:07 PM ET |
| QQQ | this-week | put | no read | no read | no read | $63.53M est. | Nov 6, 2026, 12:04 PM ET |
| QQQ | 1-3-months | call | no read | no read | no read | $63.21M est. | Nov 6, 2026, 12:04 PM ET |
| SPY | this-week | call | no read | no read | no read | $61.38M est. | Nov 6, 2026, 12:07 PM ET |
| QQQ | 1-3-months | put | no read | no read | no read | $56.08M est. | Nov 6, 2026, 12:04 PM ET |
| AMD | 3-months-plus | put | no read | no read | no read | $54.72M est. | Nov 6, 2026, 12:06 PM ET |
| QQQ | this-week | call | no read | no read | no read | $48.88M est. | Nov 6, 2026, 12:04 PM ET |
| TSLA | 1-3-weeks | call | no read | no read | no read | $47.77M est. | Nov 6, 2026, 12:06 PM ET |
| NVDA | 1-3-weeks | call | no read | no read | no read | $47.24M est. | Nov 6, 2026, 12:07 PM ET |
Squawk box
Loading the latest reading
Relative rotation, 20 sessions
Consumer Discretionary leads the 20 session rotation at 110.5, where 100 is average. As of Nov 6, 2026 close, Technology funds led, +1.91%.
As of Nov 5, 2026 close
Real Estate (1 stock)
112.2
Consumer Discretionary
110.5
Utilities
110.1
Consumer Staples
109.8
5 sectors between, not shown
Technology
98.0
Energy
97.8
Movers and spikes