• If SPY closes above $775 flip on NFP beat and holds through Friday CPI print → gamma shorts covering creates self-reinforcing long squeeze, flipping regime to positive gamma dominance across the 5/8 tickers.
• If QQQ breaks below $717 support on weak jobs data and closes sub-$710 → mechanical dealer deleveraging accelerates, forcing NVDA and AAPL below their $207.50 and $307.50 flips where negative gamma convexity compounds selloff momentum.
• If NVDA alone rallies to $230+ before CPI while SPY/QQQ remain range-bound → gamma structure becomes internally fragmented, with mega-cap tech decoupling from broader negative gamma regime and signaling sector-specific liquidity reallocation rather than macro-driven reversal.
| Ticker | Spot | GEX regime | IV rank |
|---|---|---|---|
| SPY | $769.07 | negative | 91% |
| QQQ | $717.16 | negative | 91% |
| NVDA | $219.58 | positive | 70% |
| AAPL | $312.74 | positive | — |
| MSFT | $498.58 | positive | — |
| AMD | $489.28 | negative | — |
| TSLA | $320.45 | negative | — |
| META | $589.15 | negative | — |
No notable patterns detected today.
| Date | Event | Type |
|---|---|---|
| 2026-08-07 | 💼 NFP Jobs Report | nfp |
| 2026-08-13 | 📊 CPI Release | cpi |
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