Intraday chart

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Intraday

Intraday price boundaries are dynamically calculated from the options market's real-time pricing of uncertainty. As IV shifts through the day, the bands tighten or widen to reflect what the market is paying for protection at each hour.

Use this chart to assess whether the current price move is routine (within bands) or unusual (approaching or exceeding them). Moves beyond the outer bands in the first half of the session are often mean-reverting. Moves that close near the outer band are more likely to persist.

Greek Exposure · SPX POSITIVE EXPOSURE
SPOT 7,610 FLIP 7,564 Γ +34.09B V +10.15B Χ +11.43B VOM +4898.11B Σ +55.66B

Long gamma at 7,610; flip 7,564. Combined net +55.66B at spot.

Greek Exposure · SPX chart
Volatility Summary VOL TRANSITION
VIX 15.8 LEVEL VOL MID-RANGE VRP PREMIUM NORMAL SKEW TAIL PREMIUM NORMAL VVIX CONVEXITY NORMAL CORR CORRELATION FRAGMENTED

VIX 15.8 (17th pct vs 1Y) — vol mid-range. System composite: vol transition. VRP premium normal; skew tail premium normal; VVIX/VIX convexity normal; correlation correlation fragmented.

Volatility Summary chart
Macro Compass Q2 REFLATION
QUAD Q2 FROM Q3 STAG GROWTH +0.6% INFLATION +0.2% GROWTH Δ ACCELERATING INFL Δ ACCELERATING

Quad 2 — REFLATION. Growth is accelerating (+0.6%) while inflation is accelerating (+0.2%). Reflation from Stagflation — growth is turning up while inflation remains elevated. Relief-rally setup for cyclicals, though sticky prices keep policy cautious and multiples capped.

Macro Compass chart
Credit Stress WIDE
HYG/LQD 0.73 Z-SCORE -1.7σ SIGNAL CAUTION

Credit spreads today (2026-06-02): the HYG/LQD ratio is 0.7336, with duration-residual z-scores of -1.67σ over 1 year and +0.77σ over 3 years. Spread regime WIDE (day 1) maps to a CAUTION credit read.

Credit Stress chart