Aug 12, 11:07 PM

S&P 500 ($SPX) Options Market Shifts to Calls Amid Declining Puts Last Week and 0DTE Activity

Recent analysis of the S&P 500 Index ($SPX) indicates a notable shift in market sentiment, with a decline in put options observed following a significant spike last week. While the market currently favors call options, it remains below historical averages. The index closed the previous week largely unchanged, despite a surge in out-of-the-money options that are now reflecting substantial mark-to-market losses. Additionally, the trading activity leading into the market close showed a preference for call options, with 0DTE (zero days to expiration) puts being sold and calls being bought, suggesting a short-term bullish sentiment among traders.

Written with ChatGPT (GPT-4o mini).

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SpotGamma@spotgamma
1 year ago
I wouldn't draw longer term implications from today's SPX move, as S&P Index flow was fully 0DTE. 0DTE puts were sold (light blue) and calls bought (orange). Compare those lines to all exp calls (orange) and puts (dark blue). https://t.co/GpAzhCTJkD
Kevin Green (KG), MSDA@KGBULLANDBEAR
1 year ago
Hitting $SPX flows into the close. Check it out. https://t.co/z2bw2UMwvd
The Chart Report@TheChartReport
1 year ago
Today's Chart of the Day was shared by @FrankCappelleri Click here to read more! https://t.co/bvRoGKDmeH $SPX https://t.co/dLNOatkz4Q

S&P 500 ($SPX) Options Market Shifts to Calls Amid Declining Puts Last Week and 0DTE Activity

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