On December 3, 2024, the SPX options market showed a strong call bias, particularly around the 6050 strike level. Notably, the top five volume strikes included calls at 6055 with 33.21K contracts, 6070 with 34.56K contracts, and puts at 6040 with 34.76K contracts. The 6050 call was highlighted as a significant focus for traders, with 35K volume transacted earlier in the day. Overall, the market dynamics indicated that the 6050 level acted as a magnet for price movement, with options traders closely monitoring the flows and open interest, particularly in the context of 0DTE (zero days to expiration) options. The final flow volume for the day confirmed that the call strike at 6050 played a critical role in pinning the SPX price, which was approximately 6050, or 6064.25 in ES_F terms.