$SPDR S&P 500 ETF Trust(SPY)$ Looking at the gamma and charm maps from OptionsDepth for day trading SPX and index futures. ES is currently trading around SPX 7445, which is a negative to positive gamma transition area on the gamma map. Above that level, it gets into increasingly supportive charm flows (negative charm). With MU earnings today, it might easily bring in enough initiative buyers to almost guarantee reaching 7500, and possibly higher. However, positive gamma does start getting denser around 7500, which could slow down price momentum if it gets there.
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