Option Watch
Options insights
SPY Zero-Day Max Pain Holds at 770.00 Above Spot 763.28
Zero-Day Expiry Structure SPY max pain for the 16 Oct 2026 expiry sits at 770.00 because that strike minimises aggregate option market value at 897902812…
VIX Spikes 21.45 Percent to 19.99 Resetting Regime
VIX Spot Dynamics and Drivers VIX rose 3.53 points to 19.99 which means the market has shifted from calm to fear pricing in one session…
VIX Falls to 16.46 as Front Curve Prices Nine-Day Calm
VIX Spot Dynamics and Drivers VIX fell 2.43 percent to 16.46 because the session low reached 16.34 which means near term fear eased from the…
VIX Spikes 10.48 Percent to 16.87 Signalling Equity Fear Rise
Spot VIX Movement and Immediate Drivers VIX rose 1.6 points or 10.48 percent to 16.87 from the prior close of 15.27 which means short term…
SPY 777.00 Max Pain Pin Compresses 0 DTE Gamma Flows
Zero-DTE Max Pain Alignment SPY settles at 777.93 against the 777.00 max pain strike on the 13 Oct 2026 expiry which places the index 0.93…
VIX Steady at 15.27 Keeps Contango and Low Regime Intact
Spot VIX and Daily Movement VIX closed at 15.27 after a 0.39 percent gain which means the index stayed inside its daily range of 15.17…
SPY Pins 2.01 Points Above 776 Max Pain on Zero-Day Expiry
Zero-Day Expiry Pin at 776.00 SPY settles at 778.01 against the 776.00 max pain strike on the Oct 12 2026 expiry which leaves the index…
VIX Holds 15.21 as Term Structure Prices Near-Term Calm
Spot VIX and Daily Move VIX closed at 15.21 after a 2.49 percent rise which means the index remains below its 5 day average of…
VIX at 15.4 Holds Contango as Whale Calls Extend Calm
Current Volatility Snapshot VIX prints at 15.41 after a 2.19 percent rise from the prior close of 15.08. This level sits just above the five…
SPY Pins Tight to 778 Max Pain on Zero-Day Expiry
Zero-Day Pinning Mechanics in Focus SPY settled at 776.97 against the 778 max pain strike for the 7 October 2026 zero-day expiry. The one-point gap…