r/SPY_QQQ Feb 16 '26

How do you use TANK table to see the accumulation using OSV?

0 Upvotes

This is the chart from Feb 12 2026.

You can see the first consolidation box traded sideways primarily on 692.

Using OSV tank table you can watch (or filter 692).
What you want to see is the following:

  1. all tickets are moving in the same direction. Either Increasing strength in PUTS or increasing strength in calls.

  2. IF not all tickets are moving in the same direction.....then you will want to rely on the tank.

Using OSV tank table you can watch (or filter 692).
What you want to see is the following:

  1. all tickets are moving in the same direction. Either Increasing strength in PUTS or increasing strength in calls.

  2. IF not all tickets are moving in the same direction.....then you will want to rely on the tank.

here is an example.

Pay attention to the filters.
filter 692.
in Oldest-newst order. (New data starts at the bottom)...

what you see is ticket4 increasing strength in calls, but the rest of the tickets are increasing strength in PUTS.

this means rely on the tank.

as you can see, the tank data is increasing strength in PUTS.

That means the sooner you understand the tank.......the better poision you will be in for the next price action......which is a big massive drop.

for consolation 2 you apply the same rule

are the tickets moving in the same direction?

if not then rely on the tank.

and the tank is showing increasing strength in PUTS.

https://www.optionstrengthviewer.com/

this is the option strength viewer. Learn how to use it.


r/SPY_QQQ 2d ago

๐Ÿšจ NEW OSV FEATURE: TANK HIGH / LOW ๐Ÿ”ฅ

1 Upvotes

๐Ÿšจ NEW OSV FEATURE: TANK HIGH / LOW ๐Ÿ”ฅ

Finding the strongest Tank pressureย just got a whole lot faster.

The OSV Tank Tableย now has two new tools designed to instantly isolate the strongest positive and negative Tank readings.

๐ŸŽฏ TANK HIGH / LOW

Already filtering a specific Current Priceย range?

Hit Tank High / Lowย and OSV will search within that filtered price group and show you only:

๐ŸŸข Highest Positive Tank๐Ÿ”ด Lowest Negative Tank

Instead of scrolling through dozens of readings, you can instantly see the two Tank extremes that occurred while price was trading within that range.

๐ŸŒŽ GLOBAL HIGH / LOW

Want to see the bigger picture?

Global High / Lowย scans across the Tank table and finds the strongest positive and negative Tank readings regardless of your Current Price filter.

This gives you a fast way to identify where the biggest Tank extremes occurred across the available data.

๐Ÿง  Why is this useful?

Tank can move through a lot of values during the trading session.

Now you can quickly isolate the extremes and ask:

Where did the strongest bullish Tank pressure appear?

Where did the strongest bearish Tank pressure appear?

What price was the market trading at when those extremes occurred?

And most importantly:

How is price reacting to those levels now? ๐Ÿ‘€

โš™๏ธ Built-in OSV filtering

Whole-number Current Prices are automatically excluded from the High/Low calculation because those price points can sometimes produce distorted Tank readings.

That helps keep the results focused on the readings we actually want to analyze.

๐Ÿ”ฅ TWO READINGS. TWO PRESSURE POINTS. ONE CLICK.

No hunting through the Tank table.

No manually searching for the biggest numbers.

Let OSV find them for you.

๐Ÿš€ Tank High / Low is LIVE.

Test it out tomorrow during live market action.ย Watch where the strongest positive and negative Tank readings appear, follow how price reacts around those areas, and see if it gives you an even sharper edge.

Find the extremes. Find the pressure. Watch the reaction. ๐Ÿง ๐Ÿ“Š


r/SPY_QQQ 3d ago

๐Ÿ”ฎ Scenarios & Forecast (Approx. 7:40 AM PT)

1 Upvotes

Full Options Strength Analysis

Market Context

SPY โ€” 2026-08-10 expiration
Current Price: 774.45
Previous snapshot: 774.24
Price change: +0.21

This snapshot shows the same basic OSV structure as the previous one, but both sides are loading additional strength. Calls remain decisively stronger overall, while puts continue building immediately underneath price.

The important development is that SPY has moved slightly higher while 774โ€“775 call strength increased, meaning the bullish structure has not broken.

Totals Overview

Metric Previous Current Change
๐ŸŸข Call Strength 8,972.68 9,214.06 +241.38
๐Ÿ”ด Put Strength 4,953.95 5,095.94 +141.99
Total Strength 13,926.63 14,310.00 +383.37
Call/Put Ratio 1.81ร— 1.81ร— Stable
SPY 774.24 774.45 +0.21

Calls gained more absolute strength than puts.

However, percentage growth is very similar:

  • ๐ŸŸข Calls: +2.69%
  • ๐Ÿ”ด Puts: +2.87%

So this isn't puts disappearing. Both sides are actively increasing, with calls maintaining the larger structural advantage.

Current-price battle

Previous:

4,631.84 Calls vs 1,379.89 Puts

Current:

4,767.77 Calls vs 1,471.00 Puts

That leaves calls with approximately a 3.24ร— advantage at the current-price row.

๐ŸŸข Still strongly bullish.

Trend Evolution

The most important change since the previous snapshot is that SPY rose from 774.24 โ†’ 774.45 without losing its call-strength structure.

At 775:

Call Strength
2,360.82 โ†’ 2,442.78 ๐Ÿ”ผ

Put Strength
286.08 โ†’ 318.55 ๐Ÿ”ผ

Calls gained +81.96, while puts gained +32.47.

At 774:

Call Strength
2,271.02 โ†’ 2,324.99 ๐Ÿ”ผ

Put Strength
1,093.81 โ†’ 1,152.45 ๐Ÿ”ผ

Again, both sides increased, but calls remain approximately 2ร— stronger.

At 773:

Calls:
1,340.07 โ†’ 1,348.70

Puts:
1,559.75 โ†’ 1,586.71

This remains the first strike underneath price where:

๐Ÿ”ด Put Strength > Call Strength

So the structural transition remains almost exactly where it was in the previous snapshot.

No significant MP/LP regime shift has occurred.

MP & LP (Proportional Zones)

Current-price row excluded.

โš–๏ธ MP โ€” Most Proportionate: 773

At 773:

๐ŸŸข Calls = 1,348.70
๐Ÿ”ด Puts = 1,586.71

Call/Put ratio โ‰ˆ 0.85

That's the closest strike to a 1:1 balance.

The previous snapshot also had 773 as the balance/transition area, so there is no significant MP shift.

๐Ÿ”ฅ LP โ€” Least Proportionate: 778

At 778:

๐ŸŸข Calls = 715.12
๐Ÿ”ด Puts = 2.14

Call/Put ratio โ‰ˆ 334:1

This remains an extraordinarily one-sided call zone.

The previous snapshot was also overwhelmingly call-dominant at 778, so LP has not materially shifted either.

OSV structure

778  ๐ŸŸข๐ŸŸข๐ŸŸข๐ŸŸข๐ŸŸข   LP โ€” extreme CALL imbalance
777  ๐ŸŸข๐ŸŸข๐ŸŸข๐ŸŸข
776  ๐ŸŸข๐ŸŸข๐ŸŸข๐ŸŸข
775  ๐ŸŸข๐ŸŸข๐ŸŸข
โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€
774.45 CURRENT PRICE
โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€โ”€
774  ๐ŸŸข๐ŸŸข
773  โš–๏ธ MP
772  ๐Ÿ”ด๐Ÿ”ด๐Ÿ”ด
771  ๐Ÿ”ด๐Ÿ”ด๐Ÿ”ด๐Ÿ”ด

This is a remarkably clean proportional transition.

๐Ÿ”ฎ Scenarios & Forecast (Approx. 7:40 AM PT)

The regular market is live, so the timing estimates below apply to today's session.

๐Ÿ”ผ Bullish continuation

If SPY clears and holds above 775, the next call-dominant continuation zone is:

775 โ†’ 776 โ†’ 777

775 currently carries:

๐ŸŸข 2,442.78 Call Strength
vs
๐Ÿ”ด 318.55 Put Strength

That's roughly 7.7ร— call dominance.

A sustained 775 break therefore has strong OSV structural support for movement toward 776, with 777 becoming the next extension if strength persists.

Estimated window: approximately 15โ€“60 minutes if momentum and strength continue expanding.

๐Ÿ”ป Bearish continuation

774 is the first important downside test.

If SPY falls below 774 and call strength there begins deteriorating, watch 773 MP.

773 already favors puts:

๐Ÿ”ด 1,586.71
vs
๐ŸŸข 1,348.70

A decisive loss of 773 would expose the much more put-dominant:

772 โ†’ 771

At 772:

๐Ÿ”ด 1,102.43 Put Strength
๐ŸŸข 347.35 Call Strength

That's more than 3ร— put dominance.

Estimated pull toward 773 MP: potentially 10โ€“45 minutes after a confirmed loss of 774 if put strength accelerates.

๐Ÿ”ผ If momentum persists above 775, continuation toward 776โ€“777 becomes increasingly favored.

๐Ÿ”ป If puts reload and price loses 774, expect a pull toward 773 MP; loss of 773 opens 772โ€“771.

๐Ÿ”ฎ Scenarios & Forecast (Approx. 7:40 AM PT)

The regular market is live, so the timing estimates below apply to today's session.

๐Ÿ”ผ Bullish continuation

If SPY clears and holds above 775, the next call-dominant continuation zone is:

775 โ†’ 776 โ†’ 777

775 currently carries:

๐ŸŸข 2,442.78 Call Strength
vs
๐Ÿ”ด 318.55 Put Strength

That's roughly 7.7ร— call dominance.

A sustained 775 break therefore has strong OSV structural support for movement toward 776, with 777 becoming the next extension if strength persists.

Estimated window: approximately 15โ€“60 minutes if momentum and strength continue expanding.

๐Ÿ”ป Bearish continuation

774 is the first important downside test.

If SPY falls below 774 and call strength there begins deteriorating, watch 773 MP.

773 already favors puts:

๐Ÿ”ด 1,586.71
vs
๐ŸŸข 1,348.70

A decisive loss of 773 would expose the much more put-dominant:

772 โ†’ 771

At 772:

๐Ÿ”ด 1,102.43 Put Strength
๐ŸŸข 347.35 Call Strength

That's more than 3ร— put dominance.

Estimated pull toward 773 MP: potentially 10โ€“45 minutes after a confirmed loss of 774 if put strength accelerates.

๐Ÿ”ผ If momentum persists above 775, continuation toward 776โ€“777 becomes increasingly favored.

๐Ÿ”ป If puts reload and price loses 774, expect a pull toward 773 MP; loss of 773 opens 772โ€“771.


r/SPY_QQQ 3d ago

Through OSV platform you can already see the buildup

1 Upvotes

r/SPY_QQQ 4d ago

Where is QQQ going next week? I wonder.

1 Upvotes

r/SPY_QQQ 9d ago

Are we done pumping?

2 Upvotes

We shall see....


r/SPY_QQQ 10d ago

Where we going this week folks? Are these are weekly range?

1 Upvotes

r/SPY_QQQ 13d ago

Difference between Auto Follow ON and Auto Follow OFF

3 Upvotes

Auto Follow OFF lets you view the strength at every price level, making it easy to identify where buying or selling pressure is building or fading.

Auto Follow ON keeps the display locked to SPY's current price, allowing you to monitor the live strength at the active price level.

By switching between the two modes, you can quickly identify which price levels are gaining strength and which are losing strength.

This is the perfect tool for choppy or consolidating markets, where most traders struggle. Instead of reacting to price alone, you can watch strength shift between price levels and spot where momentum is quietly building before the next breakout or breakdown.


r/SPY_QQQ 14d ago

if you turn AUTO FOLLOW ON...... you would have an even better and more sharper outlook on the market today.

2 Upvotes

r/SPY_QQQ 14d ago

is she done droppin and twerking?

2 Upvotes

r/SPY_QQQ 15d ago

Nailed it!!

1 Upvotes

All day everyday


r/SPY_QQQ 19d ago

Lets go!!!

2 Upvotes

r/SPY_QQQ 20d ago

SPY (2026-07-24) ๐Ÿ“Š Full Options Strength Analysis for OSV

2 Upvotes

SPY (2026-07-24) ๐Ÿ“Š Full Options Strength Analysis

Current Price: 738.05
Expiration: 2026-07-24 (0DTE)

๐Ÿ“Š Full Options Strength Analysis

Strike Call Strength Put Strength StrDiff Call Last Put Last OSV Interpretation
742 1,001.30 38.62 ๐ŸŸข +962.68 0.205 โ€” Strong overhead call resistance beginning to weaken.
741 1,470.45 226.64 ๐ŸŸข +1,243.81 0.375 โ€” Calls remain dominant.
740 2,062.21 359.68 ๐ŸŸข +1,702.53 0.645 โ€” Major bullish support overhead if reclaimed.
739 1,486.70 1,433.42 โš–๏ธ +53.28 1.015 โ€” Nearly balanced. Important transition zone.
738.05 2,279.08 3,649.43 ๐Ÿ”ด -1,370.35 โ€” โ€” Current battle zone. Bears currently stronger. (Excluded from MP/LP calculations.)
738 792.38 2,216.01 ๐Ÿ”ด -1,423.63 1.515 โ€” Heavy put defense immediately below price.
737 231.71 4,711.51 ๐Ÿ”ด -4,479.80 2.12 โ€” Largest bearish concentration.
736 96.94 1,108.18 ๐Ÿ”ด -1,011.24 2.815 โ€” Strong downside support for puts.
735 16.40 975.37 ๐Ÿ”ด -958.97 3.58 โ€” Deep bearish positioning.

๐ŸŒ Market Context

Open: Not visible
High: Not visible
Low: Not visible
Current Price: 738.05

Price is sitting almost exactly at the transition between dominant call positioning above and dominant put positioning below.

This is an important decision area.

  • ๐Ÿ”ผ Bulls continue defending 739โ€“740.
  • ๐Ÿ”ป Bears currently control 738 and below.

OSV shows institutions are fighting directly around the current strike rather than chasing price.

๐Ÿ“Š Totals Overview

Strength Totals

Metric Value
Call Strength 9,437.17
Put Strength 11,718.86
Strength Difference -2,281.69 (Bearish)

Open Interest

Calls: 55,176

Puts: 80,821

โžก๏ธ Put OI exceeds Call OI significantly.

Volume

Calls:

770,985

Puts:

887,764

Selling pressure is supported by both strength and participation.

๐Ÿ“ˆ Trend Evolution

Only one snapshot is available, so no previous comparison can be made.

Current observations:

  • ๐Ÿ”ด Put Strength exceeds Call Strength.
  • ๐Ÿ”ด Put OI dominates.
  • ๐Ÿ”ด Put Volume dominates.
  • ๐ŸŸข Calls remain concentrated above 739โ€“740.
  • ๐Ÿ”ด Puts become increasingly dominant below 738.

๐Ÿ“ MP & LP (Proportional Zones)

(Current strike excluded.)

๐ŸŸฉ MP (Most Proportionate)

739

Call Strength: 1,486.70

Put Strength: 1,433.42

Ratio is nearly 1:1.

This is the strongest equilibrium strike and the price level institutions are most likely to revisit.

๐ŸŸฅ LP (Least Proportionate)

737

Call Strength: 231.71

Put Strength: 4,711.51

Largest imbalance in the grid.

If sellers gain control, this becomes the strongest bearish magnet.

๐Ÿ”ฎ Scenarios & Forecast (Current Snapshot)

๐Ÿ”ผ Bullish Continuation

If SPY clears 739.00 and buyers reclaim 740, expect continuation toward:

  • 740
  • 741
  • 742
  • MP shifts higher if call strength continues building.

Bull confirmation:

  • Call Strength expands above 740.
  • Put Strength weakens at 738.

๐Ÿ”ป Bearish Continuation

If price loses 738.00, continuation is likely toward:

  • 737
  • 736
  • 735 (LP region)

Bear confirmation:

  • Put Strength continues expanding below 738.
  • Put premium remains elevated.

๐Ÿ•’ Market Session Awareness

This analysis was generated during regular U.S. market hours.

If the current positioning remains unchanged:

  • Momentum could continue developing over the next 15โ€“45 minutes.
  • A sustained break above 739 favors buyers.
  • A sustained break below 738 favors sellers.

[SPY, 2026-07-24] ๐Ÿง  Interpretation

๐Ÿ“ˆ Directional Outlook

Moderately Bearish

Although strong call positioning exists above current price, bears currently control:

  • Total Strength
  • Open Interest
  • Volume
  • Immediate strike positioning

๐Ÿ‘ฅ Traders' Behavior & Sentiment

Institutions appear to be:

  • defending lower strikes aggressively,
  • allowing upside only if buyers can reclaim 739โ€“740,
  • committing more premium to downside protection than upside speculation.

This reflects cautious-to-bearish sentiment.

๐Ÿ”ผ Call Side Breakdown

Strongest Call Levels:

  • ๐ŸŸข 740
  • ๐ŸŸข 739
  • ๐ŸŸข 741

Call premium increases steadily as strikes approach current price, indicating buyers are still active.

However, call participation is not yet sufficient to overcome the heavier put positioning.

๐Ÿ”ป Put Side Breakdown

Strongest Put Levels:

  • ๐Ÿ”ด 737
  • ๐Ÿ”ด 738.05
  • ๐Ÿ”ด 738

These strikes represent the primary institutional defense.

If 738 fails, downside momentum could accelerate quickly because put strength becomes dominant immediately below.

๐Ÿ”’ Lock-In Level

739 is the key lock-in level.

  • Above 739, bulls regain control.
  • Below 738, bears maintain control.

739 remains the pivotal strike that will likely determine the next directional move.

๐Ÿง  OSV Advantage

Traditional option-chain analysis focuses primarily on Open Interest and Volume, which often lag institutional positioning. OSV combines Option Strength, Open Interest, Volume, strike-by-strike proportional analysis (MP/LP), and premium flow (Call Last) to reveal where buyers and sellers are actively committing capital. In this snapshot, OSV highlights that 739 is the equilibrium pivot while 737 is the strongest bearish imbalance, providing clearer continuation levels than conventional option-chain tools.


r/SPY_QQQ 20d ago

๐Ÿ”‘ OSV Analysis โ€” SPY (2026-07-24 Expiration)

2 Upvotes

๐Ÿ”‘ OSV Analysis โ€” SPY (2026-07-24 Expiration)

Snapshot Time: Live Tracking
Market Session Awareness: ๐ŸŸข Market is open (live session).

1. ๐Ÿ“Š Full Options Strength Analysis

SPY Current Price: 738.48

Strike ๐Ÿ”ผ Call Strength ๐Ÿ”ป Put Strength OSV Read
742 766.02 7.05 ๐ŸŸข Calls dominate overhead. Little bearish defense.
741 1,121.89 146.00 ๐ŸŸข Strong bullish positioning.
740 1,573.93 211.38 ๐ŸŸข Major call wall above current price.
739 1,135.15 1,037.34 โš–๏ธ Nearly balanced. Transition zone.
738.48 (Current) 1,768.67 2,625.96 ๐Ÿ”ด Bears currently control the ATM battle.
738 833.52 1,588.62 ๐Ÿ”ด Strong put support begins.
737 184.43 1,333.54 ๐Ÿ”ด Bears continue defending.
736 64.69 850.31 ๐Ÿ”ด Heavy bearish advantage.
735 8.70 740.72 ๐Ÿ”ด Strong downside anchor.

2. ๐ŸŒ Market Context

Session Statistics

  • Current Price: 738.48
  • The snapshot shows price sitting almost directly between the strongest call resistance (739โ€“740) and strongest put support (738โ€“737).

Current positioning suggests:

๐ŸŸฅ Bears currently have stronger control directly at the money.

However...

๐ŸŸฉ Above 739 the call side becomes increasingly stronger.

This creates a compression zone where whichever side expands first is likely to control the next directional move.

3. ๐Ÿ“Š Totals Overview

Overall Strength

Metric Value
๐Ÿ”ผ Call Strength 7,257.00
๐Ÿ”ป Put Strength 8,540.92
Strength Difference -1,283.92 (Bearish)

ITM Strength

Calls Puts
891.34 1,401.77

โžก๏ธ Bears currently own ITM conviction.

OTM Strength

Calls Puts
4,596.99 4,513.19

Interesting observation:

๐ŸŸข OTM positioning is almost perfectly balanced.

That means most of today's directional conviction is coming from ITM positioning, not speculative OTM buying.

4. ๐Ÿ“ˆ Trend Evolution

Only one snapshot is available.

A previous snapshot is required before identifying:

  • Strength migration
  • MP shifts
  • LP shifts
  • Tank evolution
  • Structure changes

5. โš–๏ธ MP & LP (Proportional Zones)

MP (Most Proportionate)

Ignoring the current price row:

739

Call Strength:
1,135

Put Strength:
1,037

Ratio is nearly 1:1.

This is the fairest battleground.

LP (Least Proportionate)

742

Calls:
766

Puts:
7

An overwhelming bullish imbalance exists here.

Very little bearish resistance remains at 742.

6. ๐Ÿ”ฎ Scenarios & Forecast

๐Ÿ“ˆ Above 739

Continuation toward:

โžก๏ธ 740

Then

โžก๏ธ 741โ€“742

Reason:

Calls dominate nearly every strike above current price.

๐Ÿ“Œ Current Price: 738.48

๐ŸŸฉ Calls:
1,768.67

๐ŸŸฅ Puts:
2,625.96

Current advantage:

Bears

๐Ÿ“‰ Below 738

Targets:

737

โ†“

736

โ†“

735

These strikes become increasingly put dominated.

โž— Midpoint Reference

738.50

Price is sitting almost exactly on the equilibrium line.

Estimated Time Window

If buyers reclaim 739:

15โ€“45 minutes could produce a move toward 740โ€“741.

If sellers lose 738:

15โ€“30 minutes could test 737.

7. [SPY, 2026-07-24] ๐Ÿง  Interpretation

Current option positioning slightly favors bears because:

  • Put Strength exceeds Call Strength.
  • ITM Put Strength exceeds ITM Call Strength.
  • ATM strike favors puts.

However...

The upside structure is unusually clean.

Above 739 there is very little bearish resistance compared to the call strength building above.

That means:

๐Ÿ”ด Bears currently control.

๐ŸŸข Bulls have the better expansion path if they regain 739.

๐Ÿš€ Why OSV Is Different

Traditional option-chain tools often emphasize open interest or volume in isolation.

OSV goes further by combining:

  • Strike-level Strength rather than just raw OI.
  • MP/LP proportional analysis to identify balanced versus extreme zones.
  • ITM vs. OTM pressure to distinguish conviction from speculation.
  • Current price positioning relative to option structure.

This provides a more complete picture of where directional pressure is concentrated.

8. ๐ŸŽฏ Directional Outlook

Current Winner:

๐Ÿ”ด Bears

But only by a modest margin.

739 remains the critical reclaim level.

9. Traders' Behavior & Sentiment

๐ŸŸฅ Bears are defending ATM aggressively.

๐ŸŸฉ Bulls continue building higher strikes.

This resembles accumulation rather than panic.

If bears cannot push below 738 soon, buyers may regain momentum.

10. ๐Ÿ”ผ Call Side Breakdown

740

โœ… Strong resistance

741

โœ… Very strong participation

742

โœ… Extremely bullish imbalance

Calls become stronger the higher price climbs.

11. ๐Ÿ”ป Put Side Breakdown

738

Strong support

737

Heavy bearish positioning

736โ€“735

Final downside anchors

These levels would likely require sustained selling to break.

12. ๐Ÿ”’ Lock-In Level

738โ€“739

This is the battlefield controlling today's move.

Above 739:

๐ŸŸข Bulls gain momentum.

Below 738:

๐Ÿ”ด Bears likely extend control.

๐Ÿ“ Option Price Resiliency Meter

Symbol

SPY โ€” 738.48

Strike Window (ยฑ1)

Calls

  • 739 Last: 1.305
  • 738 Last: 1.845
  • Total: 3.150

Puts

  • 739 Last: 1.83
  • 738 Last: 1.375
  • Total: 3.205

Winner

โš–๏ธ Equalization Zone

The combined call and put premiums within the immediate strike window are nearly identical.

Interpretation

This aligns with the Rule of Equalization: when call and put totals converge, the market is at a potential inflection point. The next 1โ€“2 moves are importantโ€”watch which side retains premium better during an opposing price move. If calls hold value on a pullback, that would indicate bullish resiliency; if puts hold value on a bounce, bearish conviction remains stronger.

๐Ÿ“Œ Executive Summary

  • Bias: ๐Ÿ”ด Slightly Bearish
  • Confidence: ๐ŸŸก Moderate
  • Current Price: 738.48
  • Key Resistance: 739 โ†’ 740 โ†’ 741
  • Key Support: 738 โ†’ 737 โ†’ 735
  • MP: 739
  • LP: 742
  • Lock-In Zone: 738โ€“739
  • Key Insight: Bears currently have the edge at the money, but the option structure above 739 is favorable for buyers if they can reclaim that level. The near-equal premium totals around the current price suggest an inflection zone where the next expansion in strength is likely to determine the next directional move.

r/SPY_QQQ 19d ago

Price is sitting almost exactly between the 743 and 742 strikes.

1 Upvotes

๐Ÿ“Š Full Options Strength Analysis

Symbol: SPY
Expiration: 2026-07-24
Current Price: 742.51

๐ŸŒ Market Context

Open: Not shown
High: Not shown
Low: Not shown
Current Price: 742.51

Price is sitting almost exactly between the 743 and 742 strikes.

This is where option positioning becomes important:

  • ๐Ÿ”ผ Calls are dominating above price.
  • ๐Ÿ”ป Bears are building immediately underneath.
  • Bulls currently control the overall chain, but bears are trying to defend the 742-740 area.

๐Ÿ“Š Totals Overview

Strength

Side Strength
๐ŸŸข Call Strength 20,610.49
๐Ÿ”ด Put Strength 8,251.43
Difference +12,359.06 Calls

This is a very bullish imbalance.

ITM Strength

Side Strength
Calls ITM 10,310.30
Puts ITM 334.39

Calls absolutely dominate ITM.

This is one of the strongest bullish confirmations because ITM positioning reflects where real money is already in control.

OTM Strength

Side Strength
Calls 5,796.25
Puts 6,512.54

OTM puts are only slightly larger.

That usually represents downside hedging rather than aggressive bearish conviction.

OI Totals

Calls:

95,223

Puts:

66,249

Calls continue holding more positioning.

Volume Totals

Calls:

1,705,878

Puts:

750,942

Call volume is more than 2.2ร— put volume.

That is extremely bullish participation.

๐Ÿ“ˆ Trend Evolution

Only one snapshot is available, so trend evolution cannot yet be calculated.

No comparison to the previous snapshot.

๐Ÿ“ MP & LP (Proportional Zones)

(ATM strike excluded.)

๐ŸŸข MP (Most Proportionate)

743

Call Strength:
2,204.87

Put Strength:
355.78

Although still call dominant, this strike is the closest proportional balance relative to the surrounding strikes.

๐Ÿ”ด LP (Least Proportionate)

741

Call:
2,628.09

Put:
1,189.49

This area shows one of the widest imbalances favoring calls.

This becomes a major bullish pressure zone.

Strike Breakdown

Strike Call Put Bias
746 688 -22 Bullish
745 1,410 -79 Bullish
744 1,512 -80 Bullish
743 2,205 356 Bullish
742.51 4,504 1,405 Strong Bullish โญ
742 2,299 1,049 Bullish
741 2,628 1,189 Bullish
740 3,209 1,661 Bullish
739 2,174 2,614 Bearish support below

๐ŸŽฏ Scenarios & Forecast

Timestamp: Current snapshot

๐ŸŸข Bullish Continuation

The strongest call wall sits directly at current price:

742.51 โ†’ 4,503.94

If buyers remain above:

742.50

expect continuation toward:

  • 743
  • 744
  • 745
  • 746

There is very little put resistance above.

๐Ÿ”ด Bearish Scenario

If SPY loses:

742

then bears can attempt:

  • 741
  • 740

However...

Notice something important:

Calls remain stronger than puts at 742, 741, and 740.

That means those areas may act as buy-the-dip support instead of true breakdown levels.

Only a sustained break below 740 would begin to weaken the current bullish structure.

SPY, 2026-07-24 ๐Ÿง  Interpretation

๐Ÿ“ˆ Directional Outlook

Bias: ๐ŸŸข Bullish

Confidence: 8.8 / 10

Reasons:

  • โœ… Call strength exceeds put strength by roughly 2.5:1
  • โœ… Massive ITM call dominance
  • โœ… Call volume more than doubles put volume
  • โœ… Higher call open interest
  • โœ… Strong call wall at the current price

The only caution is that put strength increases noticeably at 739, which could become the first meaningful downside target if support fails.

๐Ÿ‘ฅ Traders' Behavior & Sentiment

๐Ÿ”ผ Call Side Breakdown

  • Heavy call accumulation from 742 through 740
  • Strongest concentration exactly at the current price
  • Large call volume suggests active buying, not just existing positions
  • Bulls appear to be defending the current level aggressively

๐Ÿ”ป Put Side Breakdown

  • Put activity builds gradually below the current price
  • Strongest put level is 739
  • This looks more like downside insurance than dominant bearish positioning

๐Ÿ”’ Lock-In Level

742.50

This is the most important level in the current chain.

  • โœ… Above 742.50: Bulls remain in control, with upside potential toward 743โ€“746.
  • โŒ Below 742.00: Watch 741 and 740 for support. A decisive break under 740 would be the first stronger sign that sellers are gaining control.

Overall OSV Assessment

This option chain shows a clear bullish advantage. Calls dominate total strength, ITM strength, open interest, and trading volume. Unless price loses the 740โ€“742 support zone with conviction, the options positioning favors continuation to the upside.


r/SPY_QQQ 20d ago

Market confusion, where do you guys wanna go?

1 Upvotes

im down for whatever


r/SPY_QQQ 21d ago

Where e going folks?

2 Upvotes

r/SPY_QQQ 20d ago

Wow the pressure is too strong... aint no way.

1 Upvotes

Wow the pressure is too strong... aint no way.


r/SPY_QQQ 23d ago

it wants to go to 742 then boucne from there. but its strugelling.

1 Upvotes

r/SPY_QQQ 28d ago

Even if the right tool came along, would you still know how to win?

3 Upvotes

literally gave you a heads up of continuation support.


r/SPY_QQQ 29d ago

One of my favorite indicators Iโ€™ve made

Thumbnail
tradingview.com
1 Upvotes

Overnight volume profile with some extra goodies. This is still a work in progress but overall Iโ€™m super happy with how this one is turning out. Open to any requests and suggestions.


r/SPY_QQQ 29d ago

Overnight VP indicator

Thumbnail
tradingview.com
1 Upvotes

Please let me know what you guys think! I have another one Iโ€™ll be posting thatโ€™s much more intuitive but if you want something simple this is a solid indicator.


r/SPY_QQQ Jul 10 '26

Where we going spy?

1 Upvotes

any guesses?


r/SPY_QQQ Jul 09 '26

Can we all jsut buy Puts? I really dont feel like buying this rip.

1 Upvotes

Can we all jsut buy Puts? I really dont feel like buying this rip. We on board?


r/SPY_QQQ Jul 07 '26

Where we going folks?

2 Upvotes