📍 Spot Reference: 6594.29
📆 0DTE Expiry: Sept 15, 2025
📐 Max Pain: 6525
📊 Bias: Bullish, but overextended — time to bake or break
🥞 Quote of the Day:
“That 6600 pancake is thick with volume, sugar — but it might be too fluffy to flip without a fight.”
📈 If We Go Up From Here
| Magnet | Level | What’s There |
|---|---|---|
| M1 | 6600 | 🎯 Highest OI + call volume (5,926 OI, 13,718 vol) – hard magnet |
| M2 | 6615 | 6,253 OI – second highest, but with light volume, could be overcooked |
| M3 | 6620+ | Thin air, no real volume – only for momentum squeezes |
🧠 What it Means:
6590–6600 is the zone bulls must defend and convert. If they can do that cleanly, 6615 becomes reachable. Above that? It’s dreamland.
📉 If We Go Down From Here
| Magnet | Level | What’s There |
|---|---|---|
| D1 | 6580 | 👀 8K+ volume – lots of activity; minor dip zone |
| D2 | 6575 | Heavy OI (3,191) – bears might try to drag us here |
| D3 | 6550 | ⚠️ Big call OI and put build – natural gravity zone for reversion |
🧠 What it Means:
Lose 6580 and momentum may shift. Below 6575 could unwind this whole push. Watch 6550 — it’s the real line between strength and failure.
🔍 Quick Summary
| Direction | Trigger | Magnet Path | Stretch |
|---|---|---|---|
| ⬆️ Long | Hold 6590 | 6600 → 6615 | 6620+ |
| ⬇️ Short | Lose 6580 | 6575 → 6550 | 6525 (Max Pain grind) |
IMPORTANT DISCLAIMER
This content is for educational purposes only and should not be considered financial advice. Trading involves substantial risk and may not be suitable for all investors. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making any trading decisions. The author assumes no responsibility for any losses that may occur from following this information.