Date: Tuesday 10/ 2025
Yesterday’s Close: 6740.28
Bias: Neutral to Slightly Bullish — Data favors range pinning unless levels break
🧠 Grandma’s Bias (Backed by OI, not feelings):
Grandma says:
“Price closed within the range. The ball bounced off the top bumper (6750) and settled near the middle (6740). Unless volume changes at the open, don’t expect liftoff or collapse. The data says… pinball day!”
📈 What This Means:
- Expect choppy range between 6720 and 6750 unless some external force (data/Fed/volume surge) triggers momentum
- Call wall at 6750 continues to act as resistance unless absorbed with size
- Put base at 6700 holding — breakdown here would shift Gamma flows to negative
🧮 Trading Implications:
- Above 6750 → Gamma squeeze risk IF VIX compresses and dealers chase delta
- Below 6700 → Hedging flows could amplify downside
- Inside 6720–6750 → Pin, trap, scalp zone
📢 Disclaimer:
This is not financial advice. This is educational analysis using options positioning as a roadmap. Markets move fast—use this like weather data: informative, but subject to change.