SPX Previous Close: 6753.72
Max Pain (Today’s Expiry): 6700
OI-Based Walls:
📊 Grandma’s Bias (Based on Data, Not Emotions):
See what price action does at the open — Grandma isn’t your daddy; she’s a student of data. Let the numbers tell the story.
Why?
SPX is opening near 6753.72, sitting just below key call walls and above strong put support.
Open Interest and volume are concentrated around 6750, creating a tug-of-war zone between bulls and bears.
There’s no major pressure below unless 6720 breaks.
👵 If price holds above 6740–6745, bulls have the edge to push toward 6775–6800.
👵 If price slips below 6725, bears could gain control, pulling SPX down toward 6700 (Max Pain zone).
🔔 Top Call Zones (Resistance / Overhead Supply)
| Strike | Call OI | Notes |
| 6800 | 4,010 | Large wall — likely tough to break above today |
| 6775 | 1,484 | Upper resistance zone with decent volume |
| 6750 | 1,142 | At-the-money cluster, heavy recent activity |
| 6740-6745 | ~1,100 | Local friction, can act as resistance |
➡ ️ Conclusion: 6775–6800 is your overhead call wall zone — expect sellers and possible rejections if SPX reaches here.
🔻 Top Put Zones (Support / Underlying Demand)
| Strike | Put OI | Notes |
| 6725 | 2,098 | Largest put OI on the board — primary put wall |
| 6720 | 1,129 | Secondary support zone |
| 6700 | 865 | Minor support, but also today’s Max Pain |
➡️ Conclusion: SPX may find support around 6720–6725, especially into morning dips.
🎯 Key Magnet Zones (Price Gravity)
- Call Magnet: 6750 → heavy open interest + volume; watch for chop
- Put Magnet: 6725 → thick put positioning, buyers may defend this zone
📊 Grandma’s Bias (Based on Data, Not Emotions):
See Price Action on Open. Grandma is not your daddy. She is a students of Data and your data will tell the story.
Why?
- Spot is opening near 6753.72, just below call walls and above key put support.
- OI & Volume clusters around 6750 make it a tug-of-war zone.
- No significant put pressure below unless we lose 6720.
👵 If we stay above 6740–6745, bulls have the edge to push into 6775–6800.
👵 If we lose 6725, bears may try to push toward 6700 (max pain pin).
⚠️ Disclaimer:
This analysis is strictly for educational and informational purposes only. It is based on publicly visible Open Interest data and market structure — not a prediction. Use it as a roadmap, not a crystal ball. Always manage your risk and trade with a plan.