SPY – SPX ZERO DTE
Date: Wed Jul 22, 2026 | Expiration: Jul 22, 2026
We study SPY and Trade SPX SPDR 500 ZERO DTE Index.
Building the Future Together
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Building the Future Together
An Important Message for Every IKIGAI Pilot
Dear Community,
I have an important update about IKIGAI and where we are going together.
I started this program in December 2025 at the request of Gary Paccagnini, a man I hold in the highest regard and one of my own teachers. Gary asked for access to my algorithm and proposed a strategic alliance involving his former and current students. That is how many of you found your way here.
I rarely enter partnerships like this. I made an exception because of the respect I have for Gary and the history we share.
From the beginning, I had one question in my mind:
Could we build a real trading community, or would this remain a small group of traders?
Every business needs a vision and a sustainable path forward. The original plan was built around a pipeline of more than 200 students.
But God had a different plan.
Today, we are a much smaller community, and some Pilots have already chose to leave. In some cases, I only learn about their struggles afterward because Gary is often the first person they speak with.
That is not criticism of anyone. Forecasts do not always become reality. I have made my own share of projections that did not either. It is simply the reality of where we stand today.
What matters now is not how we got here.
What matters is where we go from here—with clarity.
As a Pilot, I know that if I cannot see clearly, I cannot fly safely.
I did not build IKIGAI as a transaction. I already operate businesses that require my attention every day. But I have learned that sometimes God gives us more responsibility because He is preparing us for a greater purpose.
I have never walked away from responsibility. At the same time, when balance and equilibrium are not maintained, problems eventually follow.
Recently, a fellow trader who has become like a brother to me shared the struggles he has been facing. Listening to him caused me to listen more carefully to the voice within myself.
Over the past several days, I have taken the pulse of this community and listened closely to the experiences of individual traders.
My heart tells me that IKIGAI deserves more of my time, more of my focus, and more of my energy.
But I do not listen only to my heart.
I listen to my heart and validate it with logic!
The Facts
Thirty-five Pilots currently rely on ALGO, my teaching, and my support. That responsibility means something to me.
Some of you may not communicate with me directly. Perhaps you think of me as a hard-headed military general. Fair enough.
But generals have feelings too.
When I see a trader struggling while still maintaining a positive attitude, I want to help. I want to help every Pilot who is willing to work, learn, and remain committed.
To do that properly, I must create balance.
I do not believe a trader’s education is complete after a rushed 30-minute class or a few scattered conversations. That is one of the reasons I developed this algorithm in the first place.
Only God knows how many sleepless nights I have spent building, testing, retesting, correcting, and improving these tools.
But life is not built on good intentions alone. There is no room for hopeless romantics in business. Vision must be supported by structure, discipline, and sustainability.
My Reflection
When my life is over, I want to be remembered for leaving something positive behind.
That is part of my DNA.
I will continue maintaining and improving the algorithms, supporting committed Pilots, and building what I believe this community can become.
But to do that, I must rebalance my other businesses with the needs of the IKIGAI Academy.
So, after all the drama of a Bollywood movie—and perhaps Praveen will understand that reference—here is my plan.
Everything here has been built with my heart, my experience, and countless hours of work.
Over the past several months, I have also realized something important:
Many Pilots are not struggling because of the algorithm.
They are struggling because they never received a complete foundation in options trading and RISK management.
An algorithm can identify an opportunity, but it cannot replace knowledge, preparation, risk management, or disciplined execution.
The original understanding was that Pilots entering this program would already possess a working foundation in options trading. However, I now see a clear educational gap.
I am not pointing fingers at anyone.
I am looking honestly at where we are and deciding where we must go next.
The Path Forward
If I am going to help you become consistently good at this craft, I need you to pursue mastery not settle for mediocrity.
I want to develop traders who can read the data, understand the structure, control their emotions, and allow their decisions—not their impulses—to guide their fingers.
Strictly speaking, that was not the original responsibility I accepted.
But it has now become part of my vision and part of my purpose.
So today, I ask you one honest question:
Are you committed to building yourself into the trader you know you can become?
There is no wrong answer.
But from this point forward, my time, coaching, development, and support will be focused on those who are committed to mastering this craft over the next 12 months.
I am not asking you to invest in me.
I am asking you to invest in yourself.
If you commit to your own growth, I will match that commitment with my time, my experience, my tools, my code, and my support.
I am not asking for a commitment that I am unwilling to match.
If you commit to IKIGAI for the next 12 months, this is what I commit to you:
1. No Price Increase
Your current monthly price will not increase during the 12-month term.
I will continue funding future development from my side of the business.
2. Protection of Your License
A written legal agreement will clearly protect both parties.
If anything ever happens to me, your right to continue using the tools you have properly licensed will be addressed and protected under the terms of that agreement.
You are building a business, and I respect the need for certainty. In return, I am also asking for a clear commitment from you.
My legal team is finalizing the structure now. You will receive the agreement and have the opportunity to review it before you are asked to sign anything.
3. A Long-Term Commitment Without Prepayment
You will continue paying monthly, exactly as you do today. I am not asking you to prepay the entire year.
If a payment is missed, we will contact you professionally—not as debt collectors.
Every term, including what happens if life circumstances require you to step away early, will be explained clearly in writing.
I am investing my own funds and my timein your future growth without increasing your current monthly cost. However, I must also balance the scales and protect the time, resources, and development being committed to you.
Replying 100% simply communicates your intention.
Nothing becomes binding until you receive, review, and sign the formal agreement.
4. Weekly Live Q&A Sessions
Our weekly live coaching and Q&A calls will continue.
5. One-on-One Coaching
Every licensed 15-Second Pilot will receive one private, one-hour coaching session with me.
6. On-Demand Coaching
When you need guidance, clarification, or support, I will make coaching available within the terms and structure of the program.
7. Continued Development
I will continue maintaining and improving the tools you already rely on.
8. IKIGAI GRAND
You will have the opportunity to upgrade to IKIGAI GRAND, our advanced platform with capabilities beyond what you use today.
This will be an optional paid upgrade, priced to support the additional development required.
No one will be required to purchase it, and your 12-month commitment will not depend on upgrading.
9. IKIGAI Options Trading Masterclass
Over the past several months, I have realized that many Pilots are not struggling because of the algorithm. They are struggling because they never received a complete foundation in options trading.
Because of that, I am developing a comprehensive IKIGAI Options Trading Masterclass designed to provide the foundation needed to understand options, manage risk, interpret market structure, and execute with greater confidence.
This is a program that would normally represent a significant investment on its own.
It will be made available exclusively to Pilots who enter into the 12-month agreement and put real skin in the game.
That is fair.
I am committing substantial time, knowledge, development, and resources to your growth. In return, I need a serious commitment from those who receive that training.
I want every Pilot who stays with me to have the opportunity to become a complete trader—not simply someone who follows signals.
The full details, value, pricing structure, timing, eligibility, and access terms will be included in the written agreement before anyone is asked to sign.
Read that list carefully.
I am putting my time, knowledge, development, coaching, and legal protection on the table before asking for your commitment.
The Pilots joining us in Grand Cayman for Traders in Black have demonstrated an extraordinary level of commitment.
Whether you attend or not is entirely your choice.
My commitment to building this community does not depend on attendance at one event.
There will be more opportunities ahead for those who choose to stay the course.
My vision is simple:
To build one of the finest market-structure trading communities anywhere—nimble enough that every Pilot matters, yet strong enough that no Pilot succeeds alone.
So now, I ask you the same question I asked myself:
How serious are you about becoming the trader you know you can be?
Take your time.
Think carefully.
Do what is right for you.
My decision has already been made.
I am committed to the Pilots who choose this journey.
If you are ready to commit to yourself for the next 12 months, simply reply privately to Kat with:
Your Name — 100%
This is not a contract.
It simply tells me that you want to receive the formal agreement once it has been completed.
Whatever your decision, you will have my respect.
Thank you for trusting me.
No Pilot Left Behind.
Your Brother –
Q
P.S. Trade with purpose. Live with purpose. Make a difference.
No Structure. No Trade. No Pilot Left Behind.
⚖️ Disclaimer
This is not investment advisory. I’m not calling trades. I’m teaching you to think. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The IKIGAI Algo and any associated indicators, tools, or educational materials are provided for informational and educational purposes only and do not constitute financial, investment, or trading advice. You should consult with a qualified financial advisor before making any trading decisions. Q Levels and affiliated parties are not registered investment advisors, broker-dealers, or financial planners. By participation, you acknowledge you are solely responsible for your own trading decisions and any resulting gains or losses. No guarantees of profit or specific results are made or implied. All sales are final. Please trade responsibly and only risk capital you can afford to lose. Errors and omissions excepted.
NOW THE FEATURE PRESENTATION
SPY – SPX ZERO DTE
Date: Wed Jul 22, 2026 | Expiration: Jul 22, 2026
We study SPY and Trade SPX SPDR 500 ZERO DTE Index.
Building the Future Together
An Important Message for Every IKIGAI Pilot
🎯 QZ ALGO CREED — Probability Over Prediction
We don’t forecast. We read positioning — where Market Maker exposure sits, where the walls are, and how MM is priced across strikes. That tells us where price is constrained, not where it’s going. Structure decides the trade.
⚡ OPENING NOTE — SPOT, FLIP & REGIME
SPY Spot: 748.06 ·
Flip: 749.26 · Max Pain: 747. T
he net-exposure sign flips from negative to positive down around 745/746 (745 is negative, 746 turns positive), and spot is sitting above that crossover, in a positive pocket — 748 itself carries positive Market Maker exposure.
📊 TV VALUES
SPY String — paste into QZ ALGO Daily Magnets:
752,748,754,748.06,747,749.26,744,745,740,745
SPX String:
7520,7480,7540,7480.6,7470,7492.6,7440,7450,7400,7450
Options Flow — VOLUME (Strike, Calls, Puts):
753, 59K, 2K
750, 67K, 9K
748, 64K, 85K
746, 45K, 53K
745, 28K, 72K
740, 1K, 51K
Options Flow — OPEN INTEREST (Strike, Calls, Puts):
753, 8K, 5K
750, 5K, 4K
748, 5K, 2K
746, 7K, 4K
745, 5K, 9K
740, 0K, 14K
BLUE = MM is net long for the expiration — he’s carrying the OI, so he leans against moves. Even a downtrend gets absorbed and ranged, not flushed.
RED = MM is net short for the expiration — he has to chase the OI. No cushion, drops amplify, see-saw when structure hasn’t broken.
GREEN = strikes above zero, positive exposure — MM holds price there. Range and stall, not acceleration.
🌡️ QZ TEMPERATURE
🌡️ SPY — Level then COLOR (Sign):
Blue bar has Positive MM Hedge
740 BLUE (Plus)
745 BLUE (Plus)
744 BLUE (Plus)
743 BLUE (Plus)
734 BLUE (Plus)
748 GREEN (Plus)
754 GREEN (Plus)
752 GREEN (Plus)
747 GREEN (Plus)
746 GREEN (Plus)
🧭 STRUCTURE CHECK
Market Structure (5 Min):
| Structure | Level | Status |
|---|---|---|
| LH (Lower High) | ~749.00 | Recent lower high |
| Chop band | 748.00 – 748.52 | P-HL / P-LL — tight consolidation |
| Current | ~748.32 | Coiling at the flip |
Q ALGO™ Status: 🔄 CONSOLIDATION at the flip
SPY ran from 745 up to ~749, printed a Lower High near 749, and is coiling in a tight 748.00–748.52 band right under the Flip (749.26). Break and hold above 749 = fresh HH into the positive pins; lose 748 → 747 Max Pain → the 745 line, and below 745 it turns negative.
🎯 CONFLUENCE — 745 IS THE LINE, 740 IS THE TRAPDOOR
745 is the pivot of the board: the #1 Absolute MM Exposure (65.4M) AND the strike where net exposure flips from positive (above) to negative (below). Hold 745 and price stays in the positive/pinning box toward 748–753. Lose 745 and the board turns negative into 740 — a −28.1M amplifier, the single biggest short-exposure wall — where a slide accelerates. Above, the 749.26 Flip with positive pins (750/752/753/754) caps rallies into a grind.
📊 DECISION TABLE
| Level | What It Is | Action |
|---|---|---|
| 754 | 🎯 Daddy Positive (+20.6M) — top pin | Upside pin / cap |
| 753 | Positive (+13.2M) — heavy call vol | Pin |
| 752 | Baby Positive (+18.8M) | Pin |
| 750 | Positive (+5.6M) | Pin |
| 749.26 | 🟠 FLIP | Overhead regime gate |
| 748.06 | ☕ WE ARE HERE (Spot) + Mama Positive (+20.6M) | Pinning pocket |
| 747 | 🔵 MAX PAIN | Slight downward magnet |
| 746 | Positive (+13.8M) | Case B — dip gets absorbed |
| 745 | 🎯 #1 Abs (65.4M) + sign flip (−17.3M) | The line — lose it = negative |
| 744 | S3 Baby Negative (−15.3M) | Amplifier below |
| 740 | 👹 S1 Daddy Negative (−28.1M) | Trapdoor — amplifies |
🎯 THREE BEARS / THREE BULLS (by MM Exposure size)
THE THREE BULLS (Positive — MM long, pinning):
| Bull | Strike | MM Exposure | OI | Volume |
|---|---|---|---|---|
| B1 = DADDY | 754 | +20.6M | 7.2K | 36.4K |
| B2 = MAMA | 748 | +20.6M | 7.3K | 149.2K |
| B3 = BABY | 752 | +18.8M | 9.1K | 61.3K |
THE THREE BEARS (Negative — MM short, amplifying):
| Bear | Strike | MM Exposure | OI | Volume |
|---|---|---|---|---|
| S1 = DADDY | 740 | −28.1M | 14.6K | 51.5K |
| S2 = MAMA | 745 | −17.3M | 14.6K | 100.5K |
| S3 = BABY | 744 | −15.3M | 7.2K | 59.8K |
⚪ Balanced board. Bulls ≈ 60.0M vs Bears ≈ 60.7M ≈ 1:1. Spot pinned in a positive pocket, but the 740 amplifier below and near-even sums mean 745 is the coin-flip line.
☕ RANGE ZONE
| Zone | Why |
|---|---|
| 745 — 749.26 | Spot pins between the 745 line (sign flip / #1 Abs) and the 749.26 Flip. Positive exposure holds price here — expect chop with Max Pain 747 as a magnet. Break 749 for the upside pins; lose 745 for the negative shelf. |
Commentary: 748 carries the highest total volume on the board (149K). 747, 751 and 752 have no clean call/put split and stay out of the flow table.
🎯 Q ALGO™ CHECKLIST — WE DON’T TRADE EMOTIONS, WE LOOK FOR CLUES
| Step | What We Check |
|---|---|
| 1 | LEVELS (from this newsletter) |
| 2 | 15-Min chart |
| 3 | 5-Min chart |
| 4 | 1-Min chart |
| 5 | BANDS |
| 6 | River |
| 7 | Volume Line (Fair Value) |
| 8 | Candle for Entry |
| 9 | Flip Line |
| 10 | Trend Context (Trend Engine) |
| 11 | Pivots |
| 12 | LQ Areas |
| 13 | Entry Candle |
| 14 | Flow |
| 15 | VSA + QVDD |
No Structure = No Trade. Not all checklist items need to align — build your edge based on your own edge. Pinned and coiled: wait for the 745 break or the 749 reclaim.
⚖️ Disclaimer
This is not investment advisory. I’m not calling trades. I’m teaching you to think. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. The IKIGAI Algo and any associated indicators, tools, or educational materials are provided for informational and educational purposes only and do not constitute financial, investment, or trading advice. You should consult with a qualified financial advisor before making any trading decisions. Q Levels and affiliated parties are not registered investment advisors, broker-dealers, or financial planners. By participation, you acknowledge you are solely responsible for your own trading decisions and any resulting gains or losses. No guarantees of profit or specific results are made or implied. All sales are final. Please trade responsibly and only risk capital you can afford to lose. Errors and omissions excepted.
— Q Levels Trading | Coffee With Q ☕