🎯 SPX Spot Reference: 6495.15 📍 Max Pain: 6470 📆 0DTE Expiration: September 9, 2025
🥞 Grandma’s Quote of the Day: “We’re sittin’ right at the top of the stack — bulls are buttered up, but syrup’s still in the bottle. We either melt higher or flop flat.”
📈 If We Go Up From Here
Magnet
Level
What’s There
M1
6500
🔥 High OI (3,330), 20K+ volume, clear control zone
M2
6510
Good flow (1,570 OI), premium elevated — next push-up zone
M3
6520
Stretch level — 2,355 OI, call premiums at $10+, bulls would need fuel
🧠 Read: If bulls hold above 6495, momentum may build to 6500–6510. Beyond that, 6520 may see buyers chasing, but only if volume stays strong.
📉 If We Go Down From Here
Magnet
Level
What’s There
D1
6485
Early support — 1,175 OI, volume 9,300+, minor floor
D2
6470
🎯 Max Pain + strong interest (2,129 OI) — pin zone
D3
6450
Major put interest (2,650 OI), lower magnet if weakness builds
🧠 Read: If price fades early under 6490, look for 6485–6470 to act as defense. Below 6470, it’s a slow drip toward 6450 unless bulls re-engage.
🧭 Grandma’s If/Then Playbook
Direction
Trigger
Magnet
Stretch
⬆️ Up
Hold above 6495
6500–6510
6520
⬇️ Down
Break below 6485
6470 (pin)
6450
✅ Summary:
SPX opened near M1 (6500) → Bulls need to defend and push higher
Max Pain at 6470 suggests decay risk mid-day if we fade
Watch for early chop at 6495–6500 followed by directional resolution by midday
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.
