☕️ Coffee With Q — SPX Zero DTE Playbook October 3, 2025 – For Analysis – Not an investment advice.

Date: October 3, 2025
Spot (Pre-market): 6715.35
Prior Close: 6715.35
Bias: 📈 Bullish Lean (data-backed, not vibes)

🧠 Grandma’s Bias:

Bullish above 6700.
Why? Because Open Interest (OI) is stacking CALLS at 6700 and beyond.
Price is above heavy PUT walls from earlier in the week (6650–6675), showing strength.


🔍 🎯 SPX Zero DTE (Oct 3, 2025)

Spot Price (as of last close): 6715.35


🔍 OPEN INTEREST CLUSTERS (OI = Wall Strength)

🟥 Call Wall (Resistance Zone)

Top strike levels with highest Call Open Interest:

  • 6700: 24,603 OI 🧱
  • 6750: 7,287 OI
  • 6725: 5,060 OI
    🔼 6700 is today’s Call Wall
    It’s sitting right at spot — so if SPX pushes up, expect resistance near 6700–6725.

🟩 Put Wall (Support Zone)

Top strike levels with highest Put Open Interest:

  • 6650: 8,935 OI 🧱
  • 6675: 6,136 OI
  • 6710: 2,798 OI
    🔽 6650 is today’s Put Wall
    This is about 65 points below spot, giving room for retracement — but buyers could show up here.

📊 Summary Table

TypeStrikeOIBias
Call670024,603Major resistance
Call67255,060Minor resistance
Put66508,935Major support
Put66756,136Minor support

👵 GRANDMA’S DATA-DRIVEN BIAS:

Neutral to Mildly Bearish
Why?

  • Price is at or just above the largest call wall (6700), where upside could stall.
  • Strongest put support is ~65 points lower, giving bears short-term runway.
  • Unless 6725 clears and holds, price is more likely to stall or fade.

🎳 Think of today’s range like bowling bumpers:

  • Support bumpers: 6675 → 6650
  • Resistance bumpers: 6700 → 6725

If price stays between these, expect chop.
If price breaks either wall, momentum could pick up — like a breakout run or rug pull.


📎 Disclaimer:

This is NOT financial advice. SPX is a volatile instrument. This newsletter is for educational and entertainment purposes, based on data from public OI and market levels. Always manage risk.

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