šÆ Spot Price: 6465.94
The skilletās hot. Which pancakes stack will flip?
š§ Grandmaās Final Word:
- Above 6475? ā Watch buyers chase toward 6480
- Below 6455? ā 6450 is key ā crack it, and 6440 pancakes start sliding
- Stuck here? ā Expect chop between 6450ā6480 ā both sides fighting with size
š If We Go Up from Here
| Magnet | Level | Whatās There |
| M1 | 6475 | š„ A+ call OI (3,117), strong volume, 44.76% prob. to hit |
| M2 | 6480 | š³ Lighter OI (1,807), but still active ā57.5% prob. |
| M3 | 6500 | š§² Big OI (4,549) but deep OTM ā needs real fuel to hit |
š§ What it Means:
Bulls pushing? 6475 is where the action begins ā high OI + tight spread. If we get through that, 6480 is next.
6500? Thatās still a stretch zone, but not impossible ā call buyers are nibbling.
š If We Go Down from Here
| Magnet | Level | Whatās There |
| D1 | 6455 | š§ Moderate put OI (2,076), soft cushion ā call premium still ~$1.25 |
| D2 | 6450 | š„ Highest Secret Sauce today (38.5M), and put side has size (4,355 OI), |
| D3 | 6440 | š§Ø Heavy volume from prior day, and puts lighting up ā breach = slippery slope |
š§ What it Means:
If bears win the open, 6455 is the first watch. Lose that, and 6450 is the magnet. If that breaks, the pull to 6440 could be fast.
š Note: Premiums show bulls paying up above 6475, but also defending 6450 as a key floor. We’re sitting right in the middle of premium warfare.
š§ Grandmaās Final Word:
- Above 6475? ā Watch buyers chase toward 6480
- Below 6455? ā 6450 is key ā crack it, and 6440 pancakes start sliding
- Stuck here? ā Expect chop between 6450ā6480 ā both sides fighting with size
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