$SPY sitting at $759.70, pinned under $765. Here's the gamma structure:
If we reclaim $765, we're looking at $766 next, then $767. That's your upside path — clean stair-step through gamma clusters.
But if we lose $755, step aside. That's your invalidation. No structure below that level — just air.
This is 0DTE gamma positioning — price magnets where options are stacked. Trade the reclaim or the breakdown. Don't guess in the middle.
If we reclaim $765, we're looking at $766 next, then $767. That's your upside path — clean stair-step through gamma clusters.
But if we lose $755, step aside. That's your invalidation. No structure below that level — just air.
This is 0DTE gamma positioning — price magnets where options are stacked. Trade the reclaim or the breakdown. Don't guess in the middle.
