ES Futures Key Levels

2026-09-10 10:05 • ESU26 • 0DTE + Weekly
ES Last
7,660.25
+16.50
ES Prev Close
7,643.75
SPY
$762.40
SPX
7,636.36
Premium
7.39
SPX/SPY Ratio
10.0162

Top 5 Key Levels (Weekly)

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7,619.75
OI: 53,088 — SUPPORT
SPY 760C [Weekly], SPY 760P [Weekly]
7,569.75
OI: 33,004 — SUPPORT
SPY 755C [Weekly], SPY 755P [Weekly]
7,649.75
OI: 30,864 — RESISTANCE
SPY 763C [Weekly], SPY 763P [Weekly]
7,757.50
OI: 22,615 — RESISTANCE
SPX 7750C [Weekly], SPX 7750P [Weekly]
7,790.00
OI: 21,642 — RESISTANCE
SPY 777C [Weekly], SPY 777P [Weekly]

Primary Levels — Weekly (2026-09-11)

6 levels ▼
LevelCall OIPut OI TypeStrengthSource
7,820.00 18,524 888 Call Wall *** SPY 780C [Weekly], SPY 780P [Weekly]
7,790.00 20,418 1,224 Call Wall *** SPY 777C [Weekly], SPY 777P [Weekly]
7,757.50 15,600 7,015 Call Wall *** SPX 7750C [Weekly], SPX 7750P [Weekly]
7,649.75 1,746 29,118 Put Resistance **** SPY 763C [Weekly], SPY 763P [Weekly]
7,619.75 906 52,182 Put Wall **** SPY 760C [Weekly], SPY 760P [Weekly]
7,569.75 910 32,094 Put Wall **** SPY 755C [Weekly], SPY 755P [Weekly]

0DTE Intraday Levels (2026-09-10)

8 levels ▼
LevelCall OIPut OI TypeStrengthSource
7,882.50 11,918 5 Call Wall **** SPX 7875C [0DTE], SPX 7875P [0DTE]
7,797.50 7,471 28 Call Wall *** SPX 7790C [0DTE], SPX 7790P [0DTE]
7,719.75 7,127 1,743 Call Wall **** SPY 770C [0DTE], SPY 770P [0DTE]
7,607.50 1,381 5,308 Put Wall *** SPX 7600C [0DTE], SPX 7600P [0DTE]
7,482.50 25 8,874 Put Wall **** SPX 7475C [0DTE], SPX 7475P [0DTE]
7,457.50 22 8,409 Put Wall **** SPX 7450C [0DTE], SPX 7450P [0DTE]
7,382.50 1 8,085 Put Wall *** SPX 7375C [0DTE], SPX 7375P [0DTE]
7,357.50 4 6,820 Put Wall *** SPX 7350C [0DTE], SPX 7350P [0DTE]

Standard Deviation Levels

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Barchart SD (SPY Cheat Sheet)
1 SD 7,600.88 — 7,686.62
2 SD 7,583.15 — 7,704.35
3 SD 7,569.53 — 7,717.97
IV-Based SD (VIX=16.33, Settlement=7,643.75)
1 SD 7,578.41 — 7,709.09 (65.34 pts)
2 SD 7,513.08 — 7,774.42 (130.67 pts)

Exposure Analytics

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◀▶
Sideways
Confidence: 100%
P/C OI Ratio: P/C ratio 2.55 — put hedging in place, mildly contrarian bullish (downside protected)
VEX (Vanna): Vanna flows — IV drop forces dealers to buy, supporting rallies
CHEX (Charm): Positive charm — time decay forces dealers to buy into the close
GEX Regime vs Flip: Negative gamma regime with price below the flip — dealers sell into drops, amplifying downside risk
Dealer Cushion: Call wall 4.9% above — upside capped by dealer hedging
Pin Risk: Pin risk 76 (High) — strong pinning pressure keeps price range-bound
Dealer Alignment: Levels diverging (21.1%) — conflicting signals, directional move more likely
Gamma Acceleration: Gamma acceleration 13.8x — 0DTE gamma dominates, expect sharp intraday swings
Expected Move (1-Day) iThe market-implied price range for the current session, derived from ATM implied volatility. About 68% of sessions close within this range (1 standard deviation). A breach suggests unusual volatility or a catalyst-driven move.
±47.68 pts
±0.62% • ATM IV: 11.9%
7,596.07
7,691.43
Put/Call OI Ratio iTotal put open interest divided by total call open interest across all strikes and expirations. Above 1.3 = heavy put hedging demand (often marks local bottoms). Below 0.7 = speculative call froth (can precede corrections). 0.7–1.3 = balanced/neutral.
2.553
Put-Heavy
Calls: 5,504,894 • Puts: 14,055,206
Pin Risk Score iA composite score (0–100) measuring how likely price is to pin near a high-OI strike at expiration. Weighs: OI concentration at nearby strikes (30%), proximity to max pain (25%), time to expiry (25%), and gamma magnitude (20%). High (70+) = tight range confinement likely. Moderate (40–70) = some pinning pressure. Low (<40) = weak.
76
High
Dealer Alignment iMeasures how tightly three key dealer-defended levels cluster: the GEX flip, max pain, and highest-OI strike. Converging (<0.5% spread) = strong magnet, price tends to gravitate. Moderate (0.5–1.5%) = some pull. Diverging (>1.5%) = conflicting signals, expect choppier two-way action.
21.07%
Diverging
VEX (Vanna Exposure) iAggregate Vanna Exposure — measures how dealer delta shifts when implied volatility moves. Positive VEX: an IV drop forces dealers to buy (supporting rallies). Negative VEX: an IV drop forces dealers to sell (amplifying declines). Dominates around earnings and FOMC events.
-133.88M
IV Drop -> Dealers Buy
CHEX (Charm Exposure) iAggregate Charm Exposure — measures how dealer delta changes purely from the passage of time. Positive CHEX: time decay forces dealers to buy (upward pressure into close). Negative CHEX: time decay forces dealers to sell (downward drift into close). Strongest on Thursday/Friday of expiration weeks.
+2.09B
Time Decay -> Dealers Buy
Dealer Cushion iDistance from the current price to the nearest major options wall (highest call OI above or put OI below). Tight (<0.3%) = price is right at a wall, expect strong reaction. Normal (0.3–1.0%) = standard buffer zone. Wide (>1.0%) = plenty of room before the next dealer-defended level.
4.93%
Wide
Nearest: Call Wall @ 8,020.36
Gamma Acceleration iRatio of 0DTE ATM gamma to 7DTE ATM gamma. When 0DTE gamma is much larger, dealer rehedging obligations intensify into the close, creating strong pinning or explosive breakouts. Above 5x = Accelerating (high intraday impact). 2–5x = Elevated. Below 2x = Stable.
13.8x
Accelerating
OI-Weighted DTE iThe average days-to-expiration of all open contracts, weighted by open interest. Short (<10 days) = market is gamma-sensitive, rapid theta decay, sharp intraday moves. Long (>45 days) = vega/vanna-dominated, slower dynamics, more sensitive to IV changes.
98.2 days
Vega-Dominated
OI Concentration (HHI) iThe Herfindahl-Hirschman Index measures how concentrated open interest is across strikes. Concentrated (>0.05) = OI is clustered in a few dominant strikes, creating strong pin/magnet effects. Moderate (0.01–0.05) = a few meaningful strikes. Dispersed (<0.01) = OI is spread evenly, weak pinning.
0.0093
Dispersed
Top strike: 2.7% of total OI

Max Pain Levels

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SPY 0DTE Max Pain
766.00
SPX 0DTE Max Pain
7,665.00

Recent Dark Pool Prints

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ES LevelSPY PriceTimeSizePremiumSide
7,678.69 $765.89 03:59:22.976 PM EDT – 04:00:04.474 PM EDT 753,798 577.32M Ask
7,643.75 $762.40 04:00:00.250 PM EDT 1,007,732 768.29M Ask
7,643.75 $762.40 05:05:00.607 PM EDT 294,010 224.15M Bid
7,641.75 $762.20 04:07:21.154 PM EDT – 04:02:42.737 PM EDT 291,400 222.11M Bid
7,641.61 $762.19 04:10:35.319 PM EDT – 04:10:35.319 PM EDT 402,000 306.40M Bid
7,641.51 $762.18 04:10:35.320 PM EDT 142,000 108.23M Bid
7,634.74 $761.50 11:31:53.475 AM EDT 227,500 173.24M Bid