Section IV · Macro + GEX
Refreshed 11m ago
Regime.
Macro state + per-ticker dealer positioning. Negative gamma amplifies moves both ways; spot below flip + bullish flow is the breakout setup.
Regime check nightly via trading-quant-dailyVIX last 5/31/2026, 8:44:34 PM
How to read this pageA ticker in the GEX flip candidates table is in dealer negative-gamma territory — if its spot crosses the flip-level going up, mechanical dealer hedging flips from headwind to tailwind. That's the highest-conviction signal we have (69% historical win rate). Names near call walls have an upside ceiling; near put walls have downside support.
Macro regime
NORMAL
VIX 15.32
NORMAL <18 · CAUTIOUS <25 · DEFENSIVE <35 · CRISIS ≥35
What this means for plays
Directional longs OK. Short premium OK. No suppression.
GEX flip candidates
AI-thesis tickers in negative gamma with spot below flip. If spot crosses flip, dealers go from short → long → mechanical breakout fuel.
| Ticker | Spot | Flip level | % to flip | Regime |
|---|---|---|---|---|
| TSM | $445.06 | $448.41 | ● +0.8% | neg γ |
| AMZN | $261.47 | $269.06 | ● +2.9% | neg γ |
| SNDK | $1757.98 | $1818.19 | +3.4% | neg γ |
| AAOI | $189.16 | $198.71 | +5.1% | neg γ |
| TLN | $376.88 | $396.12 | +5.1% | neg γ |
| ADBE | $273.75 | $288.50 | +5.4% | neg γ |
| GOOGL | $377.54 | $407.60 | +8.0% | neg γ |
| SPY | $757.53 | $833.72 | +10.1% | neg γ |
| AXTI | $112.15 | $124.57 | +11.1% | neg γ |
| ASML | $1636.30 | $1972.07 | +20.5% | neg γ |
| INTC | $110.50 | $134.06 | +21.3% | neg γ |
| OKLO | $69.43 | $88.42 | +27.4% | neg γ |
Near call wall
upside ceiling — dealers selling above to hedge
| NVTS | $25.21 | wall $24.5 |
| AEHR | $91.00 | wall $90 |
| AXTI | $112.15 | wall $110 |
| GOOGL | $377.54 | wall $375 |
| INTC | $110.50 | wall $107 |
| SPY | $757.53 | wall $753 |
| AMZN | $261.47 | wall $267.5 |
| BWXT | $187.49 | wall $180 |
Near put wall
downside support — dealers buying below to hedge
| CBRS | $220.55 | wall $220 |
| SPY | $757.53 | wall $730 |
Upcoming events
earnings, FOMC, catalysts
| When | Ticker | Event |
|---|---|---|
| 2026-06-02 · 1d | — | JOB OPENINGS |
| 2026-06-03 · 2d | AVGO | earnings |
| 2026-06-03 · 2d | CRWD | earnings |
| 2026-06-03 · 2d | — | ADP EMPLOYMENT |
| 2026-06-03 · 2d | — | ISM SERVICES |
| 2026-06-03 · 2d | — | FACTORY ORDERS |
| 2026-06-03 · 3d | — | FOMC |
| 2026-06-04 · 3d | — | INITIAL JOBLESS CLAIMS |
| 2026-06-05 · 4d | — | HOURLY WAGES YEAR OVER YEAR |
| 2026-06-05 · 4d | — | U.S. HOURLY WAGES |
| 2026-06-05 · 4d | — | U.S. UNEMPLOYMENT RATE |
| 2026-06-05 · 4d | — | U.S. EMPLOYMENT REPORT |