SPX Spot on chart: 7,709.96
VIX chart expiration: August 12, 2026 — confirmation only
VIX Spot: 15.81
This analysis is specifically for the August 7 SPX expiration. The structure is different from August 6, so I would not carry yesterday's spreads forward.
📊 MARKET STRUCTURE
🏦 Dealer Positioning: LONG GAMMA
The August 7 profile is dominated by positive call…
