Dealer Exposure Map — August 11, 2026 | Pushing Profits
Category: Dealer Exposure Map | Date: 2026-08-11
Today's dealer exposure shows bullish sentiment in SPY and bearish outlook in QQQ, shaping trading strategies accordingly.
Report
Market Overview As of August 11, 2026, today's dealer exposure metrics reveal important insights for traders focusing on SPY and QQQ. The max pain price for SPY stands at $788.00, while QQQ's max pain is at $706.00. Understanding these levels is key for aligning strategies with potential market movements. SPY exhibits a significant total gamma exposure of 13,000, indicating a bullish sentiment among dealers. This strong gamma exposure suggests that price movements around the $788.00 level could lead to increased volatility and trading opportunities. In contrast, QQQ's total gamma exposure is negative at -833, indicating a bearish outlook among dealers. The lower delta exposure of 119,000 further emphasizes the lack of conviction in upward price movements, making it crucial for traders to navigate cautiously around the $706.00 mark.
Frequently Asked Questions
What is dealer gamma exposure?
Dealer gamma exposure measures how much a dealer's position will change with price movements, indicating potential volatility.
How does max pain influence options trading?
Max pain is the price point where the most options expire worthless, often leading traders to position themselves around this level.
Why is understanding delta exposure important?
Delta exposure indicates sensitivity to price changes, helping traders assess risk and potential price movement direction.