πMorning Board 2026-08-25
Pre-open snapshot: prior close, VIX percentile, RSI(2), dealer gamma, expected range.
| Symbol | Prev close | Change | VIX / VXN (pct) | GEX ($B/1%) | Expected range |
|---|
| QQQ | $706.32 | -1.00% | 22.7 (43rd pctile) | -1.68B flip 709.4 | 1.23% (0.75β2.07) |
| SPY | $763.47 | -0.29% | 15.8 (22nd pctile) | -5.74B flip 766.0 | 0.73% (0.43β1.28) |
QQQ RSI(2)13 neutral
QQQ vs 200-day+8.1%
QQQ GammaDealers short gamma ($-1.68B per 1% move), flip 709.4 sits -0.4% above spot
How to read this Β· VIX
Ο Volatility Indices (VIX / VXN)
VIX = S&P 500 30-day implied volatility (maps to SPY); VXN = the same measure for the Nasdaq 100 (maps to QQQ). Percentile = share of the past year (252 trading days) that closed below the current value.
| Index |
Current |
Percentile |
1-year range |
As of |
| VIX Β· SPY |
15.85 |
22% pctile Β· Near median |
13.5 β median 17.2 β 31.1
|
2026-08-24 |
| VXN Β· QQQ |
22.69 |
43% pctile Β· Near median |
17.2 β median 23.3 β 33.5
|
2026-08-24 |
CBOE official daily closes (VIX from 1990, VXN from 2009). These are closing values, not intraday β the morning brief uses the prior session's close and the evening review the current close, so the series stays consistent with history with no point-in-time bias.
Full report: Morning report Β· Evening report
Research output, not investment advice.