📋Morning Board 2026-10-12
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 | $751.27 | +0.49% | 20.6 (15th pctile) | +0.28B flip 749.4 | 0.98% (0.60–1.66) |
| SPY | $778.57 | +0.60% | 14.8 (7th pctile) | +5.19B flip 775.1 | 0.64% (0.37–1.12) |
QQQ RSI(2)46 neutral
QQQ vs 200-day+11.8%
QQQ GammaDealers long gamma (+$0.28B per 1% move), flip 749.4 sits 0.1% below spot
How to read this · VIX
σ 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 · SPY |
14.84 |
7% pctile · Depressed (complacency) |
13.5 ─ median 17.1 ─ 31.1
|
2026-10-09 |
| VXN · QQQ |
20.55 |
15% pctile · Depressed (complacency) |
17.2 ─ median 23.3 ─ 33.5
|
2026-10-09 |
CBOE official daily closes (VIX from 1990, VXN from 2009). These are closing values, not intraday — 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 · Evening report
Research output, not investment advice.