📋Morning Board 2026-10-19
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 | $709.80 | -2.50% | 27.1 (79th pctile) | -0.54B flip 721.7 | 1.71% (1.04–2.88) |
| SPY | $763.25 | -1.11% | 20.0 (82nd pctile) | -0.74B flip 768.1 | 1.04% (0.61–1.83) |
QQQ RSI(2)1 oversold
QQQ vs 200-day+5.2%
QQQ GammaDealers short gamma ($-0.54B per 1% move), flip 721.7 sits -0.3% above 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 |
19.99 |
82% pctile · Elevated (fear) |
13.5 ─ median 17.1 ─ 31.1
|
2026-10-16 |
| VXN · QQQ |
27.13 |
79% pctile · Slightly elevated |
17.2 ─ median 23.3 ─ 33.5
|
2026-10-16 |
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.