📋Morning Board 2026-10-21
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 | $717.63 | -0.10% | 25.2 (67th pctile) | -0.02B flip 722.0 | 1.43% (0.87–2.41) |
| SPY | $769.05 | +0.34% | 17.3 (54th pctile) | +0.62B flip 770.2 | 0.86% (0.50–1.51) |
QQQ RSI(2)40 neutral
QQQ vs 200-day+6.2%
QQQ GammaDealers short gamma ($-0.02B per 1% move), flip 722.0 sits 0% 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 |
17.31 |
54% pctile · Near median |
13.5 ─ median 17.1 ─ 31.1
|
2026-10-20 |
| VXN · QQQ |
25.22 |
67% pctile · Slightly elevated |
17.2 ─ median 23.3 ─ 33.5
|
2026-10-20 |
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.