SPX Dealer Levels: July 16, 2026
On Thursday, July 16, 2026, SPX opened at 7,572.40 and closed at 7,533.77, a session range of 68.38 points (0.91%). The mid-session dealer positioning snapshot showed call wall 7555, put wall 7550, max pain 7555.
Dealer positioning levels
Strike carrying the session's heaviest call-side dealer gamma. Rallies often slow into this area.
Strike carrying the heaviest put-side dealer gamma. Declines often slow near this area.
Expiry strike at which the total settlement value of same-day SPX options would be smallest.
Session statistics
Open
7,572.40
High
7,572.40
Low
7,504.02
Close
7,533.77
Net dealer gamma read negative at the snapshot, a backdrop in which dealer hedging flows tend to amplify intraday swings. VIX opened at 16.19 and finished at 16.73.
Levels are computed from that session's SPX option-chain snapshots and reflect a mid-session reading. Prices are session-observed values, not official settlement prints. Archive pages are static records of what the dealer book showed that day. Method details on the methodology page.
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