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Daytrade Desk

SPY & QQQ hourly options direction — rules decided the night before, replayed and graded on real sessions.

SPY / QQQRULES-BASEDT+1 REPLAYDERIVED-ONLY

Replay stat strip standing by — no numbers are estimated in its place.

What am I looking at?

  • Top tiles — how the overnight signal has performed when replayed on real past sessions: how often it won, how many trades, the average and compounded result.
  • Charts — each signal day's gain or loss and the running total, in percent.
  • SPY / QQQ tables — the same record day by day: the date, how the day closed, and when the day's low and high printed (Eastern time).
  • Options context — what the options market was doing: dealer positioning (GEX), unusually large trades, and yesterday's total volumes.
  • Session context — our own measured odds: how gap-up days, morning dips, and winning streaks have actually behaved.
  • Everything here is our own derived record on delayed data — no live prices, no advice.

SPY — primary ticker

T+1 REPLAY

SPY session trend standing by — no numbers are estimated in its place.

LOADING REPLAY

Options context

DERIVED

GEX regime chips standing by — no numbers are estimated in its place.

Unusual options activity standing by — no numbers are estimated in its place.

T+1 options aggregates standing by — no numbers are estimated in its place.

Session context

OUR OWN STATS

Catalyst pulse standing by — no numbers are estimated in its place.

gap +0.3–0.7% touches +1%
32.9%
close ≥+1%: 18.6% · full fade: 18.6% (n=167)
gap-day open→close avg
+0.02%
every gap day dipped below its open · avg max dip −0.55%
session lows printed by 11:15
58%
−0.3% dip crossings: 53% by 11:15 · deep −0.55% late = the slide
strong at 11:15 closes higher
33%
avg rest-of-day −0.12% — afternoon pops have been exits, not entries
consecutive ≥+1% days
never 4
84× one · 6× two · 2× three; after two: next day up 67%, avg +0.50%
day-3 (after 2 big days) touch +1.5%
0/9
open→close avg −0.30% — the damped shape, both tails thin
gap days fading to ≤+0.2%
68%
from a flat fade 72% closed green again (avg +0.26%); red fades were coin flips

measured over 889 sessions through 2026-08-04 (dailies) / 38 sessions (minutes) — docs/research/2026-08-05-spy-gap-dip-timing-stats.md

SPY correlates: correlation and beta over 250 sessions
tickercorrbetaread
QQQ0.931.41the twin — confirm/diverge gauge
IWM0.811.22breadth — small caps confirm broad rallies
XLI0.720.95old-economy confirm
NVDA0.661.87loudest single-name echo

Confirm = QQQ/IWM moving with SPY; SPY up alone is the narrow tape — historically the weak form of a rally. measured over 889 sessions through 2026-08-04 (dailies) / 38 sessions (minutes) — docs/research/2026-08-05-spy-gap-dip-timing-stats.md

QQQ — secondary ticker

LOADING REPLAY
Method & odds — how to read this desk

What this desk does. Three overnight rules — thrust2_up, big_up and run3_up — read the prior session's daily bars and set the next session's bias. They fire on roughly 6% of days. Every other day the desk's answer is no trade: chop bleeds options premium, and abstaining is the edge.

The measured record. The rules are replayed over the stored SPY history and regraded as every T+1 bar lands — the scoreboard above IS the live record, with each basis labeled separately (the conditional close-to-close statistic and the executable next-open-to-close expression). Historically the signal cohort has closed up about two sessions in three, against a weaker all-days base. A replay of the past is not a promise about the future.

The options translation. A signal day is played with near-the-money same-day calls. Winners (historically about two of three) have returned +50% to +300% of premium when the session beats its implied move; losers can burn −40% to −100% of premium. Size every trade to survive a total loss.

Timing. Entries buy weakness between 09:30 and 11:15 ET; exits come after 15:00 ET. The session rows above show each replayed day's actual low → high structure, so you can see where those windows landed.

Derived, delayed data · impersonal · not investment advice · full method: the replay write-up.

Desk analysis

Daily round-table analysis standing by — it arms with the analysis plane and refreshes each session close.