📋Morning Board 2026-09-03
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 | $709.24 | +0.23% | 21.1 (27th pctile) | -0.45B flip 709.6 | 1.09% (0.66–1.84) |
| SPY | $765.16 | +0.44% | 15.2 (11th pctile) | -1.89B flip 767.5 | 0.72% (0.42–1.26) |
QQQ RSI(2)31 neutral
QQQ vs 200-day+8.0%
QQQ GammaDealers short gamma ($-0.45B per 1% move), flip 709.6 sits -0.2% 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 |
15.20 |
11% pctile · Depressed (complacency) |
13.5 ─ median 17.2 ─ 31.1
|
2026-09-02 |
| VXN · QQQ |
21.07 |
27% pctile · Near median |
17.2 ─ median 23.3 ─ 33.5
|
2026-09-02 |
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.