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Bruce Gibbs:

@here
Daily Report for NYSE - February 18, 2026
https://www.nakeddelta.com/stock_watch/?d=2026-02-18

Market Overview:
VIX: ๐ŸŸ , Mixed with VIXM liquidity tight, bullish

Indexes:
QQQ NDX TQQQ: ๐Ÿ”ด -> ๐ŸŸ , Selling liquidity, bearish
OI strengthening Bullish
Strong DPI bullish
IV very high, worrying, probably bullish
SPX SPXL SPY: ๐ŸŸ , Strong surface Liquidity and DPI, Bullish
Longer dtes are still well hedging
IWM TNA Russsell2000: ๐Ÿ”ด -> ๐ŸŸ , Strengthening OI
DPI strong ?
Very high IV ??

Commodities:
GLD Gold: ๐ŸŸ , Stronger buying liquidity
Strong DPI
Super high IV, hard to make a market

Mag 7:
MAGS MAG7: ๐ŸŸ , OI strengthening
DPI bullish
Liquidity mixed though hedging still being bought back should cause more upside

Memestocks:
GME: ๐ŸŸข -> ๐ŸŸ , weakening liquidity
IV and DPI high
OI mixed up
AMC: ๐ŸŸข -> ๐ŸŸ , Big dip DPI bearing
deflating IV
a bit bearish
Seemed to be back to dispersion effects today

Focus stocks:
MU: ๐ŸŸข, Might get stuck today with some selling during the afternoon
IV very high, a calendar spread and or a tight target so the IV crash is similar 30-60 dte
DPI flattened

Crypto:
Bitcoin BTC COIN: ๐ŸŸข -> ๐ŸŸ , Continues to look like a strengthening bottom, vol being laid off is my guess
DPI high bullish
Liquidity Mixed COIN staying strong but has turn neutral to a little bearish, COIN is still a leading indicator for BTC

Sent at: 02-19-2026 02:33:42 GMT+0000

Bruce Gibbs:

Interesting GME update @here

Sent at: 02-18-2026 05:48:59 GMT+0000

Bruce Gibbs:

Hi <@948192533937283102> , there's not enough ingredients for the crew/bandits whoever to spend big and upset the MMs into having to over hedge the activity. DPI hasn't been high for a consistent period suggesting no long term play being setup.
You need dispersion and vol compression to fire up Memestocks, we have neither so it would be wasted energy .
I don't get the AMC ?? something lurking or bad data reporting @here

Sent at: 02-15-2026 10:20:28 GMT+0000

Bruce Gibbs:

@here
Daily Report for NYSE - February 10, 2026

Market Overview:
VIX: ๐Ÿ”ด, Buying starting again in Vol products as we hit the current ceiling around the 695 in SPY and 6970 SPX
IV still tight in VXX suggesting MMs are finding the underlying harder to acquire(long or short), though DPI dipping quickly pointing to a lower price for vol and strength in the indexes for now

Indexes:
SPY SPXL SPXs: ๐ŸŸ , Still bumping along with only a few more ITM calls opening. Definitely hedges closing, and liquidity is better than par.
DPI supportive
QQQ TQQQ NDX: ๐ŸŸข -> ๐ŸŸ , Good buying but a further mean reversion possible although pretty strong liquidity.
DPI more than supportive.
TQQQ and QQQs no new ITM calls to talk of
NAS bigTechless flat

Stock pickers market
IWM RUT TNA: ๐ŸŸข -> ๐ŸŸ , Liquidity supportive but not bullish
DPI strong
OI hedging

Mag 7:
MAG7 MAGS: ๐ŸŸ , Not going to help the indexes even liquidity at best
OI looking stronger DPI, NDBuy and OI delta just looking like deflating

Memestocks:
GME: ๐Ÿ”ด -> ๐ŸŸ , Looks accumulative again
Would say green
Puts closing calls opening, DPI strengthening
IV still flat
AMC: ๐ŸŸ , Strong opening ITM calls and laddering
Liquidity mixed but long term just took a good dip, need some followup
IV flat, nothing to see really

Focus stocks:
MU: ๐ŸŸ , Strong buying day in liquidity
We haven't seen a 0.5 retrace since Sept 2025 which leaves us with some instability possible this year with a minimum 30% draw down to strengthen the Fibonacci structure, 286 current target.
DPI good
Gamma still high as lots of traders in this trade which will make it bump along the ascend resistance.
TSLA: ๐ŸŸ , Maybe not a surprise todays bump, but it looks like it will probably stall
Much strong OI as puts close and calls open
DPI maybe better than only supportive

Sent at: 02-11-2026 01:45:03 GMT+0000

Bruce Gibbs:

AMC suture needed

Sent at: 02-10-2026 02:11:21 GMT+0000

Bruce Gibbs:

I hope you all bought the dip into the close. I didn't buy big after getting smacked early in the week with COIN.
I bought COIN and QQQs after the very deep liquidity in Big Tech MAGS MAG& after earnings being uneventful, positive.
It's only a bump on the escalator IMO.
I'm holding some AMC, and think GME and FNKO should all have big day with a FOMO rally to follow

start of the Market update 05 Feb 2026

Sent at: 02-06-2026 09:59:26 GMT+0000

Bruce Gibbs:

Daily Report for NYSE - February 3, 2026

Mag 7: @here
MAGS: ๐ŸŸ , Balanced day after starting well hedged, hedging held
Yesterdays strong buying day didn't hold with OI still heavy
DPI still sinking quite strong, but so much of the gamma(GEX) has gone it is very volatile
Hands off until for me until we get a change in the macro narrative
I think investors are really concerned that it might all blow up so money is heading to safer places

Market Overview:
VIX Volatility: ๐Ÿ”ด -> ๐ŸŸข, VIX OI is amber from quite green
VXX is green again with strong long play, with dealers increasing the IV to cover

Indexes:
SPY SPX SPXL: ๐ŸŸข -> ๐ŸŸ , Epstein ?? DOJ
Indexes have generally de risked, the surface liquidity drive direction is just that and is swinging on daily news
DPI down again today.

Commodities:
Gold GLD: ๐ŸŸ  -> ๐ŸŸข, The MMs and dealers are trying hard to make the market, but the IV suggests a very strong bid which the MMs are pricing in. My take is it's all a bit broken
Hedging off GLD

Memestocks:
GME: ๐ŸŸข -> ๐ŸŸ , Tiny bit of buying on a selling day
The profit taking and roll was caught with the move in the indexes
DPI poor
OI landed pretty strong

Crypto:
COIN Bitcoin: ๐ŸŸ , Wild market, suffering macro concerns

Sent at: 02-04-2026 10:15:04 GMT+0000

Bruce Gibbs:

@here COIN and BTC setup for a big bump IMO

Sent at: 02-02-2026 20:57:56 GMT+0000

Bruce Gibbs:

[no text โ€“ attachments/embeds only]

GME_2026-02-02_12-12-26.png

Sent at: 02-02-2026 01:12:33 GMT+0000

Bruce Gibbs:

<@245654840045207552> GME liquidity is already tighter than the same period last year, and as tight as April May.
IV was much tighter in 2025.
2024 is has some similarities, but we haven't seen any high IV as we did in 2024.
Currently, 2026 also has very high gamma in comparison which will dampen the big price moves.
DPI had a bigger run up in 2024 of accumulation.

2024 had a stronger long call and OTM gamma ladder setup in OI

Both years have similar ITM P:C ratios

GME_2026-02-02_12-01-39.png
screencapture-nakeddelta-ticker-GME-2026-02-02-12_12_09.png

Sent at: 02-02-2026 01:12:24 GMT+0000

๐Ÿ‘: 1
Bruce Gibbs:

Daily Report for NYSE - January 29, 2026

https://www.nakeddelta.com/stock_watch/?d=2026-01-29

Market Overview:
VIX VX1 VXX: ๐Ÿ”ด -> ๐ŸŸข, VXX and VXX OI looking bullish, this is BEARISH the market
The actually liquidity is pretty flat, though futures are looking pretty green

Indexes:
SPY SPX SPXL: ๐ŸŸ  -> ๐Ÿ”ด, Looks like a hands off day

SPY is heavy...No strong call opening, no strong hedging
SPX similar, both had a massive swing to a risk off longer dte OI at OPEX
DPI mixed
TQQ QQQ NDX: ๐ŸŸ  -> ๐Ÿ”ด, Liquidity still strong in shorter time frames but heavier hedging is taking over.
NAS100 getting heavy just under the surface
Very DPI
OI weakening
IWM Russell2000: ๐ŸŸ  -> ๐Ÿ”ด, Poor DPI
Hedging strengthening
Liquidity bearish

Mag 7:
...
GME: ๐ŸŸ  ->

...
Crypto miners: ๐Ÿ”ด, RIOT 16.02 the 0.5 retracement target, could be a great setup if the snake oil salesmen are correct in in the gamma fortune telling

Sent at: 01-30-2026 02:41:21 GMT+0000

Bruce Gibbs:

Daily Report for NYSE - January 28, 2026
https://www.nakeddelta.com/stock_watch/?d=2026-01-28

Market Overview:
VIX VXX volatility: ๐Ÿ”ด, Mid term VIXM looks heavier again now the FOMC has passed
VXX
The other proxies and VIX OI is bearish, which is BULLISH the market

Indexes:
SPY SPXL SPX: ๐ŸŸข, SPX short dte flat
SP500 bullish, good DPI and OI so the market will have strong dispersion great for the memestocks
quick strong ITM puts opening suggesting traders are expecting quite a vol drop, interesting

Memestocks:
GME AMC: ๐ŸŸ , GME DPI strong but a heavy day
Needs a buying day and a IV bump

AMC strong IV pump very squeezy
Squeezy ITM calls
Strong DPI
Dropping back into liquidity, interesting

Focus stocks:
FNKO: ๐ŸŸข -> ๐ŸŸ , DPI quite heavy selling day
OI looks similar
Has had a good refilling day

Crypto:
COIN Bitcoin BTC: ๐ŸŸ  -> ๐Ÿ”ด, Amber at best
COIN still the leading indicator and it's liquidity is loose, BEARISH

Earnings:
MAGS AAPL MSFT TSLA META: ๐ŸŸข -> ๐ŸŸ , META looks heavy, mean revert within 2 days my punt, DPI okay but not sensational

AAPL heavy positioning in OI, DPI low and gamma low too. Flat earnings is my guess

MSFT strong IV and DPI, again I think she will mean revert quickly

TSLA heavy and though DPI has picked up, flat

MAGS isn't offering the support it has over the last 3 day
POOR DPI flat looking field, great for memestocks

My bet is all this mean reversion being dispersed is great for Memestocks, great time to dig in with a cheap hedge

Sent at: 01-29-2026 10:45:19 GMT+0000

Bruce Gibbs:

Daily Report for NYSE - January 26, 2026

Market Overview:
Volatility VIX: ๐Ÿ”ด, VXX starting to build long positions and close shorts in OI, longer term bearish the markets
VIX still opening OTM puts, BULLISH the market
VIXM still holding a stable position as lots of traders are covering themselves + 5mnths

Indexes:
SPY SPXL SPX: ๐ŸŸ  -> ๐ŸŸข, Good buying day in liquidity
Supported by a strong MAG7
The 2hr multi chart shows the squeeze last week starting to close hedging in most proxies, VOO traders still well hedged
Not resounding across the board but pretty good buying
QQQ TQQQ NDX: ๐ŸŸ  -> ๐ŸŸข, Strong buying in liquidity, bought into the close
DPI pretty low.
TQQQ and QQQ no new ITM calls, a little new hedging
QQQE and NAS big techhless more hedging opening

Mag 7:
MAGS MAG7: ๐ŸŸ  -> ๐ŸŸข, Strong buying
Bullish closing of ITM hedging
DPI supportive

Crypto:
Bitcoin BTC1! IBIT COIN: ๐ŸŸ , Selling continuing, maybe slowing down
Very low DPI in BitcoinX and COIN
Heavy positioning getting lighter
COIN is ready to squeeze hard with tightening liquidity as the brakes come off even if the buying isn't as strong

Sent at: 01-27-2026 11:23:06 GMT+0000

โค๏ธ: 1
Bruce Gibbs:

Daily Report for NYSE - January 23, 2026

Market Overview:
VIX VXX: ๐Ÿ”ด, Mainly selling day and shorts holding
OTM puts opening VIX VXX, ITM calls closing VXX
BULLISH

Indexes:
SPY SPX SPXL: ๐ŸŸข -> ๐ŸŸ , Very mixed liquidity, SPY strong VOO bearish, Futures selling day bought into the close.
SPX strong OI
SPY OI weak, closing calls opening puts
SPY DPI weak
SP500 strong DPI, weakish OI
Russell2000 RUT IWM: ๐ŸŸ  -> ๐ŸŸข, DPI strong in proxies and indexes
Liquidity look strong
OI weakening

Mag 7:
MAG7 MAGS: ๐ŸŸข -> ๐ŸŸ , Swelling or hedging day
OPEX buying liquidity carrying through though starting to sell
DPI low with weekend hedging
TSLA: ๐ŸŸข -> ๐ŸŸ , Weak DPI, hedging day
Strong opening of calls dampened with puts opening too

Memestocks:
GME: ๐ŸŸข -> ๐ŸŸ , Bullish buying afternoon in liquidity
Hedging opening and selling morning
ITM calls closing, OTM calls opening, ITM puts opening
DPI a bit low expecting a weaker Monday
AMC: ๐ŸŸข -> ๐ŸŸ , Strong DPI
Squeezy IV
Hedging increasing ?? probably the JPN push back
Still looks loaded

Focus stocks:
QQQ TQQQ NDX: ๐ŸŸข -> ๐ŸŸ , OI looks good okay in proxies
DPI looks good
Liquidity looks shitty
OI looks shitty in the NAS100, DPI looks strong
HSDT: ๐ŸŸข, Holding
FNKO: ๐ŸŸข -> ๐ŸŸ , Weakening, strong opening ITM calls and closing ITM puts looks like an inverse trade to with a mainly selling day
Poor DPI

Crypto:
COIN Bitcoin: ๐ŸŸ , Strong liquidity in COIN into the close, almost hitting the 0.786 Fib of the C extension from the December top target 208. I've bought some lottery tickets hoping that we get a strong bounce before heading down there.
COINs OI still very heavy, I've probably entered too early.

Mixed views in liquidity in the BTC proxies with lots of hedging help open
Bitcoin Miners Riot CLSK IREN: ๐Ÿ”ด -> ๐ŸŸ , loose DPI
Squeezed, by something
RIOT heavy hedging
WULF BULLISH
MARA strengthening

Sent at: 01-26-2026 10:51:50 GMT+0000

Bruce Gibbs:

HSDT looks like a great trade if COIN flys. see what the weekend does and size up
<@128196094621515776> Solana trade

Sent at: 01-23-2026 21:03:47 GMT+0000

๐Ÿ”ฅ: 1
Bruce Gibbs:

Good looking strength into the close in COIN

Sent at: 01-23-2026 21:02:35 GMT+0000

Bruce Gibbs:

@here check out the squeezy focus stocks

Sent at: 01-22-2026 04:14:40 GMT+0000

Bruce Gibbs:

Daily Report for NYSE - January 21, 2026

Market Overview:
VIX: ๐ŸŸ  -> ๐Ÿ”ด, Buy the index say the VIX traders, strong opening of puts across strikes and heavy OTM...
or at least sell the VIX and trade your favourites

Indexes:
SPY SPX SPXL: ๐ŸŸ , Dead cat with no real buying in DPI and little in Liquidity, I bought some lottery 675 0dtes and 670 1dtes
SPX still looks solidly hedged

Commodities:
GOLD GC GLD: ๐ŸŸข, Almost at blowoff DPI in the Gold group, GLD still well under the extreme IV and DPI
OI starting to setup for a top.
SLV Silver: ๐ŸŸ , #Silver #SLV
All possible to attain the fib extension, though the DXY will have to drop a lot


If you want great data and indicators try nakeddelta.com, no snake oil just data points

Mag 7:
MAGS MAG7: ๐ŸŸ 
TSLA: ๐ŸŸ , Most hedging remaining, a solid buy into the close was mainly a reactionary squeeze.
Interesting week coming up with the VIX heavily shorted again. Are TSLA investors still as confident in the companies products or is it just a Ponzi scheme for traders.
DPI flat suggesting a flat day with little to no dip buying

Focus stocks:
FNKO: ๐ŸŸข -> ๐ŸŸ , 80% of the 500 ITM calls opened 24 Dec still open
The 1500ITM calls closed on the 08 Jan still closed
I'm staying long
HSDT: ๐ŸŸ  -> ๐ŸŸข, Strong DPI
Buying day, bought into the close

Sent at: 01-22-2026 03:34:13 GMT+0000

Bruce Gibbs:

.
.
Market update 16Jan
SPX suggests a rocky week, Bitcoin and VIX didn't seem to be setup for a pullback. MAG& definitely flattening into the weekend, though still bearish
https://www.nakeddelta.com/stock_watch/?d=2026-01-16

Sent at: 01-19-2026 21:41:22 GMT+0000

๐Ÿ‘: 1
Bruce Gibbs:

[no text โ€“ attachments/embeds only]

BTCUSD_2026-01-16_11-37-13.png

Sent at: 01-16-2026 00:42:53 GMT+0000

Bruce Gibbs:

Watch list for focus and memestocks COIN UPXI AND DFDV EPOW DFLI FNKO
https://youtu.be/n9pnG2F0DQs
YouTube

Sent at: 01-15-2026 07:52:06 GMT+0000

๐Ÿ‘: 1 ๐Ÿ”ฅ: 1 โค๏ธ: 1
Bruce Gibbs:

@here any others I missed this week apart from #XAIR

Sent at: 01-14-2026 05:05:24 GMT+0000

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