Max Delta 6 – SPY 0DTE Mid-Day Intelligence Report

Powered by Max Delta 6

Snapshot: 12:43 PM ET, June 26, 2025 (0-DTE June 26 EXP)

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1. Metadata & Regime

• Spot / Prev Close: $610.85 / $607.12

• SPX: 6 132.27 / 6 092.16

• VIX: 16.38 / 16.76

• GEX Regime: Positive (dealers long gamma)

• DEX Regime: Negative (dealers short delta)

• Max Δ Score: –7 224 (moderate dealer short-delta bias)

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2. Dealer Hedging & Greek Clusters

Greek Value Key Strike Net GEX +$475 K γ $610 Net DEX –$2.41 M Δ $610 Max Gamma $610 Gamma hub Max λ-GEX $610 Gamma peak Flip Strike $609 Hedge flip

Dealers are long gamma & short delta around the $609–$610 corridor.