Intraday Brief·SPY·April 13, 2026

SPY CALL +$6.32 (+93F) held 6h 5m into close — bands widened late.

The trade started with volatility squeezed early, then bands widened at 10:15 AM, letting the move breathe and hold from $679.67 to $685.99. Calls dominated from 9:45 AM and momentum confirmation came at 10:30 AM, with a big call volume anchor at 9:40 AM keeping upside pressure and no meaningful bearish wall overhead.

By Z3Gamma

SPY call buyers got paid: entry was $679.67 at 9:55 AM, exit was $685.99 at 4:00 PM, good for +$6.32 over a 6 hour 5 minute hold, with acceptable efficiency at +$1.04 per hour. Z3 didn’t fire immediately, but it flipped bullish at 10:30 AM, seven bars after entry, then stayed active for most of the trade and showed the move had real momentum behind it. Options flow had already turned bullish before entry with calls in control from 9:45 AM, that call-side dominance held all day, and the distant $710 call wall never got close enough to cap the trade. Momentum confirmation came fast as tight bands released into bullish expansion by 10:15 AM with low theta risk, while a bullish volume anchor from 9:40 AM sat underneath price, there was no overhead bearish anchor, and SPY pushed from the upper part of the opening range into trade above the initial balance high.

Verdict: this was a clean long, not a straight-line rip but efficient enough to hold, and with MFE at $6.61 versus a $6.32 finish, it kept almost everything it earned.

April 13, 2026 · Entry 9:55am → Exit 4:00pm · +$6.32 · Z3Gamma

Trade Data

INITIAL E1

KYROCALL [HOLD] entered at 9:55am at $679.67 and exited at 4:00pm at $685.99. Total profit +$6.32 (+93.0F). MFE +$6.61. MAE was -$1.23. Duration: 6h 5m. Profit-per-hour: +$1.04/hr — acceptable efficiency for duration held.

COMMANDERBull MIDAS anchor at 9:40am. 3 bars before entry. anchored in the cellar. no bear MIDAS overhead. 2 knights.

VOLATILITYYellow bishop compressed first, then green bishop expanded at 10:15 am (4 bars after entry) — crown bishop (BBW + STD expansion both active). Bands are widening.

KINGDOMKijun crossed above at 12:05 pm, 26 bars after E1. Peak MFE: 93F. Kijun ended at 71F (price above).

PROFILEE1 fired in the loft. Price has moved to the above IB high. At entry: POC (40.0F) was below entry, VPOC (80.0F) was below entry.

Z3Z3 bullish cape activated at 10:30 am, 7 bars after E1. 23 favorable bars, 25 total cape bars during the trade. Peak Z3: -5.22.

GEXCall wall $710.00, put wall $0.00.

OPTION FLOWAt E1: Call dominant (crossed call at 09:45 AM), eye active since 09:50 AM. Call held dominant through exit — eye active.

BAND THETAAIR — bands expanding at entry (width+85.5°). Theta low.

DMINo DMI compression near entry. DI+ won at 11:35 am, 20 bars after entry.