SPX Options Oracle

Intraday Playbook for SPX Options Traders

Everything you need before the opening bell: key indices, volatility term structure, and the battle-tested workflow the pros run every session.

Updated with FRED closes through Oct 21, 2026.

Daily Market Read

Start every session with directional bias, vol regime, and funding backdrop.

SPX Spot Close
7,757.17
+44.60 (+0.58%)

Year-to-date +13.1%. Use it to gauge if daily setups align with regime.

FRED SP500 close as of Oct 21, 2026.

VIX Spot
19.03
+2.35 (+14.09%)

Watch for >2 point pops; they often tilt market-making flow short gamma.

CBOE VIX close via FRED (Oct 22, 2026).

VIX Term Structure
0.95x
+1.09 pts vs VXV

VIX < VXV: Vol of vol elevated. Consider spreads over naked shorts.

Spot (Oct 22, 2026) vs VXV (Oct 22, 2026).

1Y Treasury (Risk-Free)
4.41%
-0.11 (-2.43%)

Use for theta decay assumptions and forwards on 0DTE structures.

Constant maturity DGS1 as of Oct 22, 2026.

Historical Context

Compare the current cash session to prior years. Toggle years in the legend to see how the current regime stacks up.

Data source: FRED | SPX cash closes, normalized to start-of-year performance.