Qamar Zaman breaks down SPX zero-DTE options for September 23. SPX is at 6693.75 with Max Pain at 6605. The playbook: go long above 6700 targeting 6710-6730, or short below 6675 targeting 6660-6640.
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SPX Battle Plan, Tuesday, September 23rd, 2025. SPX Spot: 6693.75. Max Pain: 6605. Key Battle Zone: 6700. Simplified Playbook: Long above 6700 target 6710-6730+. Short below 6675 target 6660-6640. Key context: 6700 is major Gx magnet with heavy call interest. Break above 6700 could trigger dealer-chasing FOMO move. Below 6675 opens path to 6660-6640 support zone. Max pain at 6605 provides distant bearish anchor. Grandma's wisdom: 6700 is the hot skillet, break above for a clean run higher. Lose 6675 and we test 6660. Don't flip too early, let the pancake cook. Trade confirmed breaks, not anticipations.