Friday, May 9, 2026 · Before the Open

The Trader's Morning Chronicle

Institutional-grade trading intelligence,
delivered before every market open.

Momentum · Gamma Exposure · Delta-Neutral Options

Start Your Subscription See What's Inside
3.2×
Avg. Risk/Reward
67%
Win Rate (Backtested)
5:30
AM ET Delivery
3
Integrated Strategies
2.1×
Profit Factor (Backtested)

The Three Pillars

A Complete Trading System

Every morning's Chronicle integrates three complementary strategies that work together across market conditions — trending, ranging, and uncertain.

Strategy I
📈

Momentum Continuation

Identifies stocks with >20% 20-day returns, price above rising 10 & 20-day moving averages, and volume persistence — then waits for gamma-confirmed conditions before flagging an entry. Tier-based position sizing (A+, A, B) scales risk to signal quality.

  • 20-day ROC > 20% with volume persistence
  • Price within 7% of rising 10-day MA
  • GEX gamma-flip hard filter on indices
  • Tier-ranked: A+, A, B signal strength
  • 15-day cooldown per ticker
Backtest win rate: 67%
Max hold: 25 days
Hard stop: 18%
Strategy II

Gamma Exposure Scanner

Pulls live GEX data for SPY and QQQ, mapping the gamma flip level, call wall, put wall, and net dealer positioning. Above the flip means dealers amplify up-moves; below it they amplify down-moves. This context governs whether directional plays are favoured over neutrals.

  • Gamma flip, call wall & put wall levels
  • Net GEX → dealer hedging direction
  • SPY & QQQ strike-by-strike bar charts
  • Regime gate: bullish · neutral · bearish
  • ES & NQ futures context
Updated: Daily
Tickers: SPY · QQQ
Regime: 3 states
Strategy III
🦅

Iron Condor Setups

When the gamma scanner shows no strong directional conviction on the indices, the Chronicle surfaces delta-neutral iron condor candidates — positive theta trades that profit from time decay and low realised volatility. Sized around max-pain and the call/put walls.

  • Deployed only when GEX is neutral/low
  • Strikes anchored to call/put walls
  • Max-pain centred structure
  • Delta-neutral, positive theta
  • Risk-defined: defined max loss
Underlying: SPY · QQQ · indices
Target: 0.20 delta short strikes

Today's Issue

What Subscribers Receive

Every morning by 5:30 AM ET — a print-ready newspaper watchlist, complete with gamma levels, momentum picks, and condor setups.

The Trader's Morning Chronicle

Friday, May 9, 2026 · Vol. 1, No. 42 · Est. 2025

Momentum Watchlist

NVDA — A+ Signal

NVIDIA Corp

ROC 20d: +68% · Near new high · Vol persist: 5 · Entry: $942 · Stop: $880 · Target: $1,066


META — A Signal

Meta Platforms

ROC 20d: +41% · Within 3% of 10MA · Vol persist: 4 · Entry: $618 · Stop: $575 · Target: $704

Gamma Levels · SPY

Gamma Flip: $548.00

Call Wall: $555.00

Put Wall: $540.00

Max Pain: $549.00

Regime: Above flip — dealers long gamma · Bullish bias


Iron Condor Setups

No condors today — GEX bias is directional. Deploy momentum plays only.

Additional Picks

SMCI — B Signal

Super Micro Computer

ROC 20d: +29% · Vol persist: 3 · Watch for volume confirmation at open


MSTR — B Signal

MicroStrategy

ROC 20d: +24% · BTC correlation play · Elevated ATR — size accordingly

📰

Today's Issue Is Live

Subscribe to unlock the full daily watchlist with all momentum picks, gamma charts, and options setups.

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The Daily Process

From Scan to Watchlist
Every Trading Day

1
After 4:00 PM ET

Evening Market Scan

The scanner pulls end-of-day data for the full S&P 500, filtering for gap candidates, momentum breakouts, and volatility conditions. GEX data is fetched from a professional market data provider.

2
5:30 AM ET

Chronicle Published

The daily watchlist HTML is generated and posted to the subscriber dashboard — formatted as a print-ready newspaper with full gamma context, momentum picks, and iron condor setups (when conditions apply).

3
9:25 AM ET

Pre-Market Review

Scan for any pre-market developments. The Chronicle is designed as a reference document — take 5 minutes to review the tickers, levels, and regime before the open.

4
9:30 AM ET +

Execute with Conviction

Entries, stops, and targets are pre-calculated. The plan is on paper. Execute on signal — no scrambling, no second-guessing. Risk is defined before the bell rings.

🧠

Gamma-Confirmed Signals Only

Momentum plays are gated by the GEX gamma-flip level. If the index is below the flip and dealers are short gamma (amplifying down-moves), no directional longs are surfaced — only iron condors or cash.

📐

Pre-Calculated Risk

Every pick includes entry, stop, and target. Position size is calculated from your account size and tier-based risk allocation (3% for A+, 2.5% for A, 2.0% for B). No math at the open.

🔁

Backtested Edge

The momentum continuation strategy was backtested across the full S&P 500 universe with a 15-day cooldown per ticker to prevent signal stacking. The system respects mean-reversion risk by requiring price proximity to the 10-day MA.


From Subscribers

What Traders Are Saying

The gamma context is the part I couldn't get anywhere else. Knowing whether dealers are amplifying or dampening the move changes everything about how I size my positions.

RJ
R. Johnson
Proprietary Trader · Chicago

I used to spend 2 hours building my morning watchlist. Now I open the Chronicle at 6 AM and I'm done in 15 minutes. The tier system makes sizing obvious.

AS
A. Singh
Swing Trader · Remote

The condor signals are a great complement to the directional plays. When the market is chopping, I'm still collecting theta. When it's trending, I'm long momentum. I actually have a plan now.

ML
M. Larson
Options Trader · Texas

Subscription Plans

Simple, Transparent Pricing

Cancel anytime. No contracts. All plans include the full Chronicle.

Monthly Annual
Free
$0 /mo
No credit card required
  • Weekly market overview email
  • Strategy explainers (public)
  • Contact form access
  • Public Discord community
  • Daily watchlist
  • Momentum picks with sizing
  • Gamma levels & charts
  • Iron condor setups
  • Subscriber dashboard
Get Free Access
Custom Strategy
$79.99 /mo
Billed monthly · cancel anytime
  • Everything in Pre-Built
  • Watchlist built to your strategy rules
  • Custom filters, tickers & universe
  • Custom account size & risk %
  • Priority support & onboarding call
  • Strategy refinement sessions
  • Backtest data exports
  • Early access to new features
Go Custom

* Past backtested performance does not guarantee future results. All figures are for educational purposes only. Trading involves risk. See disclaimer below.
Pre-Built annual billed as $383.88/yr · Custom annual billed as $839.88/yr · Cancel anytime.


Frequently Asked

Got Questions?

The daily watchlist is generated every weekday evening after market close (typically 4:15 PM ET via an automated scheduler) and is available in the subscriber dashboard by the following morning — target delivery by 5:30 AM ET. You receive a new issue every trading day the US markets are open.

No. The Chronicle is broker-agnostic. All entry, stop, and target levels are provided in price terms, so you can execute at any broker. The optional auto-trader component is designed for the Imperial Trading Platform, but the watchlist itself works with any setup — even paper trading.

Position sizes are calculated using a fixed fractional risk model tied to your account size. A+ signals risk 3% of account per trade, A signals risk 2.5%, and B signals risk 2.0%. The number of shares is calculated so that if the stop is hit, you lose exactly that dollar amount — no more. The subscriber dashboard lets you configure your account size to see personalised sizing.

Gamma exposure (GEX) measures the net options gamma that market makers hold on a stock or index. When dealers are net long gamma (price above the "gamma flip" level), they buy as prices fall and sell as prices rise — acting as shock absorbers that dampen volatility and support upward trends. When below the flip, the opposite is true: dealers amplify moves, increasing volatility and downside risk. The Chronicle uses this context to filter momentum longs and determine when to deploy iron condors instead.

No. The Trader's Morning Chronicle is an educational and informational publication. Nothing published here constitutes investment advice, a solicitation to buy or sell securities, or a guarantee of any outcome. All trading involves significant risk of loss. You are solely responsible for your own trading decisions and should consult a licensed financial advisor before making any investment. Past backtested performance does not guarantee future results.

Yes — cancel any time from the subscriber dashboard under Account → Subscription Management. Your access continues through the end of your current billing period. No cancellation fees, no questions asked.

Price and volume data comes from Yahoo Finance (yfinance). Gamma exposure data is sourced from a professional options market data provider, including real-time GEX levels, gamma flip, call/put walls, and max pain by expiration. VIX data is pulled from CBOE via yfinance. All data is fetched fresh each evening before the watchlist is generated.


Get In Touch

Questions?
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Whether you have questions about the strategies, need help with your subscription, or want to suggest a feature — reach out. We read every message and typically respond within 24 hours.

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Note: We cannot provide personalised investment advice or specific trade recommendations via email. All guidance is general and educational in nature.