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Dec 20 2024

How an Options Flow Flip on MSFT Delivered Fast Intraday Gains

Looking for high probability, fast intraday wins? Let options flows and Gamma levels be your guide.

This intraday Microsoft (MSFT) setup from December 20th, 2024 showcases how to use real-time options flow, key Gamma levels, and volatility signals from SpotGamma to time a high-probability long trade — right off the 430 Put Wall. Professional trader and SpotGamma content contributor Doug Pless walks you through how Tape, HIRO, Equity Hub, and Bookmap work together to build a thesis, confirm setups, and manage a profitable exit.

Author:  Doug Pless
Professional Trader & SpotGamma Content Contributor

The Setup

The Tools

The Execution

The Payoff

• Stock: Microsoft (MSFT)

• Trade Type: Intraday reversal trade using shares or options

• Bias: Bullish reversal off $430 gamma-defined support

• Volatility: Moderate

• Thesis: Monthly OPEX tape action showed flow shift from bearish to bullish at $430 — creating an opening for a high-conviction reversal

HIRO
• Detected a major flow reversal: put flow dropped off as call flow increased
• Signaled market maker shift from bearish to bullish delta hedge flow

Equity Hub
• Key Levels:
  • Put Wall: $430
  • Large Gamma: $435
  • Resistance Target: $440
• Entry: When call flow rose after MSFT bounced off the $430 Put Wall

• Execution Confirmation: HIRO Flow Alert signaled bullish sentiment shift; supportive Bookmap price action confirmed

• Stop Loss: Defined using recent low just below $430 (tight risk)

• Profit Targets: $435 (Large Gamma), $440 (upside gamma resistance)
• Reward/Risk: Strong R/R using tight stop and gamma-defined upside

• Flow Confidence: HIRO flow flipped bullish before price confirmed

• Exit Zone: High liquidity area near $440

• Result: Clean intraday reversal trade — powered by real-time flow + gamma structure
  • Put Wall bounce + options flip = Clear reversal entry
  • HIRO confirmed shift in real time: Puts stopped, calls surged
  • Bookmap aligned: Gamma targets at 435 / 440
  • Setup fueled by: Monthly OPEX and large Gamma unwinding

Need a quick term check? Head to the Support Center — it’s your cheat sheet for SpotGamma tools and market terms.

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Written by SpotGamma · Categorized: Case Study · Tagged: Case Study, Doug Pless, MSFT

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