November 13th, 2026

NQ is currently trading around 28434.50, a touch softer overnight as the Nvidia leadership shakeup keeps tech on edge. Thursday's high of 28652.25 and low of 28013.75 frame the range, and price sits in the upper half of it. The dealer gamma flip converts to about 28536.25 in futures terms, roughly 100 points above price, so NQ starts on the wider side of that line. Below the flip, ranges have tended to be larger and moves can travel further. The level Rips is watching on air is the bid support zone between 28381.50 and 28400.00. Rips trades NQ live at 8AM ET, so tune in to see how he plays the open.

ES is currently trading around 7635.00, about 20 points above Thursday's 7615.25 close. Thursday's high of 7674.75 and low of 7572.00 are the two references that frame the session. The dealer gamma flip works out to roughly 7641.25 in futures terms, so ES is sitting just under it. That puts ES right on the line between the calmer regime above and the wider regime below, and a sustained move back over 7641.25 would tilt it toward quieter trade. The level Rips is watching on air is the bid support zone between 7614.75 and 7618.00. Join the live show at 8AM ET for the full read on the open.

SPY is currently trading around 759.25, a bit above Thursday's 757.12 close and just under Wednesday's 759.81 close, which is the first level to reclaim. If buyers take it back and hold it, Wednesday's 762.51 high and Thursday's 763.04 high form the next hurdle. Options traders were heavy net buyers of puts at the 763 and 766 strikes on Thursday, so that pocket could see a fight. Clearing it opens the 765 strike, one of the larger call open interest levels nearby, sitting next to 765.97, the high from last Thursday, with the 770 strike above as the stretch target.

On the downside, Thursday's 757.12 close is the first area to defend, followed by 755.42, Monday's high, and 754.90, Wednesday's low. A break below Thursday's 753.67 low that does not recover opens a move toward 752.69, Monday's close. A return above 759.81 after an early dip would weaken the downside case, and the producer price report at 8:30AM ET could set the tone before the bell.

QQQ is currently trading around 689.50, slightly above Thursday's 688.17 close after that session rallied from 679.83 as high as 694.56. The 690 strike, a heavy open interest level that lines up with Wednesday's 690.38 close, is the first pivot overhead, and 690 calls were the most heavily net bought QQQ strike on Thursday. If buyers clear and hold that area, Thursday's 694.56 high and Wednesday's 695.57 high come next. Above those, the 700 strike, one of the biggest open interest levels on the board, sits just under 701.45, the high from Wednesday of last week.

If price slips back under 688.17 and cannot recover, the 685 strike near 685.28, the close from Tuesday of last week, is the first support, followed by Wednesday's 683.56 low. Below that, the 680 strike carries the most open interest of any QQQ strike and sits right on Thursday's 679.83 low, so it is the line that matters most. A move back above 690.38 after a dip would keep buyers in control.

AAPL is currently trading around 356.00, edging higher before the bell after Thursday's run to 359.37, its highest level in at least the past five months. That high is the first upside test. The 360 strike sits right above it and carries the heaviest open interest of any AAPL strike near price, so a push through 359.37 and a hold above 360 is what buyers need to see. Beyond that, the 365 strike, another large open interest level, is the stretch target, though options traders were net sellers of 360 calls on Thursday.

On the downside, Wednesday's 355.91 high and 355.63 close form the first support area, with the 355 strike right beside them. Losing that cluster opens Thursday's 354.41 low, then 353.87, Tuesday's high, and 352.33, Monday's high. Puts at the 352.50 strike were the most heavily net bought AAPL strike on Thursday, which makes that area worth watching. Below sits the 350 strike next to Monday's 350.69 close. A return above 359.37 would keep the breakout story alive.

MSFT is currently trading around 515.00, down about one and a half percent before the bell after Outlook, Teams and Copilot suffered outages for several hours late Thursday. That gap puts price under Wednesday's 518.45 low and Thursday's 520.00 low, so those are the first recovery levels. The 520 strike, a heavy put open interest level, sits right on Thursday's low. If buyers reclaim 520 and hold it, Thursday's 523.00 close comes next, then 526.37, Tuesday's low.

On the downside, 514.35, the October 30 low, is the first reference just under price. If that breaks and cannot recover, the 510 strike is next, where options traders were net buyers of puts on Thursday, including a 2,000 contract block of November 20 puts that traded at the ask. Under that, 507.82 and 507.12, early November references, lead toward 504.96, the November 2 low, with the 500 strike, the largest put open interest nearby, below. A return above 520 after a dip would weaken the downside case.

AMZN is currently trading around 270.25, up about one percent before the bell and right on the 270 strike, one of its heaviest open interest levels, which lines up with 270.87, Tuesday's close. The 270 calls were also the most heavily net bought AMZN strike on Thursday. If buyers hold above 270.87, the next hurdles are 272.88, Tuesday's high, and 273.60, Thursday's high. A push through those opens the 275 strike, the largest call open interest on the board, sitting beside Wednesday's 274.87 high and Monday's 275.34 high.

If 270 gives way and price cannot recover, Thursday's 267.44 close and 267.20 low are the first support area, with 266.91 and 266.93, Monday's low and close, right below. Losing that pocket opens Wednesday's 265.62 low and the 265 strike, another heavy open interest level where options traders were net buyers of puts on Thursday. A return above 270.87 after a dip would keep the upside case in charge.

NVDA is currently trading around 170.50, up about two and a half percent before the bell after a wild Thursday, the day its longtime chief executive stepped down. The stock opened near 151.00, fell to 148.80, then rallied to close at 166.19 on more than twice the prior day's volume, as the finance chief stepped in as interim CEO. Price now sits on the 170 strike, a heavy open interest level, next to 170.24 and 170.77, the lows from Monday and Wednesday. A hold above 170.77 opens Wednesday's 173.73 close, then 174.69, Tuesday's high, and the 175 strike.

If 170 fails and price cannot recover, Tuesday's 168.89 close comes first, then Thursday's 167.14 high and 166.19 close. Below that, 165.89, Tuesday's low, is the last nearby reference before the 160 strike, a heavy put open interest level. Options traders were heavy net sellers of 170 and 172.50 calls on Thursday. Earnings are confirmed for Tuesday after the close, so headline swings could stay sharp.

GOOGL is currently trading around 302.25, up about one percent before the bell and testing Thursday's 302.56 high, the top of its range since the late October earnings gap. If buyers clear 302.56 and hold it, there is little chart history overhead until the prices from before that gap, where 316.60, the October 26 low, is the nearest reference, a distant stretch rather than a near target. Options traders were net sellers of 310 calls on Thursday.

The 300 strike right under price is the key level to defend, one of the heaviest open interest areas and a strike where calls were net bought on Thursday. If 300 breaks and price cannot recover, Thursday's 298.70 close is next, followed by 296.49, the high from Wednesday of last week, and 296.33, Monday's high. Under those sit 295.74, Wednesday's high, and the 295 strike, where calls were the most heavily net bought GOOGL strike on Thursday. A move back above 302.56 after a dip would keep the upside case in charge.

META is currently trading around 624.00, almost flat with Thursday's 623.61 close after a second straight lower close. The first level overhead is the 625 strike, a put open interest level that lines up with 625.35, Thursday's open, and 625.60, last Friday's high. Options traders were net sellers of 625 calls on Thursday. If buyers clear that pocket and hold it, Wednesday's 627.97 low and 628.77 close come next, followed by 630.00 and 630.32, Monday's low and Thursday's high, the bigger hurdle.

On the downside, Thursday's 618.92 low is the first support. If it breaks and price cannot recover, the 615 strike, another put open interest level, is next, then 610.15, last Friday's close, and 610.10, the low from Tuesday of last week. Below those, 606.66, last Friday's low, leads toward the 600 strike, one of the heaviest open interest levels on the board. A return above 630.32 after a dip would weaken the downside case and break the run of lower closes.

TSLA is currently trading around 400.00, a little above Thursday's 397.45 close and sitting right on the 400 strike, the heaviest call open interest level on the board. Calls at 400 were also the most heavily net bought TSLA strike on Thursday. Thursday's 401.22 high is the first test overhead. If buyers clear it and hold, 403.82, the November 2 close, and 404.22, the October 30 high, come next, then 406.50, the high from Tuesday of last week, and the 410 strike as the stretch target.

On the downside, 398.50, the close from Tuesday of last week, and Thursday's 397.45 close are the first support area. Losing them opens 395.43, Wednesday's high, with a 1,500 contract block of November 20 395 calls having traded late Thursday. Below that, the 390 strike lines up with Wednesday's 390.84 close, and a break there that does not recover opens 386.35 and 385.20, the lows from Wednesday and Thursday. A return above 401.22 would keep the upside case in charge.

Today's main event is the Producer Price Index at 8:30AM ET. It measures what businesses receive for their goods and services, an early read on inflation in the pipeline. Forecasts call for a 0.4 percent monthly rise after a hot 1.3 percent jump in September, with the core reading expected up 0.3 percent. A hotter number could push rates higher, with the 10 year yield already around 5.13 percent, while a cooler one would give stocks some breathing room.

The other story is Nvidia. Its chief executive stepped down Thursday, and futures are digesting the fallout with Nasdaq futures a bit softer than the S&P. As a group the Magnificent 7 are mixed premarket: GOOGL, AMZN and NVDA are up, MSFT is the clear laggard after its outage, and AAPL, META and TSLA are close to flat. In the options market, SPY saw heavy put buying at the 763 and 766 strikes on Thursday, just above price. NVDA reports earnings Tuesday after the close.

Watch whether buyers can hold the early levels after the PPI release and whether NVDA keeps its rebound. Good luck, trade safely, and have a great Friday and a relaxing weekend!

You can catch Rips every Monday through Friday at 8AM ET streaming live for FREE on YouTube at https://www.youtube.com/@RipsTrades and on Kick at https://kick.com/rips where he breaks down the markets in real time and helps traders level up.