por Responsyble | Nov 8, 2024 | Informe Option Levels
Macro Theme: Key dates ahead: 11/13 CPI We are long of equities while SPX is >5,900, with an initial upside target of 6,000 (Call Wall). From pre-election: “Jan NVDA and/or QQQ calls are our preferred way to hedge the election/FOMC right tail,...
por Responsyble | Nov 7, 2024 | Informe Option Levels
Macro Theme: Key dates ahead: 11/7 FOMC We are long of equities while SPX is >5,900, with an initial upside target of 6,000 (Call Wall). From pre-election: “Jan NVDA and/or QQQ calls are our preferred way to hedge the election/FOMC right tail, as call...
por Responsyble | Nov 5, 2024 | Informe Option Levels
Macro Theme: Key dates ahead: 11/5 – 11/6 Election 11/7 FOMC We are currently neutral of equities until/unless SPX recovers >=5,800, and short of equities if SPX <5,700. 5,850 is pre-election resistance. Jan NVDA and/or QQQ calls are our preferred...
por Responsyble | Nov 4, 2024 | Informe Option Levels
Macro Theme: Key dates ahead: 11/5 – 11/6 Election 11/7 FOMC We are currently neutral of equities until/unless SPX recovers >=5,800 5,850 is pre-election resistance. Jan NVDA and/or QQQ calls are our preferred way to hedge the election/FOMC right tail,...
por Responsyble | Nov 1, 2024 | Informe Option Levels
Macro Theme: Key dates ahead: 10/31 CORE PCE 11/1 PMI 11/6 Election 11/7 FOMC We remain long of equities while SPX >5,800, and neutral <5,800. Currently we do note see a material negative gamma SPX position until <5,700, suggesting a lack of strong...
