Macro Theme: Key dates ahead: 9/26 GDP 8:30AM ET & Powell Speaking 9:20AM ET 9/30 Quarter End OPEX TLDR: We continue to maintain long positions >5,700, and would flip to neutral if the SPX goes <5,700. We expect more chop today, with eyes...
Informe Option Levels
Informe Option Levels
Macro Theme: Key dates ahead: 9/26 GDP & Powell Speaking 9/30 Quarter End OPEX TLDR: We continue to maintain long positions >5,700, and would flip to neutral if the SPX goes <5,700. We expect more chop today, with eyes remaining on time & price:...
Informe Option Levels
Macro Theme: Key dates ahead: 9/26 GDP & Powell Speaking 9/30 Quarter End OPEX We're looking for OPEX-related price consolidation as call-heavy positions adjust, which could extend into Monday. <5,700 we flip from net long to neutral. <5,650 we flip...
Informe Option Levels
Macro Theme: Key dates ahead: 9/26 GDP 9/30 Quarter End OPEX We're looking for OPEX-related price consolidation as call-heavy positions adjust, which could extend into Monday. <5,700 we flip from net long to neutral. <5,650 we flip from neutral to net...
Informe Option Levels
Macro Theme: Key dates ahead: 9/20 Huge Quarterly OPEX Following FOMC, we see equities in a negative gamma stance, which implies upside volatility may remain. SPX 5,750 & IWM 230 are the major upside levels into 9/20 OPEX. Into Friday/Monday OPEX may...
Informe Option Levels
Macro Theme: Key dates ahead: 9/20 Huge Quarterly OPEX Following FOMC, we see equities in a negative gamma stance, which implies upside volatility may remain. SPX 5,750 & IWM 230 are the major upside levels into 9/20 OPEX. Into Friday/Monday OPEX may offer...
Informe Option Levels
Macro Theme: Key dates ahead: 9/18 FOMC/VIX Exp 9/20 Huge Quarterly OPEX 9/18 - 9/20 is a major inflection point for equities, due to VIX Exp & FOMC (9/18), followed by Triple-Witching-OPEX. Key SG levels for the SPX are: Support: 5,620, 5,600, 5,500...
Informe Option Levels
Macro Theme: Key dates ahead: 9/18 FOMC/VIX Exp 9/20 Huge Quarterly OPEX 9/18 - 9/20 is a major inflection point for equities, due to VIX Exp & FOMC (9/18), followed by Triple-Witching-OPEX. Key SG levels for the SPX are: Support: 5,620, 5,600 Resistance:...
Informe Option Levels
Macro Theme: Key dates ahead: 9/18 FOMC/VIX Exp 9/20 Huge Quarterly OPEX 9/18 - 9/20 is a major inflection point for equities, due to VIX Exp & FOMC (9/18), followed by Triple-Witching-OPEX. Key SG levels for the SPX are: Support: 5,600, 5,550 Resistance:...
Informe Option Levels
Macro Theme: Key dates ahead: 9/18 FOMC/VIX Exp 9/20 Huge Quarterly OPEX Key SG levels for the SPX are: Support: 5,550, 5,500 Resistance: 5,600, 5,624 As of 9/12/24: Models are risk-on >5,520, following a close above that level on 9/11 SPX prices...
Informe Option Levels
Macro Theme: Key dates ahead: 9/12 PPI 9/18 FOMC/VIX Exp 9/20 Huge Quarterly OPEX Key SG levels for the SPX are: Support: 5,510, 5,500, 5,400, 5,340 Resistance: 5,550, 5,560, 5,600 As of 9/12/24: Models are risk-on >5,520, following a close above that level...
Informe Option Levels
Macro Theme: Key dates ahead: 9/11 CPI 9/18 FOMC/VIX Exp 9/20 Huge Quarterly OPEX Key SG levels for the SPX are: Support: 5,400, 5,340 Resistance: 5,500, 5,520 As of 9/09/24: Models are now risk-neutral in the 5,400-5,500 range, due to the SPX testing 5,400 on...