by ricardo@optionelements.es | Mar 6, 2020 | Sin categoría
It appears that macro events are starting to take center stage now as US bonds are making major moves. I would note that (unsurprisingly) any positive movement in our indicators made yesterday have been wiped out, and negative gamma is at/near its largest levels of... by ricardo@optionelements.es | Mar 5, 2020 | Sin categoría
Back down we go as futures are testing 3050. Nevertheless gamma is less negative than we had at the start of day yesterday backing up the notion that some puts were closed. It didn’t appear that much in the way of calls were added which is not great if your... by ricardo@optionelements.es | Mar 4, 2020 | Sin categoría
Futures holding a rally this morning and negative gamma is back to levels similar to yesterday morning. Our Gamma Tilt indicator showed a bounce this morning as call gamma builds a small amount. It still appears that we will have to push over over 3150->3200 area... by ricardo@optionelements.es | Mar 3, 2020 | Sin categoría
Futures held a relatively tight range overnight as investors awaited the G7 meeting outcome. Its clear that put positions were reduced yesterday based on the Gamma Tilt and also OI change charts. There was a particularly large reduction in puts at the 3050 strike... by ricardo@optionelements.es | Mar 2, 2020 | Sin categoría
Futures have already made moves overnight that rival Thurs/Fri, moving from 2900->3000->2900. We heard that there was in fact a pretty decent cash inflow at the Friday close from asset managers/institutions. This could well have been the buying spark that... 