por ricardo@optionelements.es | Feb 23, 2022 | Option Levels
Futures have shifted higher to 4332. We’ve seen the 4300 level fill in with positions, and its now the largest total gamma strike on the board (from 4400). With that we see 4200 as the Put Wall, down from 4300. This speaks to a general trend of the options market...
por ricardo@optionelements.es | Feb 22, 2022 | Option Levels
Futures are near 4335, up from overnight lows of 4249. Our models look for continued volatility with resistance at 4400, and support at 4300 and 4270. Our current views remain in line with that of Friday. We see little reason for “risk on” and a large rally until...
por ricardo@optionelements.es | Feb 18, 2022 | Sin categoría
por ricardo@optionelements.es | Feb 18, 2022 | Option Levels
Futures popped a bit, currently trading near 4400. We remain in high volatility mode, with major indices adding more negative gamma. Support lies at 4400 and 4345. Resistance stands at 4430, 4450 and 4500. Before yesterdays open we saw implied volatility deflating and...
por ricardo@optionelements.es | Feb 17, 2022 | Option Levels
Futures where flat overnight to 4450, and we see a small reduction in our volatility expectations. The estimated open/close maximum move for today is 1.3%, with resistance at 4475 and 4500. Support lies at 4455 and 4406. The market appears to be reducing its...
