by ricardo@optionelements.es | Ene 25, 2022 | Option Levels
Futures have consolidated some, back to 4365. Yesterdays data shows a reduction in negative gamma across both the S&P & QQQ which leads to slightly lower volatility expectations for today (1.36% open/close max move). Resistance strikes are at 4405 & 4453.... 
by ricardo@optionelements.es | Ene 24, 2022 | Sin categoría
by ricardo@optionelements.es | Ene 24, 2022 | Option Levels
Futures had overnight highs of 4425, but are down to lows of 4375. Fridays expiration leads to a reduction in gamma, but we still anticipate high volatility for today. Resistance is at 4400 followed by 4453. Support lies at 4356 and 4330. This is a very fragile,... 
by ricardo@optionelements.es | Ene 21, 2022 | Option Levels
Futures are up slightly from last nights close to 4475, but well off of overnight lows of 4429. The move lower has increased the negative gamma position significantly, which forecasts a great deal of volatility for todays session (1.76% open/close max move). We see... 
by ricardo@optionelements.es | Ene 20, 2022 | Option Levels
Futures are up slightly to 4540. We look for volatility to remain high, with an SG Est 1 Day Move of 1.5%. We see support at 4517, then 4500. Resistance is at 4550 & 4600. There was very large negative delta trading across the S&P & QQQ, which when... 