por ricardo@optionelements.es | Dic 31, 2021 | Option Levels
There was a sharp drop in futures overnight to 4750 – but they have staged a recovery to the 4775 area. Our data is little changed from the previous two days: we forecast a fairly tight trading range of 0.55%, with resistance at 4786 and 4800. Support lies at 4745. ...
por ricardo@optionelements.es | Dic 30, 2021 | Option Levels
Once again we saw little movement in overnight futures, and little change to our forecast. 4800 is still the predominant gamma strike (and “pin” area), with support at 4787 & 4775. Resistance holds at 4815 and 4825. Our estimated open/close range on the day is a...
por ricardo@optionelements.es | Dic 29, 2021 | Option Levels
Futures are flat to last nights close. Little changed in our models overnight – we look for another small trading range centered around the 4800 strike. Resistance lies at 4800 & 4821 (SPY 480 equivalent), support is at 4775. Below we’ve plotted gamma by strike in...
por ricardo@optionelements.es | Dic 28, 2021 | Option Levels
Futures pushed higher to 4794 indicating the S&P500 will open at its Call Wall resistance line. This move higher adds to the positive gamma position in the S&P which leads our model to look for a low volatility day, with a pin near the 4800 SPX / 480 SPY...
por ricardo@optionelements.es | Dic 27, 2021 | Option Levels
Futures are up slightly from Fridays close: 4728. Our updated models show a solid amount of positive gamma, and with that we see a tight 0.56% open/close range for today. We see resistance at 4749, with support at 4720 (SPY470 equivalent) & 4700. Its key to note...
