by ricardo@optionelements.es | Sep 9, 2021 | Sin categoría
Markets gave a quick intital test of the 4495 Vol Trigger before drifting back higher to close unch. Model Overview: 4500 support, 4550 resistance into 9/17 OPEX. VIX Exp 9/15 opens a window of weakness into 9/22 FOMC. SpotGamma Proprietary Levels Latest Data Previous... 
by ricardo@optionelements.es | Sep 8, 2021 | Sin categoría
Futures are lower,testing 4500. Overall gamma remains robust (particularly SPY) and so we anticipate a tight trading range today (0.73%). As 4500 is a very large gamma line we look to it as support, however the gamma flip point lies just below this level. Resistance... 
by ricardo@optionelements.es | Sep 7, 2021 | Sin categoría
Futures are at 4533 after putting in fresh all time highs at 4548. Our SG implied range is at 0.73% suggesting a tight trading range today. While there was a decline in the SG gamma Index for SPX we point out that the gamma notional in SPY is 2x that of SPX... 
by ricardo@optionelements.es | Sep 3, 2021 | Sin categoría
Futures edged higher to 4543. As anticipated there is little change to our forecast for today, particularly ahead of a 3 day weekend here in the US (Monday is a trading holiday). We look for resistance at 4550SPX/455SPY, with support at 4525. There is a... 
by ricardo@optionelements.es | Sep 2, 2021 | Sin categoría
Futures have pushed back to highs of 4538 which indicates the SPX will open against heavy resistance in the 4550 area. We look for another small trading range today, with a band of resistance from 4550-4560(SPY 455 equivalent). Support remains at 4515. We look... 