by ricardo@optionelements.es | Sep 1, 2021 | Sin categoría
Futures have drifted higher to 4535 after a quiet overnight session. We look for another tight trading range (73bps) with resistance at 4550 & 4564, and support at 4514. The Vol Trigger jumped higher to 4495 which we mark as a healthy signal. This indicates that... 
by ricardo@optionelements.es | Ago 31, 2021 | Sin categoría
by ricardo@optionelements.es | Ago 31, 2021 | Sin categoría
Futures pushed to new all time highs of 4542 before reverting back to yesterdays closing level of 4526. We look for another tight trading range today with an SG implied move of 66bps. The Call Wall for both SPX/SPY shifted higher to 4550/450 which confirms these... 
by ricardo@optionelements.es | Ago 30, 2021 | Sin categoría
Futures are holding the large 4500 level which forms as a new “base of operations”. We think this week will be rather quiet, as the S&P starts with a large amount of gamma and a 1 day SG max move estimate of 0.68%. We note resistance at 4521, with support at 4475.... 
by ricardo@optionelements.es | Ago 27, 2021 | Sin categoría
Futures have pushed back to 4480 ahead of the Jackson Hole proceedings. Gamma did reduce some which gives us a higher SG implied move of 0.87%. With that we see major resistance at 4512 & 4498, with support at 4475 & 4450. Powell speaks at 10AM which... 