by ricardo@optionelements.es | Jul 19, 2021 | Sin categoría
Futures are down 75bps to 4285 which indicates we start the session in a negative gamma position. Accordingly, our 1 day SG max move is much higher than last weeks readings at 1.1%. The official gamma flip points are coming in at 4335 but we suggest using 4300 as the... 
by ricardo@optionelements.es | Jul 16, 2021 | Sin categoría
by ricardo@optionelements.es | Jul 16, 2021 | Sin categoría
by ricardo@optionelements.es | Jul 16, 2021 | Sin categoría
Futures touched a low of 4340 overnight before pushing higher – current 4360. This indicates an opening near 4375 which is our largest gamma strike. As a reminder the bulk of SPX options expire on the open, with equities and some smaller SPX expiring at 4pm EST. We... 
by ricardo@optionelements.es | Jul 15, 2021 | Sin categoría
Futures are off slightly to 4355. Key levels remain the same with 4350 support and 4400 the top of the range into Fridays close. For today we highlight 4390 as large Combo Strike resistance. Our SG implied max move is just 71bps/31pts today and so we anticipate a... 