por ricardo@optionelements.es | Mar 16, 2022 | Option Levels
Future are up sharply overnight to 4308, driven by large stimulus out of China (see image below). We’d anticipate 4300-4315 (SPY 430) acting as resistance into the 2pm ET FOMC meeting today. After 2pm we look for high volatility as traders adjust to the Fed’s...
por ricardo@optionelements.es | Mar 15, 2022 | Option Levels
Futures currently near 4175, which is up from 4129 lows. Once again today we look for elevated volatility, with an SG 1 day implied move of 1.46% (open/close). Resistance is at 4201 & 4250. Support shows at 4151 and 4126. Our key views remain in line with those...
por ricardo@optionelements.es | Mar 14, 2022 | Option Levels
Futures have increased to 4230. Our models again look for volatility to remain elevated today, with an S.G. est move of 1.5% (open/close). Resistance lies at 4260 then 4300. Support shows at 4200 then 4170. This is obviously a big week with several catalysts, the...
por ricardo@optionelements.es | Mar 11, 2022 | Option Levels
Futures have rallied back into the 4270 area. We look for volatility to remain elevated, with resistance at 4300 & 4320 (SPY 430). Support shows at 4249 and 4199. With little change in options positioning our outlook remains like that of the last several days. If...
por ricardo@optionelements.es | Mar 10, 2022 | Option Levels
Futures have pulled back to 4250 overnight. There is little change to our models from a volatility or key levels perspective. Resistance remains at 4300 then 4320 (SPY 430 equivalent). Support shows at 4146. For the last two sessions our HIRO indicator has shown...
