by ricardo@optionelements.es | Jul 28, 2020 | Sin categoría
Futures had a fairly active night touching 3245 and pulling back to 3215 overnight. Currently they are around 3225, and despite that movement we anticipate a quiet day ahead. Notional gamma levels did build some which is a good sign, but on the Combo charts we are... by ricardo@optionelements.es | Jul 27, 2020 | Sin categoría
Futures are a bit higher this morning to 3220 which is near the highs of Friday. Gamma levels are little changed for today leaving us in a similar position to the end of last week. We did see a small buildup of puts in the latest data change, with 3100,3150 and 3200... by ricardo@optionelements.es | Jul 24, 2020 | Sin categoría
The low in futures overnight was 3200 as the selloff extends. We see the ZeroGamma/Vol Trigger lines now around 3180 in SPX. The challenge for SPX holding there is that SPY and QQQ at or on negative gamma levels, which means that if we sell off down to 3180 SPX it may... by ricardo@optionelements.es | Jul 23, 2020 | Sin categoría
Futures advance to the 3275 area overnight. Like yesterday we see little to no change in most levels, but the concentration of gamma at 3300 increases. The SPY notional gamma appears to be larger than SPX, which happens on occasion and possibly reflects higher retail... by ricardo@optionelements.es | Jul 22, 2020 | Sin categoría
Futures sold off earlier this morning to 3225 before recovering to the 3250 area. There was almost no change in data levels for SPX overnight. I actually had to double check the data to make sure the correct code ran! Things have clearly stalled out, and maybe the... 