S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest
Macro Theme: Rallies into June OPEX should be categorized as “short covering” and subject to failure.The $3600 JPM 6/30 short put strike (3620) is our major downside support into June 30th.The $4285 JPM 6/30 long put strike is our major upside level into June 30th. Daily Note: Synopsis: The general tone points to uncertainty and fear for […]
###
If you're already a SpotGamma member, please login below or on the Account Page to access this content.