S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest
Founders Note for: 2022-07-20 07:36 EDT
Macro Theme: Macro Theme: Market Context: Rallies should be categorized as short covering and subject to failure. S&P 500 Levels: $4,000.00 is significant overhead resistance.$3,900.00 is a pivot above which volatility should decrease.$3,800.00 is major support below which there may be an accelerated sell-off. What To Watch: Larger ranges following the July 15 (equity) and July […]
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