S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest
Founders Note for: 2022-08-30 16:45 EDT
Macro Theme: Key Levels: –> $4,000-$4,100 is a “neutral zone”. We would favor long position(s) on a break >4100 and be bearish on a move <4000.–>Mark 9/16 OPEX as a key turning date for markets.Ref Px: 3976SG Imp Move: 1.08%SG Imp Move (5day): 2.85%Vol Trigger: 4090Abs Gamma Strike: 4000Call Wall: 4400Put Wall: 4000 Daily Note: […]
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