SpotGamma Report for: 01/14/2021 PM

Daily Note: Markets made an early rise into the higher gamma band of 3815-3825 then turned weaker to close at 3795. The path of least resistance is again in the direction of 3800. SPX options volume was strong at 1.2mm contracts and a 1.6PC ratio. Tomorrow finally brings OPEX and hopefully leads to some changes […]