S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest
Daily Note: Futures are up slightly from last nights close to 4475, but well off of overnight lows of 4429. The move lower has increased the negative gamma position significantly, which forecasts a great deal of volatility for todays session (1.76% open/close max move). We see resistance at 4500 & 4550. Support lies at 4450 […]
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