SpotGamma Report for: 02/03/2021 PM

Daily Note: The SPX held a much tighter range today as it was pressed up against the large gamma area of 3850. SPX volume was decent at 1.1mm contracts, but again skewed a bit towards puts at 1.77PC. The VIX dropped sharply to 23, shedding nearly 10%. Its likely key SG levels remain the same […]