S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest
SpotGamma Report for: 04/08/2022 AM
Daily Note: Futures are up a few points to 4510. Our gamma index is exactly 0, which forecasts a 1% intraday move (open/close) today. Support lies at 4500, then 4475. Resistance lies at 4520 (SPY 450) and then 4550. While the SPX is in a fairly neutral stance, its of note that our vanna charts […]
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