S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest
SpotGamma Report for: 04/26/2022 PM
Macro Theme: A sustained rally is unlikely to occur until May 4th which holds the FOMC & Russian default. Due to these events, volatility (i.e. large puts) is unlikely to be meaningfully sold. This prevents an extended rise in equities.We see substantial, longer-term support at 4050. Daily Note: Abstract: Markets were far lower than expected on […]
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