S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest
SpotGamma Report for: 05/22/2020 AM
Note:Futures tested 2900 overnight and held the zero gamma level (2905). We have jobless claims this AM which may impact markets before the open. 2950 sets up as resistance, and 2900 as "cautious" support. I say cautious because while there is large open interest at 2900, it also marks negative gamma territory. The Vol Trigger […]
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