S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest
SpotGamma Report for: 06/17/2021 AM
Daily Note: Futures tested 4190 (SPX 4200) overnight but recovered some to 4200. This level is critical support for markets, as gamma is negative under there. Simply put, a break of 4200 is risk off. For today, 4225 is the key overhead area due to the large amount of gamma at that strike. Into tomorrow's […]
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