S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest
SpotGamma Report for: 06/23/2021 AM
Daily Note: Futures are flat to last nights close 4238, but did mark new highs at 4248. Positive gamma built significantly resulting in our models forecasting a small 75bps (30pts) max 1 day move in the SPX. 4275 is major overhead resistance, 4250 the "pivot" point, and 4225 support. We don't expect much movement today. […]
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