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S&P 500 Stock Market Gamma Trading Levels Based on Options Open Interest

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combo strike

Jul 13 2020

The Power of Combo Strikes™

Gamma chart of ESU0 futures with Combo 3236 and 3210 labels, yellow lines, and 3214.75 last price.

Our proprietary “Combo Strikes” which blend SPX and SPY interest have been great support/resistance lines for trading SPY, ES or SPX. You can see in our AM note highlighted below we marked 3136 (SPX) which is 3126 (ES) as a resistance level. Below is the quoted range from our AM premarket subscriber report. That level […]

Written by SpotGamma · Categorized: Market Analysis · Tagged: bookmap, combo strike

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