ES futures bounce off of our 3267 low and close right on the ZeroGamma level. Our levels are noted at left in the “Gamma” column. This is the Bookmap trading system.
ES futures
Overnight Outperforms?
There is well knows research which shows that the overnight session in ES/SPX is the source of most of the positive market performance. This chart from Bespoke does a great job highlighting this. We have thought a lot about this, and had a theory that this out-performance may be due in part to options hedging […]
ZoneTraderPro Futures Trade Review
Our friends at ZoneTraderPro have a great trade review from Friday 5/22, where the incorporate SpotGamma levels into their unique ES futures trading signals and plan.
The Case for Reduced Price Volatility
Our current view of markets is that we should see reduced price volatility following the large March expiration that took place this past Friday (3/20). One of the features of this expiration was a large number of in the money puts, which possibly created several billion in deltas for options dealers to hedge. As dealers […]