This is a guest post from professional trader David Blake. Friday saw a decent down day for a change and all being well we’ll see more like this in the weeks ahead. I wanted to share how useful again the spotgamma unicorn levels were to me on trades during Friday RTH allowing me to trade […]
ES
Gamma Level Resistance – A Visualization
Today provided an excellent example of key resistance at an important options level in the SPX/ES. As you can see the market had a consistent bid from the open right into our 3387 SPX level (yellow arrow, left). The market spend much of the afternoon up against that resistance area, and finally rejected it towards […]