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

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SPX/SPY

Jun 04 2020

SG Combo Gamma Index In Action

ESM0 CME heatmap chart with price trail of colored dots, SPX/SPY gamma profile inset, and two green arrows pointing down.

Our combined gamma SPX/SPY gives many fascinating levels for traders. As you can see in the chart the market will often use the large gamma strikes in this indicator as support and resistance areas. This proprietary indicator is for subscribers only.

Written by SpotGamma · Categorized: Market Analysis · Tagged: bookmap, futures, gamma combo, SPX/SPY

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