SPX Gamma Update
Quick note: Boosted by a massive short squeeze after hedgefonds sold short the market via index products the SPX is testing its first major resistance at 4700.
The mechanic plays out like this: Short sellers have to buy back underlyings, while dealers have to sell futures at 4700/4750/4800.
I would be surprised if we push through 4700 right away. More likely this level will pin the market.
The mechanic plays out like this: Short sellers have to buy back underlyings, while dealers have to sell futures at 4700/4750/4800.
I would be surprised if we push through 4700 right away. More likely this level will pin the market.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.