Market Changes So Must We SPX SPY ES
Updated
The movement overnight on 1/7-1/8 was quite impressive and did provide a large dip. However it was quickly bought up and it appears the Iran situation is deescalating. We're seeing calls trading overhead, lots of long gamma and a reduction in VIX. As such we are looking for a move to 327.5-330 (3375 -3300 SPX)
spotgamma.com
spotgamma.com
Trade closed: target reached
OPEX this week will cause positions to roll. well look to next week for a different setup.
$SPX $SPY Options Gamma Modeling
spotgamma.com
spotgamma.com
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