GEX Analysis for MSFT on Dec. 13, 2024Current Price: $447.90
IVR: 7.8
IVx Average: 19.8
Options Sentiment: Neutral to slightly bullish with 31.7% in Calls.
Key Levels:
* HVL (High Volume Level): $445.00
* Support Levels:
* First Support: $445.00 (GEX9 Level and HVL)
* Second Support: $440.00 (PUT Support)
* Third Support: $437.50 (2nd PUT Wall)
* Resistance Levels:
* First Resistance: $450.00 (Highest Positive NETGEX Level)
* Second Resistance: $452.50 (3rd CALL Wall)
* Major Resistance: $457.50 (GEX8 Level)
Market Sentiment:
* The highest positive NETGEX is at $450.00, indicating a key resistance level. Breaking above this could propel MSFT toward $452.50 or higher.
* Below $445.00, bearish sentiment might strengthen, targeting $440.00 and $437.50.
Actionable Strategy:
* Bullish Setup: Long positions above $450.00, targeting $452.50, with a stop loss at $447.50.
* Bearish Setup: Short positions below $445.00, targeting $440.00, with a stop loss at $446.50.
Reminder:
Always monitor updated IVR and IVx metrics for real-time conditions before entering any trade. These metrics provide critical insights for decision-making.
Disclaimer: This analysis is for educational purposes only. Always perform your own research before trading.
