SPX Gamma AM
Updated
Morning.
It is going down, as I warned repeatedly over the last couple days: Putin is demanding rubles for energy. Possibly the biggest story since the beginning of the war.
Please consult the chart above for important gamma levels. Dealer gamma now at 355MM currently.
It is going down, as I warned repeatedly over the last couple days: Putin is demanding rubles for energy. Possibly the biggest story since the beginning of the war.
Please consult the chart above for important gamma levels. Dealer gamma now at 355MM currently.
Note
Not saying that this will have negative consequences, but from a pure gamma perspective 4600 was the last major resistance. Markets will not have much support from dealer buying below.
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