NightMan_FutureMan

NightMan_FutureMan

abs gamma strikes: "The QQQ/tech complex still holds a lot of puts & negative gamma, which should invoke high volatility today. We mark 330 as support, and remind NQ/QQQ traders to respect the “vanna”, as implied volatility has such a large impact on puts. If markets do decide to rally today, you may get more upside in QQQ/IWM vs S&P because of that negative...

NightMan_FutureMan

Abs gamma strikes: Call wall at 421 Range 415-423 "shifted toward a “sell skew” to the upside. This is because markets have pushed into a zone with higher call interest and dealers that are long calls have futures to short."

NightMan_FutureMan

340 is safer bet if bull IMO but 350 range is median of larger trend so it is possible. Would feel more comfortable if QQQ found support at 335 - which is vol trigger. 340 is also call wall (resistance)

NightMan_FutureMan

QQQ - 5/6 Abs gamma strikes: Support: 325 Resistance 340 Vol trigger: 335

NightMan_FutureMan

Abs camma strikes: Support: 415, 410 Resistance: 420

NightMan_FutureMan

spy - may

NightMan_FutureMan

MT - May

NightMan_FutureMan

CLF - May

NightMan_FutureMan

- Call Total - 1,123,673 - Put Total - 872,467 - Hedgewall 300 - Support at 120 SMMA - 🔑 gamma strike - 300 - 🔑 delta strike - 270

NightMan_FutureMan

Above hedge wall and key gama strike. Near key delta strike. Support at 80. Top call OI 90. MMs will have to cover at 90+ - Call Total - 1,663,690 - Put Total - 1,469,509 - May need to test support at 20 SMMA - 🔑 delta strike - 85 - 🔑 gamma strike - 90

NightMan_FutureMan

MSFT has been consolidating since about the 4/12. Currently above hedge wall and key delta and gamma strikes. - Call Total - 1,238,988 - Put Total - 1,068,607 - Support at 20 and 60 SMMA - 🔑 delta strike - 240 - 🔑 gamma strike - 250

NightMan_FutureMan

If APPL pushes above 140 MMs will have to cover. If bulls find support at 140, I'm expecting 145-150 range. 130 needs to hold. - Call Total - 4,832,059 - Put Total - 3,133,980 - Support at 20 SMMA - 🔑 delta strike 130 - 🔑 gamma strike 140

NightMan_FutureMan

If TSLA pushes above 800 and finds support MMs may have to cover. Expecting 820 - 850 - 900 if 800 support holds. 700 needs to hold. Call Total - 2,454,533 Put Total - 2,523,420 Support at 20 and 60 SMMA - 🔑 delta strike - 900 - 🔑 gamma strike - 700

NightMan_FutureMan

SPY - 410 still critical support line IMO. Gamma void between 410 - 400. Keep an eye on VXX.

NightMan_FutureMan

SPY v VXX 4/22

NightMan_FutureMan

Could stay pinned around 415 today. SPY needs to establish support at 415 to push higher. 417-418-420 bullish pt. 412-410-409 if SPY loses range at 414. Looking to test SMMAs.

NightMan_FutureMan

spy v vxx - 4/21

NightMan_FutureMan

Resistance at 120 SMMA. Resistance at 414.41 area. Bulls need to fill gap at around 414.41-415 for possible reversal. Should be slow day unless we break 410. We do have a gap fill at 401-402. Range 410 - 412 - 415.