by Chris White | May 16, 2020 | Uncategorized
61.8% Fib Level Proved Resistance This week in the SPY we saw a loss of 2.1% after hitting the 61.8% Fib retrace level of around 294.12. The high for SPY on Tuesday was 294.24. SPY Weekly Options Performance In the 7 DTE option chain the biggest %gain was observed in...
by Chris White | May 9, 2020 | Uncategorized
Still flirting with the 61.8% Fib Retrace Level but lower Implied Volatilities This week in the SPY we saw a gain of 3.37%, bringing us back up to re-test the major 61.8% Fib retrace level. This new re-test is occurring as Implied Volatilities across the board are...
by Chris White | May 2, 2020 | Uncategorized
For the week ending May 1st 2020, here’s a quick summary of the US Market Week SPY Unchanged from previous Friday BUT hit a major technical level during the week: The 61% Fib retracement. SPY hit its head on the 61.8% retracement level and started selling with...
by Chris White | Apr 13, 2020 | Uncategorized
The current market crash The Coronavirus has been the catalyst to the market crash witnessed over the past 50 calendar days. In this blog post I will take a look at how SPY options have performed during 3 distinct periods of the crash. The first period being the...
by Chris White | Feb 29, 2020 | Uncategorized
Last week was a volatile one in the markets as the S&P500 index ETF (SPY) gapped down on Monday and continued to sell-off all week. The ETF hovered at the 30 day expected move lower band on Tuesday and Wednesday and then gapped down through it on Thursday and sold...
by Chris White | Feb 24, 2020 | Uncategorized
Update on $SNAP Last week I wrote a post describing the upcoming Expected Move in $SNAP based on the options 30 day Implied Volatility (IV) number. I will be following the stock for 30 days and providing weekly updates on both the stock and options price movement....
