There is a noteworthy situation in the SPX options market. The options contracts expiring tomorrow morning have accumulated a significant open interest at the key level of 7,000. These monthly expiration dates often bring market volatility, especially when a particular strike price gathers a large number of open contracts. Traders are closely watching whether this level can hold or if it will serve as support/resistance for tomorrow's market movement. This type of data is very helpful in understanding institutional trends.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
4
Repost
Share
Comment
0/400
PseudoIntellectual
· 01-15 18:56
It looks like the 7000 level will probably be a bloody battle tomorrow.
View OriginalReply0
SchrodingerProfit
· 01-15 18:56
It looks like the 7000 level will probably be a fierce battle tomorrow. Let's see how the institutions play it.
View OriginalReply0
UncleLiquidation
· 01-15 18:52
If we can't hold the 7000, we'll be smashed through. This month's expiration is a bit fierce.
View OriginalReply0
wagmi_eventually
· 01-15 18:50
This 7000 level, we'll see how institutions play it tomorrow... feels like it's about to break.
There is a noteworthy situation in the SPX options market. The options contracts expiring tomorrow morning have accumulated a significant open interest at the key level of 7,000. These monthly expiration dates often bring market volatility, especially when a particular strike price gathers a large number of open contracts. Traders are closely watching whether this level can hold or if it will serve as support/resistance for tomorrow's market movement. This type of data is very helpful in understanding institutional trends.