SPY-M: Monday’s expiration really doesn’t have anything in the way of call resistance, but has lots of puts. 285 and 283 are first areas of put support and then 280 to 281. If we open below 285 or 283 those puts may pull price up, but they aren’t super high so it likely wouldn’t hold...
SPY-M: There is no perfect pin for Monday, but there also isn’t really high calls to contend with. There are some puts at 288 and 285, but they are so small I don’t consider them to be impactful. The only thing that could have impact is the 280 puts which should hold up with any...
SPY-M: The best pin for Monday is between 292 and 293 with a range between high puts and calls of 290 to 296. Given where we closed Friday and the volume being decently high on the 290 and 296 level, price will likely close within those boundaries. Getting and holding over 296 would mean shorts...
SPY-M: The best pin for Monday is 296 with heavy resistance at 300. Price closed under both the high 296 and 293 puts. The longer price stays below them the more chances they have to close out and thus may not affect price much. However, if there is a gap higher or a quick move...