There's no such thing as round levels, instead:
1) You open the option chain of given vehicle;
2) You notice the step between the strikes that have significantly higher volume/OI than the other ones;
3) for example on ES dem would be xx50.00 and xx00.00;
Without further analytics of the option chain, the very general rule is that these levels usually stop & repel the sharp jumps in prices, and allow the average activity to pass through em with a little stuck around em.
Again the reason is microstructural, some of are hedging current & anticipated option positions on good prices. Usually market allows to do it right after economic releases.
About the example, if you have any platform that offers a liquidity heatmap, try to find that reversal on ES & correlated assets, that moment in time that I market with a circle, you might be surprised.
1) You open the option chain of given vehicle;
2) You notice the step between the strikes that have significantly higher volume/OI than the other ones;
3) for example on ES dem would be xx50.00 and xx00.00;
Without further analytics of the option chain, the very general rule is that these levels usually stop & repel the sharp jumps in prices, and allow the average activity to pass through em with a little stuck around em.
Again the reason is microstructural, some of are hedging current & anticipated option positions on good prices. Usually market allows to do it right after economic releases.
About the example, if you have any platform that offers a liquidity heatmap, try to find that reversal on ES & correlated assets, that moment in time that I market with a circle, you might be surprised.
Gor Dragongor
t.me/synchro1_channel
linkedin.com/company/synchro1
t.me/synchro1_channel
linkedin.com/company/synchro1
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Gor Dragongor
t.me/synchro1_channel
linkedin.com/company/synchro1
t.me/synchro1_channel
linkedin.com/company/synchro1
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
