Option Investor
Market Wrap

Just can't get a break with leaders falling left and right!

HAVING TROUBLE PRINTING?
Printer friendly version
VIX 
Thursday 12/14 close: 28.27

30-yr Bonds
Thursday 12/14 close: 5.42% 

Support/Resistance Indicator
The Index Support/Resistance(S/R)Ratio is a formula used to
gauge possible support or resistance based on open-interest
disparity. Ratio listed is percentage of calls to puts or
puts to calls respectively.

Support is factored from dividing puts by calls at strike 
levels beneath index closing price. Resistance is factored 
from dividing calls by puts at strike levels above current 
closing price. 
 
                                   Thursday
                                 (12/14/2000)      
  (Open Interest)       Calls        Puts          Ratio    
S&P 100 Index (OEX)
Resistance:
750 - 735               18,988        3,587         5.30
730 - 715               18,363       20,460          .90

OEX close: 710.67

Support:
705 - 690                5,640       11,553         2.05
685 - 670                   61       12,828       210.30***

Maximum calls: 730/10,144
Maximum puts : 725/9,867

Moving Averages
 10 DMA  717
 20 DMA  714
 50 DMA  726
200 DMA  773


NASDAQ 100 Index (NDX/QQQ)
Resistance:
 75 - 73                63,297        41,161         1.54
 72 - 70                81,943        73,400         1.12
 69 - 67                41,978        33,250         1.26

QQQ(NDX)close: 65.37

Support:
 
 64 - 62                14,262        21,930          1.54
 61 - 59                 9,495        29,322          3.09
 58 - 56                 5,630         4,206           .75

Maximum calls: 70/47,317
Maximum puts : 71/33,237

Moving Averages
 10 DMA 68
 20 DMA 68
 50 DMA 75
200 DMA 90


S&P 500 (SPX)
Resistance:
1400                   51,440        50,813          1.01
1375                   21,312        22,702           .94
1350                   44,408        52,566           .84

SPX close: 1340.93
 
Support:
1325                    6,402        16,856          2.63  
1300                    7,040        18,220          2.59
1275                    1,769        15,428           .11
 
Maximum calls: 1400/51,440
Maximum puts : 1350/52,566

Moving Averages
 10 DMA 1353
 20 DMA 1348 
 50 DMA 1373
200 DMA 1437
   


Market Wrap Archives