SX7E (20th June) 145/180RR, bought the call for 0.55 in 15k.
EQUITIES: Looking ahead to Option expiries this Week
Apr-14 09:40
Equity Option expiry is on Thursday this Week, in Notional Terms:
US:
SPX; $1.37T.
NDX: $43.13bn.
Amazon: $14.18bn.
Apple: $16.24bn.
EU:
SX5E: €134.84bn.
SX7E: €11.29bn.
DAX: €30.06bn.
FTSE: £11.07bn.
OUTLOOK: Price Signal Summary - Corrective Cycle In S&P E-Minis
Apr-14 09:39
In the equity space, a short-term reversal in S&P E-Minis last week highlights the start of what appears to be a corrective cycle. The trend condition has been oversold following recent weakness and the move higher is allowing this set-up to unwind. Initial resistance to watch is 5524.91, the 20-day EMA. Resistance at the 50-day EMA is at 5737.71. On the downside, key support and the bear trigger has been defined at 4832.00, the Apr 7 low. Initial support to watch is 5098.16, the 61.8% retracement of the Apr 7 - 10 bounce.
EUROSTOXX 50 futures traded in an extremely volatile manner last week and rallied sharply higher from recent lows. The climb highlights the start of a corrective cycle and if this is correct, marks an unwinding of the recent oversold trend condition. Resistance levels to watch are 5026.21, the 20-day EMA, and 5153.42, the 50-day EMA. Key support and the bear trigger has been defined at 4444.00, the Apr 7 low. Initial support is seen at 4664.00, the Apr 10 low.