AMP Futures - Community ScriptsIn this video we will demonstrate how to access community scripts.Editors' picksEducation03:10by AMP_Futures22145
Follow-through is expectedFollow-through to the upside is expected in the S&P 500 for Wednesday, June 5. In the past two trading sessions buyers have entered into market lows to rally the S&P 500 into the close. The challenge now can these buyers move the market to close above 5230 by the end of Wednesday session.01:34by DanGramza113
Long $ESI really like the imbalance we entered. I think below 5312-5314 we see more downside. Until then; I’m long hereLongby SimpleJackTrading223
Long $ES scalpIn at 5360.75. Risking a close below 5359.50. Just looking for a scalp to 5366+Longby SimpleJackTrading111
AMP Futures - New Volume Delta IndicatorsIn this video we will demonstrate how to access the New Volume Delta Indicators with TradingView.Education04:49by AMP_Futures6
AMP Futures - Market ReplayIn this video we will demonstrate how to use Market Replay.Editors' picksEducation03:17by AMP_Futures22230
Getting ready for Friday's numbersThursdays movement in the S&P 500 will get the market ready for the Friday labor numbers. The expectation is for continuation to movement to the upside and a close above 5390.02:18by DanGramza4
AMP Futures - Contract roll over using proper CQG symbol map.In this video we will demonstrate how to roll your contracts over using the proper CQG symbol map.Education05:51by AMP_Futures5
Market Crash - ES Ascending Wedge, Volatility & DistributionES has been fairly volatile lately, but somehow has always seemed to end up in the 5300 area. I'm seeing this as potential distribution, and I think the failure to break ATH and sustain above on Friday could be a potential double top and we have an ascending wedge as well.Shortby AdvancedPlays4
A Synthetic Covered Call StrategyCME: E-Mini S&P 500 Options ( CME_MINI:ES1! ), E-Mini Nasdaq 100 Options ( CME_MINI:NQ1! ) Last Friday, the S&P 500 closed at 5,277.5, up 10.6% year-to-date. The Nasdaq Composite settled at 16,735.0, advancing 11.5% YTD. This year, the chances of aggressive interest rate cuts diminished rapidly amid solid employment data and cooling US inflation. However, these headwinds could not stop US stocks from reaching one new record after another. Over the past year, the Fed’s official rhetoric has shifted from hawkish to dovish, and then back to hawkish again. But action speaks louder than words. Since the last rate hike in July 2023, the Fed has kept the interest rates unchanged in the last six FOMC meetings. According to CME Group’s FedWatch Tool, the probability of a no-rate-change decision in the June 12th FOMC is 99.7%. There is an 81.2% chance that the Fed Funds rates stay at 5.25%-5.50% on July 31st. The futures market expects the first 25bp rate cut on September 18th, with a 64% probability (Data as of June 4th). (Link: www.cmegroup.com) Fed’s monetary policy has been the dominant driver of global financial market conditions in the last two years. The absence of Fed actions helped reduce market volatility. As a result, the VIX index plummeted from 19.2 on April 15th to 12.9 on May 31st. Exploring Covered Call Options Strategies Low volatility suggests that the US stock market is likely to move sideways in the near future. If you own stocks, you may finish the year with a positive return, as the two major indexes have already yielded 10-11% YTD. If you plan to enter the market now, buying stocks is quite challenging. I personally have a hard time justifying a lofty price while the expected return stays low. But what we don’t want to buy, we may be able to sell it. For investors who already own stocks, they could consider a covered call strategy. In a classic example, an investor owns 100 shares of stock A and sell 1 call option on the underlying stock. Below are three payoff scenarios: • If A rises and exceeds call strike, options buyer has the right to exercise (“call the stock”). He will pay at the strike (= 100 shares X strike price). Our investor receives both an upfront premium and the sales amount. However, he gave up all the upside. • If A moves sideways or rises below the strike, our investor will keep the upfront premium as profit. We may consider this as an income enhancement for owning A. • If A falls a lot, our investor will incur a loss. However, this loss is due to the risk of owning A, not from selling call options on A. There are some drawbacks with individual stock options. • Only the most popular stocks have adequate liquidity. Options trading fees and a wide bid-ask spread will cut into the premium income received by the options seller. • If you own many stocks and repeat this process multiple times, the problem multiplies quickly. The cost and time required to administer this strategy become unbearable. • At the end, actual returns could be worse off than theoretical payoff suggested. Synthetic Covered Call Options with E-Mini S&P and Nasdaq Is there any alternative to single stock options? We could achieve the same objective with options on E-Mini S&P 500 and Nasdaq 100 futures. I call this Synthetic Covered Call strategy. Compared with individual stock options, stock index options are more liquid and capital efficient. My logic: • If you own a basket of diverse stocks, when the stock index rises, your stock portfolio will likely gain in value as well. • If stock indexes go beyond call strikes, the losses incurred in short options could be largely offset by the gain from the underlying stock portfolio. • Combining with a stock portfolio, short option on stock index futures has significantly lower risk than selling a naked call. However, we still need to understand investment risk. It lies with the possibility that the portfolio and market indexes could move in different directions. Investors could run an analysis to determine how correlated their portfolio return is to S&P and Nasdaq returns. On May 31st, the June contract of E-Mini S&P 500 (ESM4) is quoted 5,299.25. The out-of-the-money (OTM) call strike 5,400 is quoted at 13.75. The options contract will expire on June 21st, the third Friday of the contract month. • To sell 1 call option, the investor is required to deposit a margin of $11,800. He will receive an upfront premium from options buyer for $687.50 (=13.75 X $50). • If June futures stays below 5,400 in the next three weeks, the investor will pocket the upfront premium as investment income. • Hypothetically, if futures price reach 5,500, which is 100 points over the strike, our short options position will incur a loss of $5,000 (= 100 x 50). This will be more than the premium received, but still below the margin deposit. On May 31st, the June contract of E-Mini Nasdaq 100 (NQM4) is quoted 18,570.75. The OTM call strike 19,500 is quoted at 14.50. The options contract will expire on June 21st. • To sell 1 call option, the investor is required to deposit a margin of $17,700. He will receive an upfront premium from options buyer for $290 (=14.50 X 20). • If June futures stays below 19,500 in the next three weeks, the investor will pocket the premium as investment income. • Hypothetically, if futures price reach 20,000, which is 500 points over the strike, our short options position will incur a loss of $10,000 (= 500 x $20). This will be more than the premium received, but still below the margin deposit. Option selling is risky. The Fed’s inaction and low volatility give us some comfort here, but we still could be wrong. The June 12th meeting is 12 days before options expiration. If the market indexes rise sharply, options seller could buy back the options in the open market at a loss. He may be able to prevent the loss from getting too big by closing the unprotected position. Options traders could find CME’s Options Calculator a valuable tool in structuring their options strategies. The best part, it is free. www.cmegroup.com Happy Trading. Disclaimers *Trade ideas cited above are for illustration only, as an integral part of a case study to demonstrate the fundamental concepts in risk management under the market scenarios being discussed. They shall not be construed as investment recommendations or advice. Nor are they used to promote any specific products, or services. CME Real-time Market Data help identify trading set-ups and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs www.tradingview.com by JimHuangChicago4
AMP Futures - How to set alertsIn this video we will demonstrate how to create alerts with Tradingview. www.tradingview.comEducation03:58by AMP_Futures5
Finally HIT it Fair Value Gap and Fibonacci Over $50kHere is the FULL SYSTEM FOR FREE 1 - Identify the TRAP or False Breakdown to Start position (largest size) 2 - Add on every FVG and Fibonacci Retracement 3 - MAX stop loss is TRAP LOW/HIGH Thank you all for the support DROP A LIKE and I will keep sharing all my secrets!by tradingwarzone4
AMP Futures - Indicator TemplatesIn this video we will demonstrate how to create indicator templates with Tradingview.Education02:24by AMP_Futures4
AMP Futures - How to use Chart LayoutsIn this video we will demonstrate how to use Chart Layouts. www.tradingview.comEducation04:33by AMP_Futures4
AMP Futures - Volume Footprint Chart typeIn this video we will demonstrate how to use the NEW Volume footprint chart type.Education03:52by AMP_Futures4
Market Crash - ES 1D Red Flags & Blow Off Top RallyIf you don't know already, my entire trading strategy is essentially based around dow theory. I am going against my own strategy a bit by attempting to pick a top, which according to dow theory, is a losing strategy. The trend is your friend, etc. However, dow theory also states that a trend has to be confirmed by volume, otherwise it is invalid. SPY had several days where it was the lowest volume in years. There were also a couple of two day periods that set a record for the lowest volume in consecutive days in years. This happened twice, first it had two days in a row of extremely low and abnormal volume, then later in the rally, it had another consecutive two days that were even lower than the previous two. Highly unusual. On top of this, I believe we are experiencing a blow off top rally that will ultimately end in an extended bear market. One of the confirmations for this is the recent greed and meme stock mania we've seen in the market along with the adoption of crypto and the ensuing rally. Everyone expect BTC to hit $100k, and I did too. But now, I expect it to take a lot longer than I first thought. Meme stock rallies have marked major market tops every single time.Shortby AdvancedPlays2
ES Analysis 6/10-6/14**Daily** - VOID at 5330 will be a target - Wicks at 5330 and 5310 will still see price recover bullish to upside levels - Closure below 5330 will see price attack 5310 & 5299 - No imbalances after 5328 - If closure below price can potentially attack 5246 by pwizzle342
ES Weekly Analysis 6/10-6/14** NYSE:ES 6/10-6/14** - Volatile Week Again!! - FOMC Rates (*would be shocked if they cut*) & CPI - RED FOLDER news middle to back half so expect volatility then - First day of hedges being bought back in the market - Will constantly see price try to sell off and be bought back later in the day - Ultimately, this is where divergence can/will happen and we could see a shift in HTF price - That could be from highs being run again with rejection or an index or more refusing to follow higher - That will be the main focus this week for me - Key to this week is how the levels of 5368 & 5299 react if price comes there - Key levels - **Up** - 5368, 5385, 5425… **Down** - 5299, 5273, 5246 - Any closure below 5299 on the week will invite lower prices and will accelerate to 5273 possibly 5246 - Wick retest at 5330/5310 or lack of closure can invite higher prices especially after Wednesday/Thursday to push back to 5368 and higher - FOMC & CPI this week can affect DXY, CL, TLT, & yields - I expect a choppy week prior to news which should give us a direction on the week by pwizzle342
Rest dayAfter Friday's volatility and price structure in the S&P 500, the expectation for Monday is to trade within the range of Friday's action which would create a rest day for this market.02:26by DanGramza2
The stage is setThe stage is set in the S&P 500 in preparation for labor numbers coming out on Friday. Market reaction is 50-50 when you have this type of report. The bias is for a positive close going into the weekend.02:18by DanGramza2
AMP Futures - Volume Candles Chart typeIn this video we will demonstrate how to access the NEW Volume candles chart type with TradingView.Education02:03by AMP_Futures113
AMP Futures - Time Price Opportunity (TPO) chart typeIn this video we will demonstrate how to access the NEW Time Price Opportunity (TPO) chart type using TradingView.Education04:34by AMP_Futures3
AMP Futures - How to apply an OCO Bracket order (Post Entry)In this video we will demonstrate how to apply an OCO Bracket order to an open position with no (Take profit) & (Stop Loss).Education10:29by AMP_Futures112