In this guide, we delve into how to effectively trade around the Call Resistance Level, a crucial point where significant call options are concentrated, acting as a potential resistance for price movements.
Using the SPX index as an example, we analyze how the Call Resistance Level at 4600 became a pivotal point during a volatile market session influenced by Non-Farm Payroll data.
By recognizing this level’s significance and using it to structure trades, such as call spreads, traders can strategically manage risk and capitalize on market behavior around these key resistance points.
