ES Weekly Options Trade Plan 2025-06-18
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ES Weekly Analysis Summary (2025-06-18)
Comprehensive Weekly Options Trade Analysis for ES
1. Key Points Summary
The analysis of current options data, combined with technical and sentiment evaluations, suggests a moderately bearish sentiment for Eversource Energy (ES) based on the provided market conditions. Here are the critical highlights:
Technical Indicators:
The current price ($63.01) is below essential moving averages, indicating a bearish trend. RSI values indicate oversold conditions but lack bullish divergence. Significant support exists at $62.83, with resistance around $63.24. Market Sentiment:
The VIX (20.45) suggests elevated volatility, typically indicating market fear. Negative news surrounding geopolitical tensions and policy changes impacts investor sentiment. The max pain level is at $60.00, indicating a gravitational draw towards that price. Options Data: