Quantitative Researcher, MRM Research

Nico Rosti

Quantitative Researcher

MRM Research

Quantitative Research

Event-Driven

<ul>
<li>Although the <a href="https://www.smartkarma.com/entities/nikkei-225" target="_blank" data-smartkarma-citation="entities:22909:1" rel="noopener">Nikkei 225 INDEX</a> was rallying strong early in the year, from mid-March the rally started to falter, and after a fake recovery into July, it fell again, lower.</li>
<li>Should the index go lower from last week's Close at 36581.76, the next paragraphs of this insight will indicate what price levels are strong support to buy.</li>
<li>The only doubt we have is that the index's overall trend does not look good. A correction to 33000 (or lower) is a possibility - a negative YEARLY performance.</li>
</ul>


Although the Nikkei 225 INDEX was rallying strong early in the year, from mid-March the rally started to falter, and after a fake recovery into July, it fell again, lower.
Should the index go lower from last week's Close at 36581.76, the next paragraphs of this insight will indicate what price levels are strong support to buy.
The only doubt we have is that the index's overall trend does not look good. A correction to 33000 (or lower) is a possibility - a negative YEARLY performance.


EQD | The Nikkei 225's Trend Is Not Looking Good

<ul>
<li>The <a href="https://www.smartkarma.com/entities/nikkei-225" target="_blank" data-smartkarma-citation="entities:22909:1" rel="noopener">Nikkei 225 INDEX</a> has rebounded strongly in the past 2 weeks, there is a chance that it starts to pull back this week.</li>
<li>This insight will try to evaluate what support levels could be good to buy, assuming the index resumes its uptrend after the pullback. </li>
<li>The index could fall for 1 or 2 weeks, the current pullback pattern is bullish (i.e. buy-the-dip).</li>
</ul>


The Nikkei 225 INDEX has rebounded strongly in the past 2 weeks, there is a chance that it starts to pull back this week.
This insight will try to evaluate what support levels could be good to buy, assuming the index resumes its uptrend after the pullback. 
The index could fall for 1 or 2 weeks, the current pullback pattern is bullish (i.e. buy-the-dip).


EQD | What If The Nikkei 225 Pulls Back This Week? (Buy Here)

Derivatives and Quantitative Strategist

Gaudenz Schneider

Korea Stock Exchange KOSPI 200 / Event-Driven

<ul>
<li>The <a href="https://www.smartkarma.com/entities/korea-stock-exchange-kospi-200" target="_blank" data-smartkarma-citation="entities:26021:1" rel="noopener">KOSPI 200</a> is in a steady bear market with political turmoil further depressing the outlook. Volatility increased in the near term, leading to an inverted term structure.</li>
<li>The <a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617:1" rel="noopener">Nifty 50</a> is approaching its 50-day average from below. Call options profit from low implied volatility and present an attractive opportunity to profit on the upside.</li>
<li>The <a href="https://www.smartkarma.com/entities/hong-kong-hang-seng-index" target="_blank" data-smartkarma-citation="entities:22899:1" rel="noopener">Hang Seng</a> continues to stand out as the index with positive correlation between implied volatility and index performance. Interestingly, the relationship is not symmetric between up- and down moves.</li>
</ul>


The KOSPI 200 is in a steady bear market with political turmoil further depressing the outlook. Volatility increased in the near term, leading to an inverted term structure.
The Nifty 50 is approaching its 50-day average from below. Call options profit from low implied volatility and present an attractive opportunity to profit on the upside.
The Hang Seng continues to stand out as the index with positive correlation between implied volatility and index performance. Interestingly, the relationship is not symmetric between up- and down moves.


EQD | Global Option Implied Volatility - Kospi 200, Hang Seng, Nifty 50

Independent Sell Side Equity Research Analyst, ChartSmarter

Douglas Busch

Independent Sell Side Equity Research Analyst

ChartSmarter

ChartSmarter is a service dedicated to the art of technical analysis.

On a daily basis we write up actionable ideas on a specific, major S&P sector on both the long and short side, in an easy yet thorough way. In the notes we give precise entries and exits, while looking to capture the "meat" of a trend.

Technical Analysis.

Technical Analysis

<ul>
<li>Nikkei looking oversold on all daily, WEEKLY, and MONTHLY timeframes.</li>
<li>KWEB records strong bullish engulfing candle on weak overall tape Monday.</li>
<li>MELI versus AMZN ratio chart favoring the former. Technical complexion change.</li>
</ul>


Nikkei looking oversold on all daily, WEEKLY, and MONTHLY timeframes.
KWEB records strong bullish engulfing candle on weak overall tape Monday.
MELI versus AMZN ratio chart favoring the former. Technical complexion change.


Equity Derivatives and Volatility Specialist, Clifton Derivatives

John Ley

Equity Derivatives and Volatility Specialist

Clifton Derivatives

Independent derivative and volatility research firm focusing on events/catalysts, earnings, relative value and cross asset volatility strategies.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/hong-kong-hang-seng-index" target="_blank" data-smartkarma-citation="entities:22899" rel="noopener">Hang Seng Index (HSI INDEX)</a>, <a href="https://www.smartkarma.com/entities/shanghai-shenzhen-csi-300-index" target="_blank" data-smartkarma-citation="entities:22906" rel="noopener">Shanghai Shenzhen CSI 300 Index (SHSZ300 INDEX EQUITY)</a> and <a href="https://www.smartkarma.com/entities/nikkei-225" target="_blank" data-smartkarma-citation="entities:22909" rel="noopener">Nikkei 225 (NKY INDEX)</a> all have elevated implied vols vs their peers and vs historical observations for October.</li>
<li>
<a href="https://www.smartkarma.com/entities/nifty-index" target="_blank" data-smartkarma-citation="entities:23617" rel="noopener">NIFTY Index (NIFTY INDEX)</a> , <a href="https://www.smartkarma.com/entities/s-p-500-index" target="_blank" data-smartkarma-citation="entities:22886" rel="noopener">S&amp;P 500 INDEX (SPX INDEX)</a> and <a href="https://www.smartkarma.com/entities/s-p-asx-200" target="_blank" data-smartkarma-citation="entities:22901" rel="noopener">S&amp;P/ASX 200 (AS51 INDEX)</a>  implied vols are on the low end of what is typically realized in October.</li>
<li>Most markets see price weakness in the 3rd week of the month with realized volatility underperforming over the back half of the month.</li>
</ul>



Hang Seng Index (HSI INDEX), Shanghai Shenzhen CSI 300 Index (SHSZ300 INDEX EQUITY) and Nikkei 225 (NKY INDEX) all have elevated implied vols vs their peers and vs historical observations for October.

NIFTY Index (NIFTY INDEX) , S&amp;P 500 INDEX (SPX INDEX) and S&amp;P/ASX 200 (AS51 INDEX)  implied vols are on the low end of what is typically realized in October.
Most markets see price weakness in the 3rd week of the month with realized volatility underperforming over the back half of the month.


EQD | Asia Monthly Vol Roadmap: Elevated IV's in CSI300 and Hang Seng Present Tactical Opportunity

Japan

The Nikkei-225 Stock Average is a price-weighted average of 225 top-rated Japanese companies listed in the First Section of the Tokyo Stock Exchange. The Nikkei Stock Average was first published on May 16, 1949, where the average price was ¥176.21 with a divisor of 225. 

Nikkei 225 (NKY INDEX)

EQD | The Nikkei 225's Trend Is Not Looking Good

The Nikkei 225 INDEX rally for the year 2024 is faltering, there is potential for further correction. Short-term, this week, look at the provided...

Nico Rosti

EQD | What If The Nikkei 225 Pulls Back This Week? (Buy Here)

The Nikkei 225 Index has rebounded strongly for the past 2 weeks, but may pull back this week, presenting potential buy-the-dip opportunities at...

Nico Rosti

EQD | Global Option Implied Volatility - Kospi 200, Hang Seng, Nifty 50

Option strategies with a focus on Asia. The Kospi 200 in a bear market amid political turmoil. Nifty 50 approaching its 50-day average in a bullish...

Gaudenz Schneider

Time to Buy Japan?

Nikkei oversold on all timeframes, KWEB shows bullish signal, MELI favored over AMZN in ratio chart. Technical shift noted.

Douglas Busch

EQD | Asia Monthly Vol Roadmap: Elevated IV's in CSI300 and Hang Seng Present Tactical Opportunity

Implied volatility levels across key Asian indices present several tactical opportunities this month for outright or pairs trades...

John Ley

EQD | The Nikkei 225's Trend Is Not Looking Good

The ​Nikkei 225 INDEX rally for the year 2024 is faltering, there is potential for further correction. Short-term, this week, look at the provided...

Nico Rosti

EQD | What If The Nikkei 225 Pulls Back This Week? (Buy Here)

​The Nikkei 225 Index has rebounded strongly for the past 2 weeks, but may pull back this week, presenting potential buy-the-dip opportunities at...

Nico Rosti

EQD | Global Option Implied Volatility - Kospi 200, Hang Seng, Nifty 50

Option strategies with a focus on Asia. The Kospi 200 in a bear market amid political turmoil. Nifty 50 approaching its 50-day average in a bullish...

Gaudenz Schneider

Time to Buy Japan?

​Nikkei oversold on all timeframes, KWEB shows bullish signal, MELI favored over AMZN in ratio chart. Technical shift noted.

Douglas Busch

EQD | Asia Monthly Vol Roadmap: Elevated IV's in CSI300 and Hang Seng Present Tactical Opportunity

​Implied volatility levels across key Asian indices present several tactical opportunities this month for outright or pairs trades...

John Ley

The Nikkei 225 INDEX rally for the year 2024 is faltering, there is potential for further correction. Short-term, this week, look at the provided...

The Nikkei 225 Index has rebounded strongly for the past 2 weeks, but may pull back this week, presenting potential buy-the-dip opportunities at...

Nikkei oversold on all timeframes, KWEB shows bullish signal, MELI favored over AMZN in ratio chart. Technical shift noted.

Implied volatility levels across key Asian indices present several tactical opportunities this month for outright or pairs trades...