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Cboe S&P 500 2% OTM PutWrite Index

Cboe S&P 500 2% OTM PutWrite Index (^PUTY) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^PUTY●INDEX
$1462.45
$6.12(0.42%)
U.S. Market opens in 8h 25m

^PUTY Technical Analysis Summary (INDEX)

Cboe S&P 500 2% OTM PutWrite Index (INDEX: ^PUTY) stock currently shows a bullish trend on the INDEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 58.74)
Trend Strength:Moderate (ADX: 21.98)
Volatility:Low (ATR: 3.21)
Support/Resistance:$1453.87 – $1468.03 (Bollinger Bands)

Technical conditions suggest Cboe S&P 500 2% OTM PutWrite Index on the INDEX is awaiting a decisive move. Overall, Cboe S&P 500 2% OTM PutWrite Index remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 58.74

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 78.58

Bullish
Buying momentum building without extremes.

Williams %R: -52.66

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.21

Neutral
Price change is minimal.

Takeaway:Cboe S&P 500 2% OTM PutWrite Index shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 4.43

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.98

Moderate
Moderate trend, direction gaining strength.

ATR (14): 3.21

Medium
Medium volatility, healthy price movement.

CCI (14): -22.10

Bearish
Bearish, momentum remains under pressure.

Takeaway:Cboe S&P 500 2% OTM PutWrite Index shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1468.03
Middle Band (SMA 20)
$1460.95
Lower Band
$1453.87
Current Position
Within Bands

Takeaway:Cboe S&P 500 2% OTM PutWrite Index trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$1466.71
Middle Line (EMA 20)
$1460.28
Lower Channel
$1453.85
Squeeze Status
No Squeeze

Takeaway:Cboe S&P 500 2% OTM PutWrite Index trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume0.00
Money Flow Index50.00Neutral, balanced money flows with no clear signal.
Relative Vigor Index74.81Bullish, price momentum strongly favors buyers.

Overall Takeaway:^PUTY shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Cboe S&P 500 2% OTM PutWrite Index (INDEX: ^PUTY), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Cboe S&P 500 2% OTM PutWrite Index index shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

Technical Analysis FAQ