TRU-SENTIMENT · DeltaNeutral
NDX Trading Analysis - 09/11/2026 03:38 PM — TRU-SENTIMENT
Options chain · Stock chart · Baseline chart
NDX (NDX) at $17421.00. True Sentiment Balanced, delta 40-60 call 42% / put 58%, call $24,888,200 vs put $34,934,270. RSI 49.9.
- Symbol
- NDX
- Price
- $17421.00
- Article bias (separate from True Sentiment)
- neutral
- Conviction
- medium
- Published
- 2026-09-11 15:38:00 ET
- Author
- DeltaNeutral staff
TRUE SENTIMENT ANALYSIS (DELTA 40-60 OPTIONS)
True Sentiment Analysis (Delta 40-60 Options):Overall options flow sentiment: Balanced
Call vs Put dollar volume:
Call Volume: $24888200.0 (41.6%) Put Volume: $34934270.0 (58.4%) Total: $59822470.0
Pure directional positioning suggests a neutral near-term expectation.
Key Statistics: NDX
📈 Analysis
News Headlines & Context:
Recent news headlines for NDX include:
- Tech sector continues to show resilience despite economic concerns.
- Major tech companies are investing heavily in AI, driving innovation.
- Market participants are closely watching the upcoming earnings reports for tech giants.
These headlines suggest a positive outlook for the tech sector, which could impact NDX positively.
Fundamental Analysis:
No fundamental data provided.
Current Market Position:
Current price: $29421.55
Recent price action: The price has been fluctuating around $29400-$29700 in recent days.
Key support and resistance levels:
Technical Analysis:
Technical Indicators
SMA trends: The 5-day SMA is around $29419.81, the 20-day SMA is around $29473.64, and the 50-day SMA is around $29229.82. The price is currently above the 50-day SMA, indicating a bullish trend.
RSI: The RSI (14) is around 49.91, which is in the neutral zone.
MACD: The MACD is bullish, indicating a potential upward movement.
Bollinger Bands: The price is currently near the middle of the Bollinger Bands, with the upper band at $30070.83 and the lower band at $28876.45.
30-day high/low: The 30-day high is $30084.50, and the 30-day low is $27192.31. The price is currently near the middle of this range.
True Sentiment Analysis (Delta 40-60 Options):
Overall options flow sentiment: Balanced
Call vs Put dollar volume:
Call Volume: $24888200.0 (41.6%) Put Volume: $34934270.0 (58.4%) Total: $59822470.0
Pure directional positioning suggests a neutral near-term expectation.
Key Price Levels (observational only):
Support levels: $29229.82, $28876.45
Resistance levels: $30084.50, $30070.83
25-Day Price Forecast:
NDX is projected for $29500.00 to $30200.00
Rationale: Based on current SMA trends, RSI momentum, MACD signals, and recent volatility (ATR), the price is expected to move within this range.
Defined Risk Strategy Recommendations:
Based on the price forecast, here are three recommended defined risk strategies:
- Bull Call Spread: Buy NDX261016C29500000 and sell NDX261016C30000000
- Iron Condor: Sell NDX261016P29000000, buy NDX261016P29200000, sell NDX261016C29800000, and buy NDX261016C30000000
- Protective Put: Buy NDX261016P29400000
Risk Factors:
Technical warning signs or weaknesses:
Sentiment divergences from price action: The balanced sentiment could lead to a surprise move in either direction.
Volatility and ATR considerations: The ATR is around 172.4, indicating moderate volatility.
Summary & Conviction Level:
Overall bias: Neutral
Conviction level: Medium
One-line trade idea: Monitor the price action around key levels and adjust strategies accordingly.
View NDX Options Chain