AI

Everything AI (artificial intelligence). OpenAI's ChatGPT, already received a $3B investment with a planned $10B from Microsoft Corp MSFT. AI has been the mainstream financial news buzzword lately. That's often a leading indicator sell signal incoming for a trade. Nevertheless, here's a 1 day chart comparison, with the tickerTracker MFI Oscillator set to 20, color coordinated with these 10 tickers.

AI
DT
IRBO
BOTZ
AIQ
ARKQ
AIO
AIU
BBAI
SOUN

Comment:

AI is at it's 1 week SMA50 support $17.67, plus it's half the value of the beginning of April $34.68 high. So I'm no longer short. Time to go long or wait for a long opportunity 5/19 expiry calls imo.
AI 5/19 expiry options data:
Put Volume Total 3,618
Call Volume Total 5,969
Put/Call Volume Ratio 0.61
Put Open Interest Total 40,598
Call Open Interest Total 49,949
Put/Call Open Interest Ratio 0.81

Comment:

Comment:

AI long entry position idea with short hedge:
buy 5/19 20 long call
buy 4/28 16.5 put hedge

Comment:

tickerTracker MFI Oscillator levels update:

Comment:

AI options data is bullish long term. That doesn't mean it must go up short term. Here's AI options data. I entered a long position with several further dated expiry otm calls starting at 17.40/share and overnight hedge 4/28 expiry put schmuck protection. lol.

4/28 expiry:
Put Volume Total 1,091
Call Volume Total 1,993
Put/Call Volume Ratio 0.55
Put Open Interest Total 22,846
Call Open Interest Total 38,769
Put/Call Open Interest Ratio 0.59

5/5 expiry:
Put Volume Total 330
Call Volume Total 998
Put/Call Volume Ratio 0.33
Put Open Interest Total 7,404
Call Open Interest Total 14,350
Put/Call Open Interest Ratio 0.52

5/12 expiry:
Put Volume Total 79
Call Volume Total 174
Put/Call Volume Ratio 0.45
Put Open Interest Total 3,270
Call Open Interest Total 5,981
Put/Call Open Interest Ratio 0.5

5/19 expiry:
Put Volume Total 56
Call Volume Total 645
Put/Call Volume Ratio 0.09
Put Open Interest Total 45,463
Call Open Interest Total 54,562
Put/Call Open Interest Ratio 0.83

6/16 expiry:
Put Volume Total 37
Call Volume Total 95
Put/Call Volume Ratio 0.39
Put Open Interest Total 1,817
Call Open Interest Total 3,446
Put/Call Open Interest Ratio 0.53

7/21 expiry:
Put Volume Total 34
Call Volume Total 251
Put/Call Volume Ratio 0.14
Put Open Interest Total 28,337
Call Open Interest Total 46,735
Put/Call Open Interest Ratio 0.61

10/20 expiry:
Put Volume Total 20
Call Volume Total 59
Put/Call Volume Ratio 0.34
Put Open Interest Total 4,409
Call Open Interest Total 5,948
Put/Call Open Interest Ratio 0.74

12/15 expiry:
Put Volume Total 1
Call Volume Total 45
Put/Call Volume Ratio 0.02
Put Open Interest Total 9,571
Call Open Interest Total 18,331
Put/Call Open Interest Ratio 0.52

LEAPS 1/19 expiry:
Put Volume Total 12
Call Volume Total 116
Put/Call Volume Ratio 0.10
Put Open Interest Total 34,059
Call Open Interest Total 51,073
Put/Call Open Interest Ratio 0.67

Comment:

AI 17.40 - 17.30 / share leg into long hedged positions
started with a long far dated otm calls : 4/28 otm put hedge ratio of 4:1
once 4/28 put hedge cost halved by 12:30 and long far dated otm calls gained I put a floor underneath with 2:1 ratio to go out to lunch.

Comment:

switched hedge position
liquidated tomorrow's puts at 3:15
hedge by selling a portion higher strike calls 5/12 expiry for a 4 : 2 ratio naked / covered call at 3:30

Comment:

AI technicals update today 5/4:
1 day chart (16hr ext), 1 year view, with pi RSI, Triangular Trend Channel ATR, Fibonacci MAI & VolumeFlow indicators.

SMA200 = 17.34
SMA50 = 22.84
1YR high = 35.45
1YR low = 10.16

VWMA20 TTCATR levels:
breakout = 29.52
R3 = 27.45
R2 = 25.37
R1 = 22.30
pivot = 21.22
S1 = 19.15
S2 = 17.07
S3 = 15
breakdown = 12.92

Comment:

exit AI long 17.50 to 26 run in 13 days was good

Comment:

AI (C3.AI) earnings 4:15 today Wednesday 5/31/23
What a crazy run the past week. I have no earnings predictions up, down or sideways.

Comment:

C3.Ai (AI) reported a Q4 April 2023 loss of $0.13 per share on revenue of $72.4 million. The consensus estimate was a loss of $0.18 per share on revenue of $71.3 million. Revenue grew 0.1% on a year-over-year basis.

The company said it expects first quarter revenue of $70.0 million to $72.5 million and fiscal revenue of $295.0 million to $320.0 million. The current consensus revenue estimate is $71.56 million for the quarter ending July 31, 2023 and revenue of $317.07 million for the year ending April 30, 2024.

Comment:

AI 6/26/23 options data update:

6/30 expiry
Put Volume Total 18,514
Call Volume Total 41,594
Put/Call Volume Ratio 0.45
Put Open Interest Total 27,352
Call Open Interest Total 36,544
Put/Call Open Interest Ratio 0.75

7/7 expiry
Put Volume Total 5,134
Call Volume Total 11,930
Put/Call Volume Ratio 0.43
Put Open Interest Total 7,772
Call Open Interest Total 13,404
Put/Call Open Interest Ratio 0.58

7/14 expiry
Put Volume Total 1,677
Call Volume Total 3,619
Put/Call Volume Ratio 0.46
Put Open Interest Total 8,421
Call Open Interest Total 6,263
Put/Call Open Interest Ratio 1.34

7/21 expiry
Put Volume Total 3,727
Call Volume Total 5,543
Put/Call Volume Ratio 0.67
Put Open Interest Total 75,967
Call Open Interest Total 69,155
Put/Call Open Interest Ratio 1.10