PLEASE DO NOT COPY WITHOUT DOING YOUR OWN ANALYSIS. This is for my own entertainment and knowledge.
Personally not fully convinced on this but just thinking how most retailers would act here and open a lot of short positions. This looks like a perfect spot to liquidate short positions. I am doing a small bet on this one but if it falls to my last by I see a big pump moving forwards
What option play you see happening RED or GREEN :)
Lets see what happens
Remember enjoy trading think like a institution not a retail investor. Lets get it!!!
Personally not fully convinced on this but just thinking how most retailers would act here and open a lot of short positions. This looks like a perfect spot to liquidate short positions. I am doing a small bet on this one but if it falls to my last by I see a big pump moving forwards
What option play you see happening RED or GREEN :)
Lets see what happens
Remember enjoy trading think like a institution not a retail investor. Lets get it!!!