Immensely Bullish Call Flow Just left a huge supply zone 80% institutional ownership, many of which bought in the 40s Fresh uptrend on the EMAs Recent correction seems to have stablized
Trade active
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Currently own FUBO shares at 29 from when this Idea was posted.
Agreed-Upcoming stimulus volume flow could possibly fill in $33-$36 range very quick..then on up to $38.50
This could get interesting.. Bullish AF
C-Boyd
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FUBO has heavy shorts so I have been watching it for any jumps.
TroydTrades
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@C-Boyd, yeah i'm waiting for those to get wrecked by some news.
C-Boyd
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@TroydTrades, Just read that the Call Options @ $35 went from 1744 contracts to 5877 contracts in one day, so something is going on, they expire on May 21.
TroydTrades
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@C-Boyd, For sure a longer term hold. option flow in general is 80-90% bullish....
Jljpsp
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Is your assessment and idea the same after yields went up this morning??
TroydTrades
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@Jljpsp, yup, holding 300 shares of this right now. Still heavily shorted, the shorts will need to close soon. 80% institutionally owned.
I'm not cutting unless it goes below my stop loss.