AMC forming a nice bull flag on the 1D chart that I have been watching for a while. RSI on a 1D chart looking bullish IMO with an upward trend in RSI since January of this year. MACD Divergence and consolidation occurring on a 4HR chart, also giving me confidence of a significant move incoming. ADX & DI contractions are healthy signs especially considering we have...
As you can see, we are seeing what is called pinning, which is when contracts with highest open interest, with their respective strikes, tend to cause a security to gravitate towards those levels near expiration, with contracts on friday not having to be exercised or assigned until monday at 5:30 PM, I see a lot of volatility coming our way. Nikkei down nearly 4%...
The chart is relatively self explanatory. AMC has been moving according to its retracement zone levels, we see resistance where there technically should be resistance, and we see support at key levels of the retracement pattern. Considering this is not your typical volatility and case scenario, the price movements are going to be nothing short of parabolic with...
When faced with binary outcomes then bet small and just hold. Downside is easy to understand...won't be zero, and upside potentially large. Even if the stock meanders sideways waiting for more re-structure news and earnings coming up...or the squeeze....it's a nice bet. Ps..never short a dull market!!
AMC can grow up to 18 000 % due to the gamma squeeze.
Institutions driving the price down and deflecting attention to SLV. GME is still over shorted and will have to kick back from here. This is a risky investment but the potential returns are huge, therefore I recommend anyone with a decently sized portfolio to hedge by buying in with a small amount of shares.
Quick swing trade I am be playing. The amount is small and leveraged with a stop loss as it has a reasonable chance of failing and failing quickly. Top buyers from previous pump are either still trapped or sold at a loss. The coloured zones are levels of sell pressure where trapped buyers either escape (A) or where market makers exit the stressed/liquidated...
I called this earlier, I believe that GME stock is very valuable because games are fun and I hear that hedge funds are desperate for this stock because they think it's going to rise. This is of course speculation but it just so happens that these trends aren't so hard to spot guys. Just buy GME and hold it for some time and the business will be able to start...
* short interest: 75.54% of float by Ortex, 113.31% of float by S3 Shortsight * short share public availability: 0 Shorts are exiting their positions, but an amount of shares equal or almost equal to float is still shorted. robinhood and other brokerages didn't have the capital to place buy orders at times yesterday. Robinhood is apparently going so far as to...
XRPUSD looks like its continuing it's uptrend! As you can see, a nice Bull Flag has been formed with Fib level 0.386 coming in to help out with support after recent drop to 0.5578. I expect a continuation of price action to the upside using Rule 7 Calculator levels of 0.7050, 0.7600, 0.8600 as my 3 targets. The pulse indicator is still firing to the upside with...
Ok boyz, so you guys are strong believer in momentum, you've ran your backtests on US Sectors and fund out that with a roughly 55% probability the best performers of last year will be the best performers of the next year. So you are still long tech like crazy and believe the FAANG stocks will keep rising. However what does financial professionals like to do? They...
For expiration September 20th we have a very large call wall at 300 in $SPY and 3000 SPX. We're shorting here with a stop just above. Considering FOMC next week as well we think its a good place to sell some upside premium or scalp some shorts down to 297.5/295 support. Because the market is long a long of gamma we don't see a large selloff materializing before the FOMC.
After weeks of very wide ranges we see “trade-able” ranges forming. 2950 form as a bit of an upside resistance level. 2900 is also building as support as we move towards September Op-Ex. From our models perspective it seems like a decent bet we stay in this 2900-2950 range for the next few days. 3000 is still a very large hurdle overhead. From our note on spotgamma.com
Overnight ramp on whatever news puts us back in long gamma territory. Headline/tweet risk aside that puts the market back in lower volatility mode where >1% moves shouldn't be the norm. Looking for a short term consolidation drift here due to dealers being long gamma.
In SPX and SPY we have 2900/291 as zero gamma meaning dealers are going to help buy stocks on a rally up to 2900/291. These levels are based on the SpotGamma options model. Over that there has to be real buyers to continue up. 285/2850 has held recently and is a large area of put open interest. That could provide support. Expect whippy markets until then unless we...
Until the 2900 volatility trigger kicks in there is amplified risk to downside. 2900 is where options dealers flip from short gamma to long ie from "volatility fueling" to "volatility dampening". That's not a bearish call - simply means that risks of a 1-2% down move in very short order is still there. Market needs a real catalyst to move higher, other over 2900...
Dealers are still short gamma until the market is over 2900. Based on last several days this indicates 2900 could be a decent topping target. Large Put open interest at 2850 may provide support. Because dealers are short gamma then will fuel the market higher or lower when the direction gets set. In summary: volatility is likely to continue unless markets push...
No idea which direction comes after the Fed today but based on the options market it appears that any negative news will be met with strong selling by options dealers and could make a large move down possible. Good news could see a decent rally, but there is resistance forming at 2950 and larger resistance at 3000. In other words it appears that a chance of a move...