Option Open Interest Max Pain is currently calculated at $105 for the week, and the reason why this leg down is so steep. That would be a huge not even biggest bear would believe, so look for $120, before going lower.
First, just a little personal update:
I finally finished my undergrad degree and will be finishing up my masters' applications for some great schools over the coming month :) in addition I just had surgery today and will begin to post much more once I recover! Tomorrow I'll try to post some options plays
Second, Apple:
So I hold AAPL long, but today I was...
Demonstrating the big idea: That straight lines in log-space form exponential curves.
This property of the log chart is useful for examining assets with exponential growth (like high-growth stocks, cryptos, etc).
Because the log scale asymptotically approaches the absolute scale as y slice decreases, this indicator is really applicable to any time scale.
This...
Were looking for bullish leap opportunities and are hopping for any pul back to position into them calls. Here intraday we can see a possible resistance
I hate it when it became so obvious as bullish setup. indicators are clearly bullish and last candle closed above ichimoku cloud. if it can continue holding above 120 level then possible targeting ATH or 150/160 levels . from other view, 118 is critical level if its closed below it again then extremely bearish signals could drop it to 100-96 levels but its...
Team,
As we discussed in our Sunday evening stock update Apple was due for a breakout. We ripped thru multiple levels of resistance at open to make new highs which we have not seen since September! With ramped up iPhone production and competition with $PLTN Apple just continues to amaze us. aapl
I do want to congrats those who follow me and took the trade. I...
