AMEX:SOXL $2M+ in premium traded for $42 strike calls for Friday May 21th 2021 expiration traded today.
Unusual Options Volume Activity for $80 calls about 9000+ contracts traded through out the day (Above Open interest of only 1162) from $2.10 to $2.50
Various semi conductor stock earnings coming up soon.
Bounced off 50 EMA Today on the daily showing...
NYSE:VLO $2M in premium traded for $80 strike calls for Friday June 18th 2021 expiration traded today.
Unusual Activity for $80 calls about 10,000 contracts traded around 10.25pm @ approx $1.70 (Above Open interest of only 4657) Volume 23K
Plug power earnings date is 04/22/2021 Thursday
Bounced off 50 EMA multiple times showing good downside support. CCI is...
NASDAQ:PLUG $1.4 M in premium traded for $29 strike calls for April 23th expiration traded Today.
Unusual Activity for $29 calls about 17,000 contracts traded around 2:39pm @ approx $0.70 (Above Open interest of only 1252)
Plug power earnings date is 05/06/2021
This stock is showing a nice hammer on the daily close today after falling past few days indicating...
NYSE:VIPS $1M in premium traded for 34.50 strike calls for April 30th expiration traded yesterday.
Unusual Activity for $34.50 calls about 10,000 contracts traded around 10:45am @ approx $0.60
On the chart the stock had a a lot of down trend and inverted hammer for close on Friday indicating bullish sentiment.
The inverted hammer is a type of candlestick...
QQQ Neutral next week. A great move in FB AAPL NFLX moving the QQQ's higher and taking SPY along with it.
We should see some sideways to slightly down move after 11 straight days up for SPY to move higher.
Comment below with your targets for QQQ's into next 2 weeks are you bullish bearish or neutral ?
Continuous 11 Green days for the SPY has placed spy in a Very Extended territory and it is looks ready to let out some steam.
Stochastics are crossing over. We also have a gap to fill down and retest 20 day SMA.
AMEX:SPY Targets 1-2 weeks out $400.70
Consider $405 Puts April 19th
Unusual options activity spotted.
Big puts order flow after market close. About...
NASDAQ:MRVL ready to Gap Fill to $45.22
Lot of option activity today on April/16 48,50 & 55 calls. Calls are 3 days out so lot of time to be right on this.
Volume coming in past 2 days after being oversold from the earnings run up.
CCI trending up as well.
Target 43.86,45.22,46.68 & 49.54
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Rising Wedge SPY
Entry Short Price 371.70
Target Price 368.83 ish
Risk Reward 1/3
Georgia elections hovering over the market. Probably going to drag on for a few days.
Consider 15Jan367P puts at entry point
Option Symbol .SPY210115P367
Comment below your thoughts on this idea.
Rising Wedge on SPX 5M Chart
Entry Short Price 3721.75
Target Price 3676.00 ish
Risk Reward 3/1
Political uncertainty with Georgia runoff elections.
Can also consider ATM put options at target price.
Netflix misses on Subscriber growth number. 2.20 million vs. 3.57 million expected.
If you ask me the expectation was too high and set to disappoint.
The chart is already forming a double top and creating short them resistance to the upside.
Last time when NFLX missed subscriber growth numbers and had a Quarterly decline was Q2 2019. On these results the stock...
Following a similar trend as September 1st week. SPY will retrace back after bullish momentum and Gap up’s last week. The Gap up was caused due to expectations for a Stimulus package in the works.
SPY is forming a Cup and a handle which is a bit of a head scratcher. Which is generally a bullish trend. But looking at CCI and SMS curving downwards. I believe SPY...