LYV extremely stretched to the upside
Using the MFI indicator on the 4D chart, you can see that past OB readings (orange boxes) were highly correlated with price corrections. I expect a correction soon, but it might not happen until after Trump is inaugurated. I would express this thesis with an out-of-the-money put with expiration between June 2025 and January 2026.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.