NDX= Most Active Chains 4.1.22: 5.20.22 / 14,000p, 14,900c, 15,150c Chains with the highest OI 4.1.22: 4.14.22 / 14,225c = 5k oi 4.14.22 / 13,000p = 1k oi bullish 6506 / bearish 4828 Biggest options trades 4.1.22: bullish skew
QQQ = Most Active Chains 4.1.22: 4.4.22 / 360p, 358p, 363c, 364c Chains with highest OI 4.1.22: ALL BEARISH Biggest Options Trades 4.1.22: Overwhelmingly Bearish skew but all very far dated EXP... all of the bullish volume (three out of the top ten sorted by premium volume) where near dated 4.8.22 and 5.20.22; a floor, cross. and third order totaling about 15m in bullish premium. There was about 56M bearish premium that came through, notably a big cross order coming in 11am hour for over 32m, buying 9.16.22 360p.
There has been notable dark pool volume starting march 7th, coming in every day...
Price Action
Since march 14 we have broken the lower highs set in Feb and March and respected the low set end of Feb and the range low of Jan. Slight pullback / consolidation of the highs of Feb - in process of forming higher low? - Local swing low on qqq @ 351 and march open at 345 ; high @ 371.83 Same concept for NDX, using these levels....
Sir, I am bullish
Target 1 - 15265 (local swing high) Target 2 - 15459 (weekly lvl) Target 3 - 16000 (s/r flip jan) Target 4 - 16350- 16513 (next weekly lvl, year open, year high range) ATH is 16764
Invalidation levels / Intraday downside targets Failure of local swing low - 14446 and march open at 14197 Jan range low - 13724 HTF swing and yearly low of 13020
Most Active Chains 4.1.22: 4.4.22 / 360p, 358p, 363c, 364c
Chains with highest OI 4.1.22: ALL BEARISH 4.14.22 / 320p, 330p, 300p, 310p, 280p, 340p.
Biggest Options Trades 4.1.22: Overwhelmingly Bearish skew but all very far dated EXP... all of the bullish volume (three out of the top ten sorted by premium volume) where near dated 4.8.22 and 5.20.22; a floor order, cross. order and third order totaling about 15m in bullish premium. There was about 56M bearish premium that came through, notably a big cross order coming in 11am hour for over 44m, buying 9.16.22 360p 345p, 322p.
There has been notable dark pool volume starting march 7th, coming in every day...
TOTAL OI = call 3m / put 7m Avg 3d call v / put v = 970k / 2m 4.1.22 call v / put v = 1m / 1.4m
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