1️⃣ Gamma Context (1‑Hour Chart)
* A strong call gamma wall is forming around $143–145, with positive NET-GEX resistance near $150—dealers likely hedging up here, creating a short-term cap.
* Put gamma support sits at $131–134, providing a risk floor.
* Implied volatility sits mid-range (~25%), making options moderately priced—with bull call spreads around $140–145 being attractive if momentum aligns.
2️⃣ Price Structure & Momentum (15‑Min Chart)
* Support: Price held just above the $132–134 consolidation zone and bounced twice, showing clean rotation from support → BOS.
* Resistance: After the break above $139–140, sellers stepped in near $142–143 supply area, causing a CHoCH (Change of Character) indicating potential stall or pullback.
* Trendline dynamics: A rising trendline from morning lows offers intraday context. As long as that holds, upward bias remains valid.
3️⃣ Trade Idea & Execution
* Bullish Base: If PLTR climbs and retests $139–140 with momentum, consider initiating a $140–145 bull call spread. This plays for a move into the gamma wall while capping defined risk.
* Stop‑loss level: Watch for a dip below the trendline or $136–137. If that breaks, shift to neutral—no entries—until a fresh structure forms.
* Alternative scenario: A breakdown below $134 could trigger a put spread down toward $131–132, leveraging the put-side gamma wall as a target.
💡 Why This Setup?
* Gamma-based resistance aligns your trade horizon with key option dynamics—maximizing R/R while staying sensible.
* Defined-risk bullet spreads offer clarity and cost efficiency in these mid IV levels.
* Confluence on the chart—support hold and structural rotation—boosts confidence in directional bias.
⚠️ TradingView Disclaimer
This content is for educational purposes only and not investment advice. Options involve significant risks and may not be suitable for all investors. Always determine your strategy, position sizing, and risk management before trading. Ensure clarity on structure breakout or breakdown before opening a position.
* A strong call gamma wall is forming around $143–145, with positive NET-GEX resistance near $150—dealers likely hedging up here, creating a short-term cap.
* Put gamma support sits at $131–134, providing a risk floor.
* Implied volatility sits mid-range (~25%), making options moderately priced—with bull call spreads around $140–145 being attractive if momentum aligns.
2️⃣ Price Structure & Momentum (15‑Min Chart)
* Support: Price held just above the $132–134 consolidation zone and bounced twice, showing clean rotation from support → BOS.
* Resistance: After the break above $139–140, sellers stepped in near $142–143 supply area, causing a CHoCH (Change of Character) indicating potential stall or pullback.
* Trendline dynamics: A rising trendline from morning lows offers intraday context. As long as that holds, upward bias remains valid.
3️⃣ Trade Idea & Execution
* Bullish Base: If PLTR climbs and retests $139–140 with momentum, consider initiating a $140–145 bull call spread. This plays for a move into the gamma wall while capping defined risk.
* Stop‑loss level: Watch for a dip below the trendline or $136–137. If that breaks, shift to neutral—no entries—until a fresh structure forms.
* Alternative scenario: A breakdown below $134 could trigger a put spread down toward $131–132, leveraging the put-side gamma wall as a target.
💡 Why This Setup?
* Gamma-based resistance aligns your trade horizon with key option dynamics—maximizing R/R while staying sensible.
* Defined-risk bullet spreads offer clarity and cost efficiency in these mid IV levels.
* Confluence on the chart—support hold and structural rotation—boosts confidence in directional bias.
⚠️ TradingView Disclaimer
This content is for educational purposes only and not investment advice. Options involve significant risks and may not be suitable for all investors. Always determine your strategy, position sizing, and risk management before trading. Ensure clarity on structure breakout or breakdown before opening a position.
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.
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.