$CCJ Aggressive call buying$CCJ option flow extremely bullish.
Technically it could run to PT $31 , probably why a buyer went long on 2,100 DEC 31C
Following here...
Optionflow
$TXRH Breaking out and above 200MA now - updatePosted this idea earlier, calls now up +45% .
If you didn't take a trade, I think this has plenty room to go especially with a close above the 200MA (let's see how they close it).
If there is an expected retest of breakout, I will add to my position.
Stop loss just above break even.
Open interest of the MAR 22 95c is still 9,655 - the whale is still in this and so am I :)
Good luck traders !
$TXRH Unusual Option Activity Texas RoadhouseCaught some UOA flow for $TXRH - MAR 22 95C
Current open interest is 9,487
I always study the charts when I see a big call / put buyer especially for a name that's not as common.
Looks like a volume uptick from recent ER, at good volume shelf support zone and recaptured weekly 21 EMA .... bullish falling wedge pattern. Want to see this breakout or perhaps more consolidation first, but indicators curling up my bias is to the upside.
I followed the whale, currently +33% with $97.5 zone first price target.
Refer to Ford's recent price action for one of the best examples of multiple falling wedge breakouts.
RBLX - Bullish option flow Oct 22Roblox Corporation develops and operates an online entertainment platform.
Currently, hitting upper trendline and close to the POC (point of control).
Over 5300 December $85 calls were bought on friday the 22nd.
Upcoming Catalysts - Investor day 11/06 and earnings 11/08. GL!
Big earnings week with some bullish option flow fridayApple reports ER on oct 28th and saw close to 60,000 $150 calls bought Friday Oct 22 for value of over $ 1mill.
The IV is low and only a 3.8% move is expected.
On Daily, I see a rising channel and currently at fib level .618 resistance. $149.8
Seasoanlity - November is very good for aapl, I would recommend calls out a month or 2.
$XLY potential breakoutXLY Consumer Discretionary SPDR ETF saw a buyer of the 12/17 187C for $2.5M in premium last week
Top holdings are AMAZON and TESLA. I like both these stocks from a technical perspective and a "cheaper" trade would be to go long XLY :) (Higher premiums on AMZN and TSLA).
From a technical perspective XLY has bullish Momo and a strong close above 21EMA. Looking for a $186 blue sky breakout this week and she can really fly.
Also worth noting 9/20 Wyckoff "more effort less result" which is a bullish indication - notice the high volume from the sellers (exhaustion) with price action staying above the 8/17 lows.
Time is not a Bears friendOn Friday Croissant assessed the state of the market on TD Ameritrade Network
In the assessment, CEM enlightens us to the short term options market outlook.
We are still within the window of weakness (no vanna or charm flows) before the fed announcement, but time is not a bears friend.
It's speculated that taper will begin in Nov and will be announced in tomorrows fed meeting.
There are 2 supporting factors driving the next few weeks after the fed meeting in options flows.
1) Fed Meeting passing (end of vol event) will provide support as event vol comes out of the market.
2) HUGE JPM quarterly trade. (end of September)
Both are lined up to provide support. CEM points out to watch the flow levels between 430 into 440.
The Opportunity
SKEW is very high.
Term Structure is very steep.
PUT / CALL SKEW is elevated meaning there is higher put open interest.
The steepness of that curve, the pricing (premiums on puts x2 that of calls).
Sell What is high (Puts)
Buy closer to ATM VOL & GAMMA
This force is suppressive. It makes it hard for the markets to decline.
Usually into a rally and a blow off top which we saw today at Market Close.
If you haven't already, check out Cem Karsan .
Cem retweeted @Barton_option thread breakdown of the Evergrande events.
I suggest reading the entire thread.
@Barton_option ends with:
END/ After the short-term emotional sell-off is over, US equity market is probably going back to whatever track it was on before the Evergrande default.
$AMD daily Going into quad witching tomorrow may get a move but my eyes are more so on next week.
My bias is long given the BULLISH option flow going into the coming weeks/October.
Want to see a break out of this descending triangle to the upside
I'm long $110 calls
$AMD Bullish call buying coupled with cup and handleHard to ignore the non stop call buying today mostly for 10/8 and 10/15 OPEX.. various strikes
From a Technical perspective, AMD appears to be making a cup handle pattern, I also really like the volume shelf support around $105, break of this invalidates trade.
Entered long starter position at the close (higher risk) .
An idea would be to wait for a break of handle (mid risk) or a break of the dotted line at about $114.44 (lowest risk) for various risk / reward entries.
First Target is the depth of the cup, or $121 for this idea.
Bullish option flow for 2 straight days, inside daily candlesBullish option flow for 2 straight days, inside daily candles looking very good. Aug 20th put call ratio is .75. The $750 calls have 28000 open interest.
BUY PLTR PT 30 SL 22Rationale
Strong long term name ARKK bought heavily at this price.
Strong long dated August/May options flow
Flagging on 10 minute
Reversal Signals on the hourly
$MU Strat/Flow/DarkPoolTrade idea based on multiple factors:
Option Flow
DarkPool Orders
Strat Broadening Formation
Significant Sized Option Flow usually shows up first.
January 15th 2021 in the case for $MU
Followed by large Darkpool orders
Strat provides a lower low on the broadening formation and opportunity for time frame continuity to go green on multiple time frames.
Contract Price for 4/16 $80 was around $7 and exit price was around $13
