reaches Measured move with some topping tails, consolidation, pullback or go?
Expanding top often a sign of reversal, needs over 92.25 to prove other wise
If $AAPL is a Shark we may still have another 100 points lower
short term rising after 88.6% retrace, w/ 52.5/57.5 Call Spreads trading 1k times into earnings tonight
Rising toward top of channel with big activity on the Feb 24 Calls into earnings tonight
One view - testing 39 resistance area on rise after holding 23.6% Fib arc, into earnings, 37.5 and 40 calls popular
bullish bias near resistance into earnings tonight 62.5/65 CS offer 3;1 reward to risk on a view of a $260 move by next week
What a mess, gaps everywhere, no liquidity in options, just erase this from your screens
wild mover, 20% Short interest, weekly Straddle sale vs Mar buy looks safest
Bearish Butterfly with PRZ at 187 into earnings tomorrow am, looks like 4k 165/175 Call Spread Risk Reversals selling 155 Put trade today in Feb
3 Drives would take it to 56.20 beginning of March, earnings tonight and very large May 55 call activity
Consolidating at 38.2% Fibonacci w/ earnings tonight, feb 315 Calls active
rising trend into earnings, and traded 250 Feb 16 Calls (significant relative to total of ~700 OI across all contracts)
testing bottom of rising channel into earnings in the morning, today's activity favors 65 strike calls, and selling 60 puts