hockeysniper

hockeysniper

Hut 8 Mining Corp. is a canadian based digital asset miner. Look for 50% Fib extension as resistance, $6.82. Right now, Bitcoin is pulling back 1%. Options flow: The Aug 20 expiry, put/call ratio = .11 and Sep 17 expiry , put/call ratio = .05. IV is high with earnings Aug 12th. If you own shares, you can sell puts to capture premium. Good Luck!

hockeysniper

Happy weekend traders! Amazing run by ethereum from the double bottom pattern on daily. London hard fork aug 5th and US govt regulation news really popped the sector. I would look for entry on pullback at around $2800. That is the 50 % fib extension level. The indicator I have is called "Supertrend" for crypto charts.

hockeysniper

Bullish 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.

hockeysniper

Bullish flag pattern on 4 hr chart. With BTC and ETH up 1 -2 % over the weekend, look for Crypto stocks to get a little pump on monday. Open interest for Aug 20 expiry - 3100 $35 Aug 20 calls, 4600 $40 calls. MARA MSTR BTBT are other bitcoin related names to watch.

hockeysniper

Happy Sunday traders! Trading strategy using seasonality, app.seasonax.com Seasonality for Gold is bullish in august and september for the past 25 years. I am long GLD Sept $175 call options at 1.99, down ight now to 1.55. The Sept Put/call open interest ratio is .72.

hockeysniper

Alright traders, PINS reports earnings thursday 7/29. I really like the PINS setup because the RSI has more room to run on the daily and weekly charts. SNAP and TWTR both recorded good ER's, FB reports on wednesday. More time was spent on social media apps, due to Corona virus...pretty simple. Options flow - There are over 6000 $85 calls sitting in OI, put/call...

01:57

hockeysniper

Hey Traders, I am leaning more neutral on FB for earnings as it has already made its expected move before earnings (6%). On Friday, July 23, 2021 there was some notable buying of 33,323 contracts of the $400.00 call expiring on Friday, July 30, 2021. Option traders are pricing in a 5.8%, so 392 bullish or 348 bearish. Put call ratio for 7/30 is .67. An august 20...

01:37

hockeysniper

Happy weekend traders! I am bullish on apple earnings, so here is my analysis. On Thursday, July 22, 2021 there was some notable buying of 82,115 contracts of the $150.00 call expiring on Friday, July 30, 2021. Option traders are pricing in a 4.2%, which would put the stock at about $155 post ER. *Dont go too far out of the money, if you play earnings as IV crush...

hockeysniper

ER Analysis - Historically weak quarter and I think will guide lower for next quarter. There was massive demand in NA and globally due to Covid, but that story is fading. Look for a buy around $500-510 level. Put/call ratio almost even at .98. GL!

hockeysniper

OPEC + just agreed to increase output until 2022, Gasoline stockpiles build up more than expected EIA report July 13. Look for bear flag to form on 4 hour. PT .618 Fib level or 47.75. August - Usually refiners shutdown and that means build up of inventory. The only bullish case I see, if there are major hurricanes knocking out supply in Gulf of Mexico. I am in...

hockeysniper

Happy saturday traders! Next week, we have a load of bank earnings and we start off with BAC and WFC tuesday morning. Here's my thoughts on BAC: Double bottom pattern on daily TF and put/call ratio of .76 . On Friday, 3800 38.5 7/16 calls were bought during the day. Options are looking for a 3.5% implied move. GL! I will post a WFC analysis later!

hockeysniper

Eth - look for higher low on the daily timeframe. It broke above 2277 resistance and now look for entry on a higher low, maybe around 2241. Its a long weekend, so very little volume. PT - .618 Fib level $2400, PT2 2800. Future catalysts - Elon musk and Jack dorsey will talk at a Bitcoin conference July 21, hosted by ARK investments. Hope you are having a great...

hockeysniper

Ntes is a technology company engaged in the development of applications, services and other technologies for the Internet in China. July produces an avg of +1% over past 5 years. There is decent open interest in the july 16 115 and 120 calls. I have seen a fair amount of bullish option flow for china tech stocks. JD BABA , GL!

hockeysniper

There is 20% short interest or roughly 34 Million shares short. Options action - On friday, there was buying in the 7/16 $60 and $70 calls. Its also one of most mentioned tickers in fintwit. On the 4 hour chart, vwap is $53. That could be good entry, if it goes to that price. Good luck!

hockeysniper

TTD - The company through self-service, cloud-based platform, ad buyers create, manage and optimize data-driven digital advertising. It has gone up 2,100% since ipo in 2016. Its number 1 in its sector and has P/B value at 25. Its a good buy / trade before the stock split, imo.

hockeysniper

Nat gas futures double top on 4 hour, Bearish below 3.03, bullish above 3.04. There are no hurricanes in the gulf or any other nat gas disruptions. Look for short below 3.03 here.

hockeysniper

GDX is an etf of senior gold miners. The golden cross (50 ma crossing above 200 ma) has occurred and has formed a flag on daily. The next fomc is not until june 15th, so we may chop here or pull back, depending on economic data.

hockeysniper

KL - One of the top five gold miners in the world. Closed above the 200 MA few days ago and has formed a bullish flag. Also, possible golden cross soon (50 ma crosses above 200 ma). I like KL, NEM, GOLD as money flows out from crypto and back into inflation hedges. Cheers