About meStriving to become fluent in the markets and mastering market mechanics. As I continue my journey, I will post all my research, charts and tips for my personal use and in case anyone has any questions or just want to follow along.
Order came in for NYSE:F overflooding the $12 strike with calls. Check picture for a mini lesson!
Plan is to grab 1 ITM strike (puts) tomorrow at market open.
Not quite... NYSE:RBLX lately has been getting hammered. Even after having great earnings on May 9th, NYSE:RBLX can't catch a break. Today a flow order came in hammering calls on the $32.50 strike. With this presented to us the best assumption we can make is the Market Makers will not want this stock higher than the $32.50 strike by the given expiration date...
Silver 5/22/2024 Exp
Silver has been on a surge so far this month, rising 20.54% from the beginning of May. This previous friday an option order totalling $2.63 Mil came in for AMEX:SLV targeting the $28 strike expiring on 5/22. The problem with this order is it is way too enormous for the ticker causing the market makers (dealers) major issues if price...
C 5/24 Hedge Trade
NYSE:C had an option flow order placed on the $65 strike. This option flow order was for the 5/24 exp and had 8000 contracts totaling $242K. $242K worth of contracts on this stock is overloading so instead of following the original trade (Calls), we will bet against this trade (Puts). We may need to get next week's expiration if this upwards...
PLTR 5/24 Hedge Trade
NYSE:PLTR reported earnings pre-market on 5/7. After exceeding expectations, NYSE:PLTR has been range bound. An option trader most likely a hedge fund or some kind of firm created a significant wall due to purchasing too many contracts valuing over $106.7K. This may seem like a low amount especially for options but for NYSE:PLTR this...
SPY 5/24 Levels
As AMEX:SPY continues to climb and climb the bull rally has no sign of ending. We are expected to have slight weakness this week although seasonals are indicating this week is the bottom. The weekly levels are :
Market Makers Hedged - Upside $536.50 Downside $521.50
Markets Expectation - Upside $535.13 Downside $524.40
Liquidity Levels - Lay...
AMZN did great on earnings but its time for a quick drop
1HR
We have Supply Liquidity Heat Zone from $128.30 - $129.84
We have a pivot level from $126.59 - $125.96
Small demand liquidity from $124.79 - $124.50
Demand Liquidity from $119.52 - $117.85
15-30M
Looks like we are starting a trending parallel to the upside
Option Flow
PUTS Below 126 exp...
This could be a MM Cycle
1HR
Trending Parallel formed into a MM Cycle
Looking for max pain below $120.23 then a LG back into the channel, then a chop near the highs of the channel for a breakout
Option Chains
10/27 - 11/24 shows us that the majority of positions are short leading up to $126-127
Seasonals
Choppy throughout beginning of OCT - end of NOV...
Daily Time Frame
SE is on a trending parallel with a gap down today
1 Hour Timeframe
SE has a liquidity zone from $45.76 - $45.51 that has already been bounced off of multiple times. This creates a watering hole so more touches on a zone means the more price wants to break through it
SE has a liquidity grab at $44.76 - $45.51 so we can expect maybe a...
Here we have a trade idea that came from a price action range. The idea is simple, we have a price action range that popped above and fell right back into the range. Also had a liquidity grab towards the downside. The target will be right under the liquidity grab. The reason being is we can expect price to go down near/pass this level because the liquidity grab...
