Optionism

Optionism

This is the SPY levels at the close of 10/24. I use this to reference how the 1-day move levels have changed over time.

Optionism

On October 20, 2023, the S&P 500 exhibited some volatility. Initially, it fell during the overnight trading in the futures market but showed signs of bouncing back to continue its overall consolidation trend. On this date, the S&P 500 closed at $4,243.25, marking a decrease of 0.62%. The technical analysis indicated that the S&P 500 was trading between the 50-Day...

Optionism

Here is an updated technical analysis of SPY, the S&P 500 ETF Trust, based on some of the most popular indicators and tools as of October 20, 2023: - The SPY is trading at **$431.52** as of October 13, 2023, down **0.50%** from the previous close of **$433.66**¹. - The SPY is in a **bearish** trend according to the moving averages, as it is trading below all the...

Optionism

In this example you can see the power of SO calling puts

Optionism

Sleek Options is great at calling earnings plays too, here is an example of HD. SO called put before earnings

Optionism

Showing the power of Sleek Options using UVXY. When SO calls UVXY call the market comes down when it call puts the market goes up

Optionism

This chart demonstrates the power of Sleek Options alerts with TSLA as a use case

Optionism

NFLX has been running hot for awhile now, with CPI and JPOW decision next a pull back sound perfect for bears!

Optionism

CSX appeared to close strong into the close but in reality, it closed under resistance and someone recognized how cheap the option is for a pullback and went long puts at a decent size. You see can from the strike history image I posted in the chart that the 11/18 30.50 put strike has been relatively quiet until today. 30.50 CSX puts could be a banger play for tomorrow!

Optionism

This chart provides insight into how to use the SPX P/C ratio chart coupled with Bollinger bands to make high-probability trading decisions. Each time the P/C spikes above or below the Bollinger band it mean reverts that same day. For this example, I used the SPX daily chart to show when price action hit resistance the P/C chart rose to extremes quickly the next...

Optionism

This chart provides insight into how to use the SPX P/C ratio chart coupled with Bollinger bands to make high-probability trading decisions. Each time the P/C spikes above or below the Bollinger band it mean reverts that same day. For this example, I used the SPX daily chart to show when price action hit resistance the P/C chart rose to extremes quickly the next...

Optionism

This Idea gives a strategy for using the SPX put call ratio to make great trading decisions when coupled with the Bollinger Band. You will notice each time the price goes outside of the Bollinger band price put call ratio mean reverts the same day. Green candles go to red below 1.0 and the red candles to green above 2.0 and this reversion happens quickly. If you...

Optionism

This Idea gives a strategy for using the SPX put call ratio to make great trading decisions when coupled with the Bollinger Band. You will notice each time the price goes outside of the Bollinger band price put call ratio mean reverts the same day. Green candles go to red below 1.0 and the red candles to green above 2.0 and this reversion happens quickly. If you...

Optionism

We have a gap on the SPY around 381. Next week being OPEX sound like a great time to fill the gap before continuing this Bull rally. To close the gap from the todays close is only 4.3% drop and giving this market that can easily happen intraday. We will see what the market holds for us next week. Have a great weekend!

Optionism

I have an alert for when the 10-day moving average falls below .8. The PCC spends most of its time between.8 and 1 when the 10 moving average falls below .8 you can count on a bearish reversal in the market. As of right now, we are above that with plenty of room. The reason why I bring this up now is that if we mid-term rally I'm looking for a strong bull push...

Optionism

I want to highlight some of the actions that happened during important fed decisions. I find it interesting the Fed raised rates in July during the bull market and price action ran right after. Also, I want to point out we are almost at the exact price from the last Fed decision. The market ended strong last week we could possibly cool off this week as we await a decision.