PFE finally breaking above the 20 and 50 day moving averages. 200 day is a bit of a reach at 41 with a big resistance level at 37.5 and 39.5. The 9/1 37.5C traded over 21,000x today. Target = 39-40
Someone is bullish $JPM... today someone rolled 8000 of their in the money JPM 9/18 145/155 call spreads to buy 8000x JPM 9/15 160/170 call spreads for 1.53. Look for a breakout above 155 resistance level. If NYSE:JPM gets above the middle dotted line in that channel, it is cleared for take off to 170...green box is profit taking zone.. Max payout on the...
Zoom NASDAQ:ZM came in with bullish call flow for the August 18th expiration. There was a lot of action on 7/13 and 7/14 on the 8/18 80 strike calls. A break above the 200 day moving average or $72 would be bullish for the stock to keep the momentum going. NASDAQ:ZM hasn't broken above (or really tested) the 200 day moving average in a loooong time... Target = $85+
D.R. Horton, Inc. is a home construction company. Since 2002, the company has been the largest homebuilder by volume in the United States. Someone sold DHI 8/25 105P short and bought 120/130C spreads for 1.25... Same trader, multi-leg bullish strategy. Look for a bounce off the 50 day moving avg on this big cup and handle breakout... I would look into the DHI...
Bunge Limited ( NYSE:BG ) is an American agribusiness and food company, incorporated in Bermuda, and headquartered in St. Louis, Missouri, United States. As well as being an international soybean exporter, it is also involved in food processing, grain trading, and fertilizer. The daily chart shows the stock exploded to the upside from $30 in 2020 to a high of...
MP Materials Corp. owns and operates rare earth mining and processing facilities. It owns and operates the Mountain Pass Rare Earth mine located in the Western Hemisphere. MP Materials is one of five non-chain Western rare earth refineries in operation, construction, or recommissioning and their Mountain Pass operation in Nevada is currently restarting......
Last year was a good year for oil stocks. This year, not so much... Technical wise, this 50 / 200 day moving average cross or death cross is showing weakness for $XOM. The death cross only tells you that price action has deteriorated over a period a little longer than two months, if the crossing is done by the 50-day moving average. $100 is a big level that's...
Someone is selling puts and buying calls for September 15th. Target = 155+
Big call seller on Micron Technologies NASDAQ:MU of the 7/21 68C 16,000x. Large volume on the daily candle on the underlying. Support is 64-65 but the bet is that it stays below 68 these next few weeks to collect full premium $
The NASDAQ:INTC 10/20 38/44C spread were active today trading over 30,000x. Someone is bullish the name and anticipating good earnings. Target = 40+
Tesla likes technicals here with 20 day, 50 day moving averages and 50/200 day moving average golden cross. Bullish momentum... 240-250 major support levels or 20 day moving average for entries or short puts.
Visa Long on a huge bullish flag/pennant formation. Looking for a breakout or sideways action with 225 major support for next few weeks.
Bullish flow on the UAL 8/18 57.5/65C spreads with a short 8/18 50P. The same whale had been shorting the 44P and buying upside call spreads for July. Those calls are ITM.
Unusual flow on NYSE:DAL Delta Airlines selling 35 strike puts for .31, getting out of ITM 6/16 35/40C spreads and buying 7/21 40/45C spreads for 1.35. Chart shows a pivot point Oct 2022 where there are now lower highs and higher highs. Bulls will want to see another higher high and a 40-42 resistance breakout.
Goldman's Weekly Options Watch trade idea: Buy calls ahead of FedEx earnings. With the stock underperforming the AMEX:SPY by over 8% over the past month, Goldman Sachs analysts see potential for a reversion following earnings.
NASDAQ:ULTA 6/16 450P traded 5000x on Friday 5/12... ULTA 200 day moving average = 465. A break below that support level will cause a bearish trend with the potential to retreat to 435. The 23.6% fib retracement is ~ 450. There is not much support below 450.
Big Money QQQ 6/30 260/275/290P Butterfly traded today at .63... QQQ 6/30 exp BTO 260P 10,000x / STO 275P 20,000x / BTO 290P 10,000x. PT = 275
Goldman Trade Idea: "Buy JPM Calls ahead of Analyst Day" Goldman's Richard Ramsden highlights JPM’s ability to gain share of deposit balances during macro volatility in Mar’23, continued favorable deposit betas, robust-and-improving capital ratios along with a commitment to capital returns demonstrate the franchisee’s strength positioning it well for...