AMC, OXY, SPY& GME Enjoy Upward Momentum!

Jake_Wujastyk
11-21

Hello everyone! Today i want to share some technical analysis with you!

1.

$GameStop(GME)$ Launch mode.

2.

$SPDR S&P 500 ETF Trust(SPY)$ Polymarket data showing the delta in odds between a ".25% rate decrease" & "No change in rate" in December continuing to narrow by the day...

What do you think Papa Powell does in December?

3.

Similar options action that I saw with $Occidental(OXY)$ , $Amazon.com(AMZN)$ , $Micron Technology(MU)$ etc last month before the moves.

The current stock price is around $86.75.

If I look at the $100 Calls for January (a little over $13 out of the money) and the $72.50 puts (a little over $13 out of the money), the $100 call volume is outpacing the $72.50 put volume on a red day by 127X (yes 127 times). On top of that, the $100 calls are about 3X the price.

Just something I thought was worth noting.

4.

$AMC Entertainment(AMC)$ Moving.

Follow me to learn more about analysis!!

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