Keeping an eye on a few option plays.
$Robinhood(HOOD)$ : The stock is seeing strong call flow on the daily chart and moved above $100 last week. I'm watching for a move above $110 for further upside. There's been notable activity in $120 strike calls.
$Roblox Corporation(RBLX)$ : It formed a double bottom pattern around the $40 level and is now above $50. The next target could be filling the gap up to $55.15. Some swing call positions have been added, and more upside might be possible above $55.15.
$Marvell Technology(MRVL)$ : The stock has been in a strong uptrend since NVDA's CEO mentioned it as a potential next trillion-dollar company. I'm looking for calls above $320 and puts below $300 heading into next week. The chart looks strong, but it appears overbought on the weekly timeframe.
$Advanced Micro Devices(AMD)$ : The daily chart shows what looks like a cup and handle pattern forming. It's worth watching for a potential breakout. A move above $540 could target $560 and $575. The indicators are showing strength.
$Tempus AI(TEM)$ : The stock faced another rejection from the $53-$54 zone. This level is key to watch for a potential breakout above that range. It's currently trading within a tight channel on the daily chart.
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