To The Moon

$Meta Platforms, Inc.(META)$ - I sold META puts a couple days ago. Although I believe META can rebound in the future, the capital used to take on those put positions will likely be tied up for at least 3 months. As someone who tries to unite theory and practice, I didn't really feel like talking much tonight and wanted to remain quiet.Despite lacking energy, I still need to maintain daily observations. An interesting question arises - after an earnings release, will market makers start killing off option positions?Call options will undoubtedly get crushed. For META's put options this week, the 450, 470, 440, 400, 480 strikes have the highest open interest. Looking at the intraday movements, although market makers can't control everything, they sti

In summary: Tesla's stock price is likely to settle around $160 this week, but there is a small probability of a gamma squeeze on call options, pushing the price up to $170.After its earnings report, $Tesla Motors(TSLA)$ rebounded 11%, essentially just recouping last week's losses. Apart from "killing" the shorts, there seems to be no other substantial impact - it was just noise.The short-sellers were hit hard, with the effect being significant. The top 9 out-of-the-money put options expiring this week were essentially all buried, expiring worthless. Listed from low to high strike prices, the put options with open interest above 10,000 contracts had strikes at: 150, 140, 130, 135, 75, 120, 100, 145, 125, 160, 115, 155, 110, and 90.The distribution

Impacted by last week's plunge, tech earnings this week, even with robust numbers, may not see significant rallies and could potentially decline further. As a result, large options orders for tech stocks appear to have turned quite conservative, with institutions starting to employ in-the-money option combinations to reduce costs and control risks. This reflects the market's skepticism about the sustainability of the current market rebound. $Meta Platforms, Inc.(META)$ I believe META will remain the strongest performer this earnings season due to its monopolistic advantages. However, expectations should not be set too high, as the previous sell-off has made $525 a minor resistance level, making a repeat of last quarter's 20% surge unrealistic. No

After examining Friday's new options positions, I feel there's no need to wait until Monday's market close. I can assert that this week, the battle for NVIDIA's stock price will revolve around the $800 level.Specifically, I'm optimistic that NVIDIA will be able to maintain a price above $800 this week, although upside may be capped around the $840 level.Let me first share the overall picture of NVIDIA's options. Although some might regret missing last week's plunge, there's no need to worry, as the next major options expiration event is on May 17th, when the monthly options for May expire, with a significant number of open interest contracts. However, the specific dynamics will depend on the price movement preferences in May, for which I'll conduct a thorough analysis as we approach that d

$NVIDIA Corp(NVDA)$ failed to withstand the squeeze pressure and plunged towards $800. The overall market had a significant number of options expiring on April 19th, with a heavy tilt towards puts, creating a resonance effect. As my friend said, it seems like we have an "option expiration day" every month now.Despite our thorough analysis this week, our optimism was a bit excessive. However, the silver lining is that after experiencing this minor squeeze, we'll be more cautious when we encounter similar option expiration setups in the future.Although NVIDIA's stock price took a substantial hit, there's some good news. After this Friday, the massive number of put options expiring on April 19th will be cleared, leading to a cliff-like decrease in NV

$NVIDIA (NVDA)$ The TSMC earnings report is crucial, and NVIDIA's stock price trajectory this week largely hinges on TSMC's performance. If TSMC's earnings are favorable, NVIDIA's stock price is likely to close above $850 on Friday. Conversely, if TSMC's earnings disappoint, NVIDIA's stock could slide to around $800. After all, this week's outstanding put options for NVIDIA are heavily concentrated at the lower strike prices of $800, $850, $820, $840, and $830.As a steadfast bull, I anticipate that TSMC's earnings will boost NVIDIA, allowing it to maintain a level above $850 this week. However, a dip to $800 is also within expectations, potentially triggering a squeeze. A squeeze, similar to GameStop (GME) being driven to $800, refers to a short-c

$NVIDIA Corp(NVDA)$ - The Nvidia options market is expected to replay last week's battle, with market makers continuing to pressure both calls and puts. The 900 calls ($NVDA 20240419 900 CALL$ ) and 850/800 puts ($NVDA 20240419 850 PUT$ , $NVDA 20240419 800 PUT$ ) remain the targets to be crushed. So after taking out the 900 calls on Monday, the next 4 days will be a defense of 850. Holding 850 could allow for a minor bounce, but failing to defend it will likely trigger a squeeze down towards 800. The trading mindset remains similar to last week:Eit

The biggest pain point for stock investors is the inability to track the movements of large funds in real-time. Although fund companies disclose their stock purchases and sales through 13F filings every quarter, these are still backward-looking reports. Given the different trading styles of various funds, investors find it difficult to grasp where the money is actually flowing. Funds may have already adjusted their positions by the time of disclosure, with even investment giants like Berkshire Hathaway significantly reshuffling their holdings within a single quarter.As such, the ability to directly track large order flows has become a major advantage of options trading. The now-famous story of the "NVIDIA $200 Million Whale" is likely familiar to veteran options traders. We have tracked th

$NVIDIA Corp(NVDA)$ Options Market Makers Went Crazy This WeekThe market makers absolutely crushed the $NVDA$ put options for this week's expiry - the 870, 850, 840 and even 800 strikes all got wiped out. Shockingly, they even killed the 900 calls. I thought the 870 strike was an overly aggressive target earlier in the week, but the market makers actually pulled it off.A ton of open interest remains for the April monthly options expiring next week. However, the script may be similar to this week's. If the stock price holds in the 880-900 range on Friday like today, the remaining open interest could get obliterated again. Without further ado, I'm selling the $NVDA 20240419 880 PUT$ 

I was originally going to analyze $Netflix(NFLX)$ earnings report, but after reviewing the option chain, I couldn't find any meaningful insights. Option trading volume is not at yearly lows, but it's close to the bottom, with almost no institutional activity on the large order side. Based on historical volatility, there should have been some straddle trading, but there wasn't any. The only two large orders that looked like earnings bets were outright purchases of put options: $NFLX 20240510 520.0 PUT$  and $NFLX 20241220 380.0 PUT$ . Meanwhile, all the fundamental analysis articles about Netflix were bullish, in