AMC, OXY, SPY& GME Enjoy Upward Momentum!
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.
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