• OptionsAuraOptionsAura
      ·16:18

      AVGO Split is Coming! Use Diagonal Spread Options to Long at Low Cost?

      $Broadcom(AVGO)$'s stock price rose sharply again on Monday by 5.4%, closing at $1,828.87, setting a new record high. According to Dow Jones Market Data, Broadcom's market value surpassed $Eli Lilly(LLY)$ for the first time in more than two years, becoming the eighth most valuable company in the United States.$Broadcom(AVGO)$ reported Q2 results last Wednesday and announced a 10-for-1 stock split that will begin trading on a split-adjusted basis on July 15.Broadcom Chief Financial Officer Kirsten Spears said in a statement that the split will "make it easier for investors and employees to own Broadcom shares."Take $NVIDIA Cor
      301Comment
      Report
      AVGO Split is Coming! Use Diagonal Spread Options to Long at Low Cost?
    • Selling For PremiumSelling For Premium
      ·13:59

      Option Strategies: KBH, LEN, TOL, SPY& ZS

      Hello everyone! Today i want to share some option strategies with you!1.Executed an #Optionselling trade on $Zscaler Inc.(ZS)$ ▫️ Sell-to-open a Strangle ... June 21 expiration, 170 put & 192.5 call strikes2.Loving that spike on $S&P 500(.SPX)$ . Took an optionselling trade.▫️ Sold-to-open June 17 expiration 5490/5495 call credit spread3. $KB Home(KBH)$ has earnings this week. Based on current AH price action, looks like $Lennar(LEN)$ is not reacting well for earnings. $Toll Brothers(TOL)$ dropped for its earnings release as well. This makes us inclined to take a bearish trad
      83Comment
      Report
      Option Strategies: KBH, LEN, TOL, SPY& ZS
    • Ryan_Z0528Ryan_Z0528
      ·06-17 20:41

      Buffett Just Keeps Buying OXY, Add Call Options Above $60 Strike in July?

      BUFFETT JUST KEEPS BUYING $Occidental(OXY)$ Berkshire now owns over $15 billion in shares, making it the 6th largest holding in their portfolio.ImageAdd call contract for July?Day chartI would like to target a a break above $60 in the short term. $Occidental(OXY)$Potential bat harmonic pattern developing on $OXY. Projected price target 73 @Harmonic Patterns
      2.59K6
      Report
      Buffett Just Keeps Buying OXY, Add Call Options Above $60 Strike in July?
    • OptionsAuraOptionsAura
      ·06-17 17:47

      Heavy institution ETF options volume! SPY, QQQ, IWM, VIX, TLT

      Heavy institution ETF options volume! Weekly Top ETF Activity from http://INSIDERFINANCE.COM 1. $SPDR S&P 500 ETF Trust(SPY)$ 3.6M 2. $Invesco QQQ(QQQ)$ 1.1M 3. $iShares Russell 2000 ETF(IWM)$ 767.9K 4. $Cboe Volatility Index(VIX)$ 220.7K 5. $iShares 20+ Year Treasury Bond ETF(TLT)$ 213.0K
      397Comment
      Report
      Heavy institution ETF options volume! SPY, QQQ, IWM, VIX, TLT
    • EliteOptionsTraderEliteOptionsTrader
      ·06-17 14:21

      Trading Stratgies: AVGO, MSFT& .SPX

      Hello everyone! Today i want to share some trading strategies with u!1. $Broadcom(AVGO)$ Trade Idea: June 21 1820C 💡Trigger: Above 1745 📈Target: 1800 🎯Stop: 1720 🛑AVGO through 1745 can run to 1800-1816. Calls can work above 1745 or 1712 backtest. 2. $Microsoft(MSFT)$ Trade Idea: June 21 450C 💡Trigger: Above 443 📈Target: 450 🎯Stop: 440 🛑MSFT above 443 can run to 454. Calls can work above 443 or 436 backtestz3. $S&P 500(.SPX)$ strong breakout last week after moving 116 pts. SPX is setting up for a run to 5700+ this year. I would stay bullish for the month of June as long as SPX can defend 5400. Calls can work above 5443 over the next 3 trading days. Let's see i
      300Comment
      Report
      Trading Stratgies: AVGO, MSFT& .SPX
    • Selling For PremiumSelling For Premium
      ·06-17 13:50

      Option Stratgies: LEN

      Hello everyone! Today i want to share some option strategies with you!1.Pre-earnings trade idea on: $Lennar(LEN)$ Earnings date: June 17 after market closeExpected move: ~6% (with IV below 100%)Expected move range: 146-164Facts to Consider:- 2X the expected move places downside to 136 and upside to 174 from Friday's closing price- LEN is trading right at volume support point-of-control- Gap at the 123 level, with a consolidation support level just above it around 126- 200EMA is at the 145 level - Options chain shows the most OI at the 140 put strike and the 165 call strikeTrade Idea:- Since a big move is not expected, we might sell premium on this rather than buy premium. We would likely target a put strike at 140 or below and a call strike at 175
      159Comment
      Report
      Option Stratgies: LEN
    • OptionsDeltaOptionsDelta
      ·06-15

      Tesla Ranges, Collect $200 Per Week

      $NVIDIA Corp(NVDA)$ Post-split liquidity seems to have spiraled out of control for institutions/MMs. Price far exceeds the $124 put to Buffett, with no signs of consolidating yet.In-the-money calls are seeing frantic closing of actual positions, not just transfers - reflected in open interest declines.I highly suspect this latest pop was driven by 0dte call sellers getting squeezed, but have no proof.Next week's expected ceiling rises to sub-$135, unsure if it'll keep ramping.This environment necessitates stock ownership, with out-of-the-money put sales like $NVDA 20240621 120.0 PUT$  as extra income. $Tesla Motors(TSLA)$ The pullback is
      12.75K5
      Report
      Tesla Ranges, Collect $200 Per Week
    • OptionsDeltaOptionsDelta
      ·06-13

      The Relentless Bull Market - Institutions Join If They Can't Beat It

      $SPDR S&P 500 ETF Trust(SPY)$ Human mindsets are hard to reverse. I had just adjusted to no June drop, and now sentiment has shifted to how high can we go.On Wednesday, the huge SPY upside call buyers closed the 535 strikes ( $SPY 20240614 535.0 CALL$  ) and rolled 49,000 contracts into the 548 calls ( $SPY 20240628 548.0 CALL$  ). Implying the S&P could rally another 1.2%, with SPX possibly hitting 5500 by month-end! Ridiculous. $Invesco QQQ(QQQ)$ Over in the Nasdaq, focus is more on protective positioning, but strike levels are telling:For example, the 465/475 p
      11.11K5
      Report
      The Relentless Bull Market - Institutions Join If They Can't Beat It
    • EliteOptionsTraderEliteOptionsTrader
      ·06-12

      Option Strategies: .SPX, MSFT, AAPL& META

      Hello everyone! Today i want to share some trading analysis with y!1.+$37,344 for Tuesday ✅Took it easy today before FOMC.. Big day tomorrow.. Tech setting up for a bigger run if the market holds up after Powell.. $S&P 500(.SPX)$ to 5444 $QQQ to 475 comingRecap for the week so farMonday +$46,672 🟢Tuesday + $37,344 🟢Total = $84,0162.If you want to grow your account quickly this is the trade you need to wait for FOMC week 👇Trigger: $Microsoft(MSFT)$ above 431 ✅Trade idea: MSFT June 14 440C- currently at $1.15Target: 440CMSFT is at all time highs and is ready for the next leg higher towards 454,472 this summer. MSFT can run to 440 by Friday if there’s a positive reaction to CPI/FOMC tmrw.3.Trade plan for
      671Comment
      Report
      Option Strategies: .SPX, MSFT, AAPL& META
    • Selling For PremiumSelling For Premium
      ·06-12

      Option Strategies: ORCL, ZS& NVDA

      Hello everyone! Today I want to share some option strategies with you!1. $Zscaler Inc.(ZS)$ and $NVIDIA Corp(NVDA)$ in a partnership ... that's cool !! ZS just broke back above its 200EMA today. Let's see if it can hold with CPI and FOMC coming up tomorrow. If so, then possibly time to go long on ZS? 🤔2.Trade idea on $Oracle(ORCL)$ Earnings date: Tuesday June 11 after market closeExpected move: ~7%Trade idea: If we take this trade, we would probably sell the June 14 expiration 100 strike put. We might even turn this into a strangle and would sell a call at the 147 or higher strike.Points to consider:- Expected move range is 115-132- ORCL has moved double-digit % th
      167Comment
      Report
      Option Strategies: ORCL, ZS& NVDA
    • OptionsBBOptionsBB
      ·06-12

      Cautious Sentiment in Broad Market, Institutions Buy Protective Puts

      The US Federal Reserve kicked off its two-day policy meeting, with markets awaiting the rate decision outcome amid generally cautious sentiment.Options flows showed expectations for SPY to see limited downside below 4.8% by June 21 expiry. For QQQ, there was defensive put buying to hedge against potential outsized drawdowns. The Russell 2000 was expected to trade in a 191-209 range.Details:The S&P 500 ETF (SPY) saw open call interest decline 0.4% over the past 5 days. Open put contracts increased 1.1% over the same period.For call options, investors bought the most SPY 20240628 542.0 CALLs with a 542 strike, adding 6,799 contracts. This priced in around 1.5% further upside for SPY by June 28 expiration.For put options, the most sold were SPY 20240719 465.0 PUTs with a 465 strike, addin
      4.65K3
      Report
      Cautious Sentiment in Broad Market, Institutions Buy Protective Puts
    • OptionsDeltaOptionsDelta
      ·06-12
      $NVIDIA Corp(NVDA)$ Expected to close around $120 this week, so selling the 115 put ( $NVDA 20240614 115.0 PUT$  ) on dips is very stableIf price rises, consider selling the 130 call ($NVDA 20240621 130.0 CALL$  )Essence of selling options against shares: sell calls at highs, sell puts at lowsBest times to sell are Friday, then Monday and Thursday $Apple(AAPL)$ Unlikely to reach $210 this week, expect $190-200 rangePlan to sell the 190 put ( $AAPL 20240621 190.0 PUT$  ) after a pullback from highsCan
      5.28K1
      Report
    • EliteOptionsTraderEliteOptionsTrader
      ·06-11

      Trading Strategies: .SPX, LRCX& META

      Hello everyone! Today i want to share some technical analysis with you!Trade plan for Tuesday ✅ $S&P 500(.SPX)$ to 5400 in play by Wednesday as long as 5332 holds. Price action more bullish through 4374SPX June 12 5400C can work above 5374 $Lam Research(LRCX)$ big breakout above 977. LRCX ot 1043 can come by Friday if it holds 1000 after FOMC1040C can work above 1000 $Meta Platforms, Inc.(META)$ setting up for 508,516 after FOMC if it holds the 500 support level505C is best above 500Follow me to learn more about analysis!!https://x.com/EliteOptions2/status/1800320972769341642
      346Comment
      Report
      Trading Strategies: .SPX, LRCX& META
    • Selling For PremiumSelling For Premium
      ·06-11

      Option Strategies: NET, ADBE& NET

      Hello everyone!Today i want to share some option strategeies with you! 1. $Broadcom(AVGO)$ has earnings this week. Its trading in the same area it was before last earnings. Took a dump for that earnings release. Will it take a dump again?We do not know, but we are going to target the levels from last earnings for an #Optionselling put trade. Just gotta decide if we want to be conservative vs aggressive or somewhere in between.Expected Move: ~6%Expected Range: 1320 - 1495Aggressive: 1320Volume Point-of-Control: 1250Conservative: 1200Note: Strikes subject to change based on AVGO's price on Wednesday before market close.2. $Adobe(ADBE)$ has earnings this week. Not sure how we want to play it yet, but we will
      930Comment
      Report
      Option Strategies: NET, ADBE& NET
    • SpicyTradeSpicyTrade
      ·06-11
      SPDR S&P 500 ( $SPY ) stock analysis
      52Comment
      Report
    • Option IncomeOption Income
      ·06-10
      Best Stock (Bullish Pattern) Options Trade
      19Comment
      Report
    • mmm41286mmm41286
      ·06-10
      SOFI Update 6/9 | Any Significant Option Flow? Is A Falling Wedge Possible Tell Earnings?
      120Comment
      Report
    • MattGianninoMattGiannino
      ·06-09
      3 Top Option Trades This Week
      74Comment
      Report
    • Options with DavisOptions with Davis
      ·06-09
      SPY Only Strategy (For Retirement Income)
      65Comment
      Report
    • TRIGGER TRADESTRIGGER TRADES
      ·06-09

      SPX is nearing the 5385-5430 5th wave targets

      $S&P 500(.SPX)$ is nearing the 5385-5430 5th wave targets, but there is risk this leg up is already complete.As long as SPX remains above 5325-5305, it can extend higher to 5385-5430.However, the loss of 5305 is a strong warning sign a higher degree correction is playing out leading to 5250, if not 5000 for [W4]. $SPDR S&P 500 ETF Trust(SPY)$ $E-mini S&P 500 - main 2406(ESmain)$ $Invesco QQQ(QQQ)$ $E-mini Nasdaq 100 - main 2406(NQmain)$ ImageImageWe expected the dip to be bought leading to a new high above 5362 📈After finding support at the channel, we longed t
      1.02KComment
      Report
      SPX is nearing the 5385-5430 5th wave targets
    • OptionsAuraOptionsAura
      ·16:18

      AVGO Split is Coming! Use Diagonal Spread Options to Long at Low Cost?

      $Broadcom(AVGO)$'s stock price rose sharply again on Monday by 5.4%, closing at $1,828.87, setting a new record high. According to Dow Jones Market Data, Broadcom's market value surpassed $Eli Lilly(LLY)$ for the first time in more than two years, becoming the eighth most valuable company in the United States.$Broadcom(AVGO)$ reported Q2 results last Wednesday and announced a 10-for-1 stock split that will begin trading on a split-adjusted basis on July 15.Broadcom Chief Financial Officer Kirsten Spears said in a statement that the split will "make it easier for investors and employees to own Broadcom shares."Take $NVIDIA Cor
      301Comment
      Report
      AVGO Split is Coming! Use Diagonal Spread Options to Long at Low Cost?
    • Selling For PremiumSelling For Premium
      ·13:59

      Option Strategies: KBH, LEN, TOL, SPY& ZS

      Hello everyone! Today i want to share some option strategies with you!1.Executed an #Optionselling trade on $Zscaler Inc.(ZS)$ ▫️ Sell-to-open a Strangle ... June 21 expiration, 170 put & 192.5 call strikes2.Loving that spike on $S&P 500(.SPX)$ . Took an optionselling trade.▫️ Sold-to-open June 17 expiration 5490/5495 call credit spread3. $KB Home(KBH)$ has earnings this week. Based on current AH price action, looks like $Lennar(LEN)$ is not reacting well for earnings. $Toll Brothers(TOL)$ dropped for its earnings release as well. This makes us inclined to take a bearish trad
      83Comment
      Report
      Option Strategies: KBH, LEN, TOL, SPY& ZS
    • Ryan_Z0528Ryan_Z0528
      ·06-17 20:41

      Buffett Just Keeps Buying OXY, Add Call Options Above $60 Strike in July?

      BUFFETT JUST KEEPS BUYING $Occidental(OXY)$ Berkshire now owns over $15 billion in shares, making it the 6th largest holding in their portfolio.ImageAdd call contract for July?Day chartI would like to target a a break above $60 in the short term. $Occidental(OXY)$Potential bat harmonic pattern developing on $OXY. Projected price target 73 @Harmonic Patterns
      2.59K6
      Report
      Buffett Just Keeps Buying OXY, Add Call Options Above $60 Strike in July?
    • Selling For PremiumSelling For Premium
      ·06-17 13:50

      Option Stratgies: LEN

      Hello everyone! Today i want to share some option strategies with you!1.Pre-earnings trade idea on: $Lennar(LEN)$ Earnings date: June 17 after market closeExpected move: ~6% (with IV below 100%)Expected move range: 146-164Facts to Consider:- 2X the expected move places downside to 136 and upside to 174 from Friday's closing price- LEN is trading right at volume support point-of-control- Gap at the 123 level, with a consolidation support level just above it around 126- 200EMA is at the 145 level - Options chain shows the most OI at the 140 put strike and the 165 call strikeTrade Idea:- Since a big move is not expected, we might sell premium on this rather than buy premium. We would likely target a put strike at 140 or below and a call strike at 175
      159Comment
      Report
      Option Stratgies: LEN
    • EliteOptionsTraderEliteOptionsTrader
      ·06-17 14:21

      Trading Stratgies: AVGO, MSFT& .SPX

      Hello everyone! Today i want to share some trading strategies with u!1. $Broadcom(AVGO)$ Trade Idea: June 21 1820C 💡Trigger: Above 1745 📈Target: 1800 🎯Stop: 1720 🛑AVGO through 1745 can run to 1800-1816. Calls can work above 1745 or 1712 backtest. 2. $Microsoft(MSFT)$ Trade Idea: June 21 450C 💡Trigger: Above 443 📈Target: 450 🎯Stop: 440 🛑MSFT above 443 can run to 454. Calls can work above 443 or 436 backtestz3. $S&P 500(.SPX)$ strong breakout last week after moving 116 pts. SPX is setting up for a run to 5700+ this year. I would stay bullish for the month of June as long as SPX can defend 5400. Calls can work above 5443 over the next 3 trading days. Let's see i
      300Comment
      Report
      Trading Stratgies: AVGO, MSFT& .SPX
    • OptionsAuraOptionsAura
      ·06-17 17:47

      Heavy institution ETF options volume! SPY, QQQ, IWM, VIX, TLT

      Heavy institution ETF options volume! Weekly Top ETF Activity from http://INSIDERFINANCE.COM 1. $SPDR S&P 500 ETF Trust(SPY)$ 3.6M 2. $Invesco QQQ(QQQ)$ 1.1M 3. $iShares Russell 2000 ETF(IWM)$ 767.9K 4. $Cboe Volatility Index(VIX)$ 220.7K 5. $iShares 20+ Year Treasury Bond ETF(TLT)$ 213.0K
      397Comment
      Report
      Heavy institution ETF options volume! SPY, QQQ, IWM, VIX, TLT
    • OptionsDeltaOptionsDelta
      ·06-15

      Tesla Ranges, Collect $200 Per Week

      $NVIDIA Corp(NVDA)$ Post-split liquidity seems to have spiraled out of control for institutions/MMs. Price far exceeds the $124 put to Buffett, with no signs of consolidating yet.In-the-money calls are seeing frantic closing of actual positions, not just transfers - reflected in open interest declines.I highly suspect this latest pop was driven by 0dte call sellers getting squeezed, but have no proof.Next week's expected ceiling rises to sub-$135, unsure if it'll keep ramping.This environment necessitates stock ownership, with out-of-the-money put sales like $NVDA 20240621 120.0 PUT$  as extra income. $Tesla Motors(TSLA)$ The pullback is
      12.75K5
      Report
      Tesla Ranges, Collect $200 Per Week
    • OptionsDeltaOptionsDelta
      ·06-13

      The Relentless Bull Market - Institutions Join If They Can't Beat It

      $SPDR S&P 500 ETF Trust(SPY)$ Human mindsets are hard to reverse. I had just adjusted to no June drop, and now sentiment has shifted to how high can we go.On Wednesday, the huge SPY upside call buyers closed the 535 strikes ( $SPY 20240614 535.0 CALL$  ) and rolled 49,000 contracts into the 548 calls ( $SPY 20240628 548.0 CALL$  ). Implying the S&P could rally another 1.2%, with SPX possibly hitting 5500 by month-end! Ridiculous. $Invesco QQQ(QQQ)$ Over in the Nasdaq, focus is more on protective positioning, but strike levels are telling:For example, the 465/475 p
      11.11K5
      Report
      The Relentless Bull Market - Institutions Join If They Can't Beat It
    • OptionsBBOptionsBB
      ·06-12

      Cautious Sentiment in Broad Market, Institutions Buy Protective Puts

      The US Federal Reserve kicked off its two-day policy meeting, with markets awaiting the rate decision outcome amid generally cautious sentiment.Options flows showed expectations for SPY to see limited downside below 4.8% by June 21 expiry. For QQQ, there was defensive put buying to hedge against potential outsized drawdowns. The Russell 2000 was expected to trade in a 191-209 range.Details:The S&P 500 ETF (SPY) saw open call interest decline 0.4% over the past 5 days. Open put contracts increased 1.1% over the same period.For call options, investors bought the most SPY 20240628 542.0 CALLs with a 542 strike, adding 6,799 contracts. This priced in around 1.5% further upside for SPY by June 28 expiration.For put options, the most sold were SPY 20240719 465.0 PUTs with a 465 strike, addin
      4.65K3
      Report
      Cautious Sentiment in Broad Market, Institutions Buy Protective Puts
    • OptionsDeltaOptionsDelta
      ·06-12
      $NVIDIA Corp(NVDA)$ Expected to close around $120 this week, so selling the 115 put ( $NVDA 20240614 115.0 PUT$  ) on dips is very stableIf price rises, consider selling the 130 call ($NVDA 20240621 130.0 CALL$  )Essence of selling options against shares: sell calls at highs, sell puts at lowsBest times to sell are Friday, then Monday and Thursday $Apple(AAPL)$ Unlikely to reach $210 this week, expect $190-200 rangePlan to sell the 190 put ( $AAPL 20240621 190.0 PUT$  ) after a pullback from highsCan
      5.28K1
      Report
    • Selling For PremiumSelling For Premium
      ·06-12

      Option Strategies: ORCL, ZS& NVDA

      Hello everyone! Today I want to share some option strategies with you!1. $Zscaler Inc.(ZS)$ and $NVIDIA Corp(NVDA)$ in a partnership ... that's cool !! ZS just broke back above its 200EMA today. Let's see if it can hold with CPI and FOMC coming up tomorrow. If so, then possibly time to go long on ZS? 🤔2.Trade idea on $Oracle(ORCL)$ Earnings date: Tuesday June 11 after market closeExpected move: ~7%Trade idea: If we take this trade, we would probably sell the June 14 expiration 100 strike put. We might even turn this into a strangle and would sell a call at the 147 or higher strike.Points to consider:- Expected move range is 115-132- ORCL has moved double-digit % th
      167Comment
      Report
      Option Strategies: ORCL, ZS& NVDA
    • EliteOptionsTraderEliteOptionsTrader
      ·06-12

      Option Strategies: .SPX, MSFT, AAPL& META

      Hello everyone! Today i want to share some trading analysis with y!1.+$37,344 for Tuesday ✅Took it easy today before FOMC.. Big day tomorrow.. Tech setting up for a bigger run if the market holds up after Powell.. $S&P 500(.SPX)$ to 5444 $QQQ to 475 comingRecap for the week so farMonday +$46,672 🟢Tuesday + $37,344 🟢Total = $84,0162.If you want to grow your account quickly this is the trade you need to wait for FOMC week 👇Trigger: $Microsoft(MSFT)$ above 431 ✅Trade idea: MSFT June 14 440C- currently at $1.15Target: 440CMSFT is at all time highs and is ready for the next leg higher towards 454,472 this summer. MSFT can run to 440 by Friday if there’s a positive reaction to CPI/FOMC tmrw.3.Trade plan for
      671Comment
      Report
      Option Strategies: .SPX, MSFT, AAPL& META
    • Selling For PremiumSelling For Premium
      ·06-11

      Option Strategies: NET, ADBE& NET

      Hello everyone!Today i want to share some option strategeies with you! 1. $Broadcom(AVGO)$ has earnings this week. Its trading in the same area it was before last earnings. Took a dump for that earnings release. Will it take a dump again?We do not know, but we are going to target the levels from last earnings for an #Optionselling put trade. Just gotta decide if we want to be conservative vs aggressive or somewhere in between.Expected Move: ~6%Expected Range: 1320 - 1495Aggressive: 1320Volume Point-of-Control: 1250Conservative: 1200Note: Strikes subject to change based on AVGO's price on Wednesday before market close.2. $Adobe(ADBE)$ has earnings this week. Not sure how we want to play it yet, but we will
      930Comment
      Report
      Option Strategies: NET, ADBE& NET
    • EliteOptionsTraderEliteOptionsTrader
      ·06-11

      Trading Strategies: .SPX, LRCX& META

      Hello everyone! Today i want to share some technical analysis with you!Trade plan for Tuesday ✅ $S&P 500(.SPX)$ to 5400 in play by Wednesday as long as 5332 holds. Price action more bullish through 4374SPX June 12 5400C can work above 5374 $Lam Research(LRCX)$ big breakout above 977. LRCX ot 1043 can come by Friday if it holds 1000 after FOMC1040C can work above 1000 $Meta Platforms, Inc.(META)$ setting up for 508,516 after FOMC if it holds the 500 support level505C is best above 500Follow me to learn more about analysis!!https://x.com/EliteOptions2/status/1800320972769341642
      346Comment
      Report
      Trading Strategies: .SPX, LRCX& META
    • OptionsDeltaOptionsDelta
      ·06-03

      GameStop's Whale's Setup Tactics and Key Levels Revealed

      TL;DR: The key question - Why start setting up the play 3 weeks in advance?Roaring Kitty = The WhaleTwo weeks after the May 13th spike, on Monday June 3rd, GME saw another 75% pre-market surge.On Sunday June 2nd, Roaring Kitty (u/DeepFuckingValue) on Reddit posted a screenshot showing he had purchased 5 million shares of GameStop at $21.27 per share for a total of $115.7 million.Additionally, Roaring Kitty bought 120,000 $20 strike calls expiring June 21st ( $GME 20240621 20.0 CALL$  ) worth around $65.7 million.Just looking at this account, Roaring Kitty's total GME securities are worth $210 million.Source: RedditAfter this news, one key question comes to mind - why this specific timing? For the June 21st expiry options,
      16.76KComment
      Report
      GameStop's Whale's Setup Tactics and Key Levels Revealed
    • OptionsDeltaOptionsDelta
      ·06-07

      GME: Posturing Exposed, Time for Shorts to Enter Orderly

      TL;DR: Tonight Kittey will stream and pump GME. Recommend selling once it hits $60.On Thursday June 6th, during trading hours, Roaring Kittey announced a YouTube stream for Friday, causing GME to spike 49% and close at $47, reaching $66.98 after-hours.Regarding the stream topic, Kittey claimed he's betting everyone will join in. Undoubtedly, GME's price must rise during the broadcast.A Bucket of Cold WaterJust as retail was gearing up for a rip-roaring open, the unthinkable happened - GME preannounced disappointing earnings and plans for a $300 million share offering, which was originally scheduled for June 11th after market close. $GameStop(GME)$ The news tanked the stock from $63 to $35.Meanwhile, the company stated there would be no earnings cal
      21.96KComment
      Report
      GME: Posturing Exposed, Time for Shorts to Enter Orderly
    • OptionsAuraOptionsAura
      ·06-05

      Buying U.S. Treasury Bonds "for Free": Selling TLT Put Options

      $iShares 20+ Year Treasury Bond ETF(TLT)$ $Direxion Daily 20 Year Plus Treasury Bull 3x Shares(TMF)$ On the macroeconomic front, the U.S. economic data has finally started to cool down!On Tuesday, the focus of the latest U.S. data was primarily on the latest labor force indicators. The Job Openings and Labor Turnover Survey (JOLTS) released by the U.S. Bureau of Labor Statistics showed that the number of job openings at the end of April 2024 was recorded at 8.059 million, the lowest since March 2021 and significantly below the market expectation of 8.37 million. The March data was also revised down from 8.488 million to 8.355 million.This has reduced the ratio of job openings to unemployed persons to 1.2:1,
      2.71K3
      Report
      Buying U.S. Treasury Bonds "for Free": Selling TLT Put Options
    • OptionsDeltaOptionsDelta
      ·05-30

      The $2 Billion Trader Rolls Position Again, Institutional Showdown Driving Nvidia's Surge

      TL;DR: The $2 billion trader is likely not simply bullish, but rather engaged in an institutional options betting duel. However, their breakeven target prices have been surprisingly reasonable, worth considering as a reference.Although it's been just two trading days since last Friday, May 24th, Nvidia's stock (NVDA) has surged an impressive 7.55%.The $2 billion trader's first roll was executed at $1,047, while the second all-in roll occurred $100 higher at $1,147, just two days later.Due to Nvidia's short-term explosive rally, this roll was conducted in three steps, unlike previous ones:Tuesday, May 28th at $1,131 - Closed out 7,700 contracts, leaving 30,000 openWednesday, May 29th at $1,136 - Closed out 5,000 contracts, leaving 25,000 openWednesday, May 29th at $1,146 - Rolled the remain
      7.51K5
      Report
      The $2 Billion Trader Rolls Position Again, Institutional Showdown Driving Nvidia's Surge
    • OptionsBBOptionsBB
      ·06-08

      Rate Cut Expectations Dial Back, Markets Add Downside Hedges

      The surprisingly strong US jobs report led traders to scale back expectations for Fed rate cuts this year. The US dollar index rallied and Treasury yields spiked higher.Options flows showed an increase in downside put hedging for SPY. For QQQ, there was greater divergence with expectations for further 1.5% upside through July but hedges building for a potential September pullback. Small-caps remained volatile with expectations for a 2.4% rally in IWM by July 17 expiry.Details: $SPDR S&P 500 ETF Trust(SPY)$ saw open call interest unchanged over the past 5 days. Open put contracts increased 6.0% over the same period.For call options, the most actively traded was the $SPY 20240610 535.0 C
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      Rate Cut Expectations Dial Back, Markets Add Downside Hedges
    • OptionsDeltaOptionsDelta
      ·06-04

      GME Sentiment Tracking: Guests Enter the Stage, Bulls and Bears Await the Bites

      Didn't expect so much to happen in one day, it has an atmosphere of heating up the party scene.The Kitten (GME's Ringleader) Flaunts His Position AgainOn June 3rd, Monday's U.S. stock market close, Roaring Kitty "Keith Gill" posted screenshots of his holdings on Reddit for the second consecutive day.The image showed no change in his stock and option quantities. After GME closed at $28, up 21%, his $21 cost basis stock gained 31.62% and $5.67 cost basis options gained 76%. His total account value reached $289 million.Unsurprisingly, the comment section was full of riled up retail investors vowing to continue buying calls. I believe Roaring Kitty will keep posting daily to incite more retail buying with the high gains.As GME's known ringleader, Roaring Kitty has two aims in posting:Show ever
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      GME Sentiment Tracking: Guests Enter the Stage, Bulls and Bears Await the Bites