• OptionsDeltaOptionsDelta
      ·10-25 22:25

      Resetting Tesla's Q4 Trading Range, $240 No Longer a High Strike

      $Tesla (TSLA)$ Waking up to see the stock price today left me dumbfounded - I thought we were targeting $260 for next week? How did it get there in a single day?No issue being wrong on my prediction, ramps like this are music to bullish ears. I mainly feel for the funds who sold those $262.5 calls as part of a covered call position and got blown through. Based on Thursday's trend, it seems highly unlikely Tesla stays below $262 next week.To be fair, the $262.5 strike wasn't an unreasonable one for institutions to sell - it represented a major long-term resistance level. Even if tagged, a pullback was likely to ensue eventually.But Musk hasn't been playing by conventional rules lately. $260 was the target? He just mashed the accelerator and blew ri
      4.01K1
      Report
      Resetting Tesla's Q4 Trading Range, $240 No Longer a High Strike
    • OptionsDeltaOptionsDelta
      ·10-25 00:27

      Tesla: Next Week's Target $260

      $Tesla (TSLA)$Following earnings, institutions rolled their Tesla covered call positions higher:Sell $TSLA 20241101 262.5 CALL$ Buy $TSLA 20241101 282.5 CALL$ Given Tesla's history of volatile moves, I conservatively sold the $250 calls last week against my stock holdings - matching the short call strike of the institutional covered call trade as a hedge. This cautious approach paid off as shares pushed through $250.But now with stock potentially being called away, what's the best course for next week's positioning?Based on the new $262.5/$282.5 call spread, dealers seem to be pricing a likely move to $260 for
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      Tesla: Next Week's Target $260
    • EliteOptionsTraderEliteOptionsTrader
      ·10-24 22:54

      OptIon Strategies: .SPX, TSLA& MSTR

      Hello everyone! Today i want to share some option strategies with you!1.Premarket TRADE PLAN ✅ $.SPX(.SPX)$ almost fully recovered from yesterdays sell off. SPX above 5848 can test 5872. Calls can work above 5848 over the next 2 days $Tesla Motors(TSLA)$ up 30+ after earnings..TSLA above 244 can run to 252,259. Calls can work above 244 $MicroStrategy(MSTR)$ if this can close above 224 we can see 248-252 in the next 3 weeks. Calls can work above 220 as a lotto today2. $Tesla Motors(TSLA)$ strong move higher.. broke above that 244 resistance.. TSLA through 252 can run to 265+. Calls can work as long as 244 holds today ✅
      413Comment
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      OptIon Strategies: .SPX, TSLA& MSTR
    • OptionsDeltaOptionsDelta
      ·10-24 03:03

      Preparing Covered Calls for the Election Buffer Period

      $Nvidia (NVDA)$The pullback to the $140 area is nothing major, just a normal retracement.There was even a notable covered call roll into higher strikes: $NVDA 20241220 170.0 CALL$ Since this $170 call trade printed as a "sell", it's another case of differing interpretations.Looking at this trader's prior roll from October's $135 strikes to November $155 calls, I'm inclined to view this latest trade as maintaining their spread strategy by closing the $155 calls and rolling up to the $170 strikes for December expiration.Of course, if you interpret it as an outright $170 call sale, that's fine too - just be sure to hold stock against any short call positions.The pullback does prese
      2.64K1
      Report
      Preparing Covered Calls for the Election Buffer Period
    • EliteOptionsTraderEliteOptionsTrader
      ·10-23 19:26

      Option Strategies: .SPX, META& NVDA

      Hello everyone! Today i want to share some option strategies with you!1.TRADE PLAN for Wednesday 📈 $.SPX(.SPX)$ consolidation week so far for SPX above 5800. SPX dip bought up past 2 days. If SPX can get through 5872 by tomorrow we can see 59005890C is best above 5872 $Meta Platforms, Inc.(META)$ gaining momentum after reclaiming 579.. META to 600 in play before earnings next week585C is best above 579 $NVIDIA Corp(NVDA)$ keep an eye on 145 over the next 3 days. NVDA through 145 can run pop up to 148-150145C can work above 144Follow me to learn more about analysis!!
      585Comment
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      Option Strategies: .SPX, META& NVDA
    • Selling For PremiumSelling For Premium
      ·10-23

      Option Strategies: BA& TSLA

      Hello everyone! Today i want to share some option strategies with you!1.Everyone and their mom is probably playing $Tesla Motors(TSLA)$ for earnings tomorrow. Count us in too! We want shares, but also don't want to miss out on any potential upside. Trades on our radar:- Sell a put in the 170-180 strike range (with 185 as an aggressive play) to pick up shares to go long- Buy a 230/235 call credit spread, and possibly ratio it by selling more call contracts around the 260 strike Expected move is 6.5%, but let's be honest ... TSLA is likely to experience a larger-than-expected move. Downside target to the low 200s and upside target above 230 (subject to change based on price action tomorrow).Upside gap at 232. Strong volume support around 175, with a
      511Comment
      Report
      Option Strategies: BA& TSLA
    • OptionsDeltaOptionsDelta
      ·10-22
      $Nvidia (NVDA)$On Monday, call option opening volumes for Nvidia significantly outpaced put volumes across the board.Ranked by open interest:The $150 calls expiring this week had 157,400 contracts outstanding, with 31,000 new openings on Monday.The $142 calls expiring this week had 130,000 contracts open, with 4,569 new openings.The $148 calls expiring this week had 113,800 contracts open, with 13,800 new openings.The $145 calls expiring this week had 71,700 contracts open, with 22,600 new openings.The $140 calls, now in-the-money, saw open interest decline to 59,200 contracts as 12,000 contracts were closed out - likely due to the ramp above $140 leaving sellers defensively closing.This dynamic has me considering selling $140 puts (
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    • EliteOptionsTraderEliteOptionsTrader
      ·10-22

      Option Strategies: .SPX, NVDA& META

      Hello everyone! Today i want to share some option strategies with you!1.TRADE PLAN for Tuesday 📈 $.SPX(.SPX)$ consolidation day under 5872 again today. SPX through 5872 this week can run to 5900 quickly. I'd wait for 5872 for calls $NVIDIA Corp(NVDA)$ breakout above 140 today. NVDA to 148 in play by Friday.NVDA 147C can work above 144 $Meta Platforms, Inc.(META)$ almost ready for a move higher to 600+. META lets see if it can reclaim 579 first585C is best above 579Follow me to learn more about analysis!!
      1.10KComment
      Report
      Option Strategies: .SPX, NVDA& META
    • OptionsDeltaOptionsDelta
      ·10-21

      This Week's Covered Call Rolls: $NVDA, $TSLA, $COIN, $MSTR$

      An overview of institutional covered call rolls for the new week:$Nvidia (NVDA)$Sell $NVDA 20241025 142.0 CALL$ Buy $NVDA 20241025 148.0 CALL$ Institutions closed out the $138 and $145 strikes while opening the $142 and $148 calls. The higher strikes signal continued bullish sentiment on Nvidia this week.However, there are three call strikes with over 100,000 contracts of open interest expiring this week: $142, $148, and $150. Plus $140 still has 71,000 open after last week's rally attempt.So while a push through $142 seems manageable, capping gains below that strike like last week could prove challenging for
      4.02K2
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      This Week's Covered Call Rolls: $NVDA, $TSLA, $COIN, $MSTR$
    • EliteOptionsTraderEliteOptionsTrader
      ·10-21

      Option Strategies: NVDA, .SPX& COIN

      Hello everyone! Today i want to share some option strategies with you!1. $.SPX(.SPX)$ 6000 incoming by next month. 6000 is a massive psychological resistance level because of the big round number. If SPX can break above 5900 we can see 6000 within 2 weeks. SPX through 6000 can run another 200-225 points this year. I'd stay bullish as long as 5800 holds leading into The election in early November.📈 Bullish Trade Plan - Above 5872 - Oct 23 5900C - Target 5900 📉 Bearish Trade Plan - Under 5831 - Oct 23 5800P - Target 58002. $Coinbase Global, Inc.(COIN)$ Trade Idea: Oct 25th 230C 💡Trigger: Above 216 📈Target: 238 🎯Stop: 210 🛑Closed at 220.21. COIN broke out above 200 last week and closed at 220 on Friday. IF C
      199Comment
      Report
      Option Strategies: NVDA, .SPX& COIN
    • Selling For PremiumSelling For Premium
      ·10-21

      Option Strategies: SOFI& CELH

      Hello everyone! Today i want to share some option strategies with you!1. $Celsius Holdings, Inc.(CELH)$ has earnings coming up in a few weeks, which means we still got a few weeks to sell puts without a major catalyst happening.Trade idea:- sell a put in the 28-30.5 strike range, with 31 or 31.5 as the absolute upper bound (if we want assignment)- target weekly expirationPoints to consider:- gap at the 30.50 level- 28 is the bottom and it looks like that will hold based on recent price action- price action trading flat in the 31-35 range, with a strong volume cluster supporting this range- not a lot of volume resistance up to 38 and then 40- some well-known fintwit technical chartists are saying CELH is setting up for a move higher (maybe earnings
      1.47KComment
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      Option Strategies: SOFI& CELH
    • OptionsDeltaOptionsDelta
      ·10-18
      $Nvidia (NVDA)$Based on Thursday's options flows, it's clear that Taiwan Semiconductor's earnings had a more pronounced impact on expectations for $Nvidia (NVDA)$.Call opening volumes were staggering, reflecting fairly bullish sentiment that could extend into year-end.Two key trades stood out: a bullish call spread and outright call selling:Buy $NVDA 20241220 180.0 CALL$ , total volume 98,500 contractsSell $NVDA 20241220 190.0 CALL$ , total volume 92,900 contractsAndSell $NVDA 20250117 170.0 CALL$ ,
      4.92K3
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    • EliteOptionsTraderEliteOptionsTrader
      ·10-18

      Option Strategies: .SPX, NVDA& MSTR

      Hello everyone! Today i want to share some option strategies with you!!1.TRADE PLAN for LOTTO Friday ✅ $.SPX(.SPX)$ consolidation day after failing to get through 5872 at the open. SPX can trade in a range again from 5800-5872. SPX 5872 now a breakout level for a run to 6000 $NVIDIA Corp(NVDA)$ rejected at 140 but held up today. The next time we see NVDA break above 140 we can see 148-150. I'd wait for 140 for calls $MicroStrategy(MSTR)$ keep a close eye on 200 over the next 2 weeks. MSTR through 200 again can run another 15-20 ptsFollow me to learn more about analysis!!https://x.com/EliteOptions2
      761Comment
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      Option Strategies: .SPX, NVDA& MSTR
    • Selling For PremiumSelling For Premium
      ·10-18

      Option Strategies: HOOD, TSLA, AMD& NFLX

      Hello everyone! Today i want to share some option strategies with you!1.Taking a last-minute pre-earnings optionselling trade on $Netflix(NFLX)$ . - Sold the Oct 18 exp 620 strike put620 is at the 200EMA. Supposedly there is a strong put wall around 650. 2.Took a trade on $Advanced Micro Devices(AMD)$ ... bought the Nov 15 exp 180 strike call. Playing this through earnings on the assumption that AMD does well based on what we saw out of the MU and TSM reports.Also, sold the 149 put strike for next week (Oct 25 exp).3. $Robinhood(HOOD)$ and $Tesla Motors(TSLA)$ should have just taken the week off and gone on vacation toget
      497Comment
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      Option Strategies: HOOD, TSLA, AMD& NFLX
    • EliteOptionsTraderEliteOptionsTrader
      ·10-17

      Option Strategies: NVDA, .SPX& AVGO

      Hello everyone! Today i want to share some option strategies with yoy!1. $NVIDIA Corp(NVDA)$ testing 140 now.. setting up for 148 in the next few weeks if it can close above 140 on a daily candle.. Price action strong here $.SPX(.SPX)$ profit takers at the open.. dip bought up so far.. watch 5872.. needs to get through here to test 5900 next $Broadcom(AVGO)$ almost at 185.. 200 in play by next monthFollow me to learn more about analysis!!https://x.com/EliteOptions2/status/1846912401142436339
      459Comment
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      Option Strategies: NVDA, .SPX& AVGO
    • Selling For PremiumSelling For Premium
      ·10-17

      Option Strategies: TSM

      Hello everyone! Today i want to share some option strategies with you!1. $Taiwan Semiconductor Manufacturing(TSM)$ has earnings on Thursday, Oct. 17 before market open. Pegs expected move at ~5%.Our trades: - Sell (write) puts in the 165 to 170 strike range. Oct 18th or 25th expiration. - Buy a 200/205 call spread Oct 18 exp as a lotto bet to capture upside if TSM pumps for earnings (strikes subject to change based on today's price action)TSM is high on our long-term buy list considering the fact that they own a big share of their market and stand to benefit greatly from the growth of technology and usage of semiconductors in many use cases (most notably AI). Also, they recently reported solid revenue and their fundamentals look good based on Quant
      153Comment
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      Option Strategies: TSM
    • OptionsDeltaOptionsDelta
      ·10-16

      Impact of ASML's Drop on $Nvidia (NVDA)$

      The short answer: ASML's decline doesn't seem to be impacting Nvidia, at least based on current options positioning.$Nvidia (NVDA)$In theory, ASML's sell-off should spark further pullback in Nvidia, but options flows suggest otherwise.On Tuesday, both call and put openings were fairly normal - no aggressive lower strikes on the upside, nor any gapping put openings from outright bears.Key institutional flows included:The "Billion Dollar Man" rolling his $NVDA 20241220 125.0 CALL$  position higherAn unknown institution rolling their $NVDA 20241220 130.0 CALL$  upAnother spread trade in
      4.06KComment
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      Impact of ASML's Drop on $Nvidia (NVDA)$
    • EliteOptionsTraderEliteOptionsTrader
      ·10-16

      Option Strategies: .SPX, NVDA& COIN

      Hello everyone! Today i want to share some option strategies with you!1.Premarket TRADE PLAN 📈 $.SPX(.SPX)$ back above 5831 will set up for 5877,5900. Possible we see one more day of consolidation if SPX stays under 5831 $NVIDIA Corp(NVDA)$ gapping up 1.. NVDA much more bullish if it moves back near 136. It'll set up for 140 again if it can reclaim 136 $Coinbase Global, Inc.(COIN)$ to 215-220 in play need to defend 200 on this gap up. #bitcoin to 74k in play in the next 2 weeksFollow me to learn more about analysis!!https://x.com/EliteOptions2/status/1846536586969993464
      280Comment
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      Option Strategies: .SPX, NVDA& COIN
    • Selling For PremiumSelling For Premium
      ·10-16

      Option Strategies: TSLA& HIMS

      Hello everyone! Today i want to share some option strategies with you!1.Sold puts on $Tesla Motors(TSLA)$ - Oct 18 expiration 200 strike. Sold below the 200EMA level and will roll up the strike to capture more premium depending on how TSLA price action trades the remainder of this week.2.Okay $Hims & Hers Health Inc.(HIMS)$ ... took your own medication the past few days (and especially today) didn't ya ⁉️⁉️😉😉Gonna buy-to-close out some puts and wait for the meds to wear off ... and then re-enter by writing puts again.Follow me to learn more about analysis!!https://x.com/Selling4Premium
      988Comment
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      Option Strategies: TSLA& HIMS
    • OptionsDeltaOptionsDelta
      ·10-16

      The Whale Rolls and Buys 160,000 $125 Nvidia Calls

      $Nvidia (NVDA)$ASML pre-announced disappointing Q3 results, with orders down 50%, sending semiconductor stocks tumbling. However, ASML's CEO noted: "Other end markets will take longer to recover, while AI continues to show strong development and upside potential."Nvidia dropped 5%, which is fairly contained considering the recent run-up. The key upcoming catalyst is Taiwan Semi's earnings guidance on the 17th.In a surprise move ahead of earnings, the "Million Dollar Man" decided to roll his position higher, keeping the same December expiry but rolling the $110 calls ($NVDA 20241220 110.0 CALL$ ) up to the $125 strikes (
      3.21K2
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      The Whale Rolls and Buys 160,000 $125 Nvidia Calls
    • OptionsDeltaOptionsDelta
      ·10-25 22:25

      Resetting Tesla's Q4 Trading Range, $240 No Longer a High Strike

      $Tesla (TSLA)$ Waking up to see the stock price today left me dumbfounded - I thought we were targeting $260 for next week? How did it get there in a single day?No issue being wrong on my prediction, ramps like this are music to bullish ears. I mainly feel for the funds who sold those $262.5 calls as part of a covered call position and got blown through. Based on Thursday's trend, it seems highly unlikely Tesla stays below $262 next week.To be fair, the $262.5 strike wasn't an unreasonable one for institutions to sell - it represented a major long-term resistance level. Even if tagged, a pullback was likely to ensue eventually.But Musk hasn't been playing by conventional rules lately. $260 was the target? He just mashed the accelerator and blew ri
      4.01K1
      Report
      Resetting Tesla's Q4 Trading Range, $240 No Longer a High Strike
    • OptionsDeltaOptionsDelta
      ·10-25 00:27

      Tesla: Next Week's Target $260

      $Tesla (TSLA)$Following earnings, institutions rolled their Tesla covered call positions higher:Sell $TSLA 20241101 262.5 CALL$ Buy $TSLA 20241101 282.5 CALL$ Given Tesla's history of volatile moves, I conservatively sold the $250 calls last week against my stock holdings - matching the short call strike of the institutional covered call trade as a hedge. This cautious approach paid off as shares pushed through $250.But now with stock potentially being called away, what's the best course for next week's positioning?Based on the new $262.5/$282.5 call spread, dealers seem to be pricing a likely move to $260 for
      3.30K2
      Report
      Tesla: Next Week's Target $260
    • OptionsDeltaOptionsDelta
      ·10-24 03:03

      Preparing Covered Calls for the Election Buffer Period

      $Nvidia (NVDA)$The pullback to the $140 area is nothing major, just a normal retracement.There was even a notable covered call roll into higher strikes: $NVDA 20241220 170.0 CALL$ Since this $170 call trade printed as a "sell", it's another case of differing interpretations.Looking at this trader's prior roll from October's $135 strikes to November $155 calls, I'm inclined to view this latest trade as maintaining their spread strategy by closing the $155 calls and rolling up to the $170 strikes for December expiration.Of course, if you interpret it as an outright $170 call sale, that's fine too - just be sure to hold stock against any short call positions.The pullback does prese
      2.64K1
      Report
      Preparing Covered Calls for the Election Buffer Period
    • EliteOptionsTraderEliteOptionsTrader
      ·10-24 22:54

      OptIon Strategies: .SPX, TSLA& MSTR

      Hello everyone! Today i want to share some option strategies with you!1.Premarket TRADE PLAN ✅ $.SPX(.SPX)$ almost fully recovered from yesterdays sell off. SPX above 5848 can test 5872. Calls can work above 5848 over the next 2 days $Tesla Motors(TSLA)$ up 30+ after earnings..TSLA above 244 can run to 252,259. Calls can work above 244 $MicroStrategy(MSTR)$ if this can close above 224 we can see 248-252 in the next 3 weeks. Calls can work above 220 as a lotto today2. $Tesla Motors(TSLA)$ strong move higher.. broke above that 244 resistance.. TSLA through 252 can run to 265+. Calls can work as long as 244 holds today ✅
      413Comment
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      OptIon Strategies: .SPX, TSLA& MSTR
    • OptionsDeltaOptionsDelta
      ·10-22
      $Nvidia (NVDA)$On Monday, call option opening volumes for Nvidia significantly outpaced put volumes across the board.Ranked by open interest:The $150 calls expiring this week had 157,400 contracts outstanding, with 31,000 new openings on Monday.The $142 calls expiring this week had 130,000 contracts open, with 4,569 new openings.The $148 calls expiring this week had 113,800 contracts open, with 13,800 new openings.The $145 calls expiring this week had 71,700 contracts open, with 22,600 new openings.The $140 calls, now in-the-money, saw open interest decline to 59,200 contracts as 12,000 contracts were closed out - likely due to the ramp above $140 leaving sellers defensively closing.This dynamic has me considering selling $140 puts (
      3.78K2
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    • OptionsDeltaOptionsDelta
      ·10-21

      This Week's Covered Call Rolls: $NVDA, $TSLA, $COIN, $MSTR$

      An overview of institutional covered call rolls for the new week:$Nvidia (NVDA)$Sell $NVDA 20241025 142.0 CALL$ Buy $NVDA 20241025 148.0 CALL$ Institutions closed out the $138 and $145 strikes while opening the $142 and $148 calls. The higher strikes signal continued bullish sentiment on Nvidia this week.However, there are three call strikes with over 100,000 contracts of open interest expiring this week: $142, $148, and $150. Plus $140 still has 71,000 open after last week's rally attempt.So while a push through $142 seems manageable, capping gains below that strike like last week could prove challenging for
      4.02K2
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      This Week's Covered Call Rolls: $NVDA, $TSLA, $COIN, $MSTR$
    • Selling For PremiumSelling For Premium
      ·10-23

      Option Strategies: BA& TSLA

      Hello everyone! Today i want to share some option strategies with you!1.Everyone and their mom is probably playing $Tesla Motors(TSLA)$ for earnings tomorrow. Count us in too! We want shares, but also don't want to miss out on any potential upside. Trades on our radar:- Sell a put in the 170-180 strike range (with 185 as an aggressive play) to pick up shares to go long- Buy a 230/235 call credit spread, and possibly ratio it by selling more call contracts around the 260 strike Expected move is 6.5%, but let's be honest ... TSLA is likely to experience a larger-than-expected move. Downside target to the low 200s and upside target above 230 (subject to change based on price action tomorrow).Upside gap at 232. Strong volume support around 175, with a
      511Comment
      Report
      Option Strategies: BA& TSLA
    • EliteOptionsTraderEliteOptionsTrader
      ·10-23 19:26

      Option Strategies: .SPX, META& NVDA

      Hello everyone! Today i want to share some option strategies with you!1.TRADE PLAN for Wednesday 📈 $.SPX(.SPX)$ consolidation week so far for SPX above 5800. SPX dip bought up past 2 days. If SPX can get through 5872 by tomorrow we can see 59005890C is best above 5872 $Meta Platforms, Inc.(META)$ gaining momentum after reclaiming 579.. META to 600 in play before earnings next week585C is best above 579 $NVIDIA Corp(NVDA)$ keep an eye on 145 over the next 3 days. NVDA through 145 can run pop up to 148-150145C can work above 144Follow me to learn more about analysis!!
      585Comment
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      Option Strategies: .SPX, META& NVDA
    • EliteOptionsTraderEliteOptionsTrader
      ·10-22

      Option Strategies: .SPX, NVDA& META

      Hello everyone! Today i want to share some option strategies with you!1.TRADE PLAN for Tuesday 📈 $.SPX(.SPX)$ consolidation day under 5872 again today. SPX through 5872 this week can run to 5900 quickly. I'd wait for 5872 for calls $NVIDIA Corp(NVDA)$ breakout above 140 today. NVDA to 148 in play by Friday.NVDA 147C can work above 144 $Meta Platforms, Inc.(META)$ almost ready for a move higher to 600+. META lets see if it can reclaim 579 first585C is best above 579Follow me to learn more about analysis!!
      1.10KComment
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      Option Strategies: .SPX, NVDA& META
    • Selling For PremiumSelling For Premium
      ·10-21

      Option Strategies: SOFI& CELH

      Hello everyone! Today i want to share some option strategies with you!1. $Celsius Holdings, Inc.(CELH)$ has earnings coming up in a few weeks, which means we still got a few weeks to sell puts without a major catalyst happening.Trade idea:- sell a put in the 28-30.5 strike range, with 31 or 31.5 as the absolute upper bound (if we want assignment)- target weekly expirationPoints to consider:- gap at the 30.50 level- 28 is the bottom and it looks like that will hold based on recent price action- price action trading flat in the 31-35 range, with a strong volume cluster supporting this range- not a lot of volume resistance up to 38 and then 40- some well-known fintwit technical chartists are saying CELH is setting up for a move higher (maybe earnings
      1.47KComment
      Report
      Option Strategies: SOFI& CELH
    • EliteOptionsTraderEliteOptionsTrader
      ·10-21

      Option Strategies: NVDA, .SPX& COIN

      Hello everyone! Today i want to share some option strategies with you!1. $.SPX(.SPX)$ 6000 incoming by next month. 6000 is a massive psychological resistance level because of the big round number. If SPX can break above 5900 we can see 6000 within 2 weeks. SPX through 6000 can run another 200-225 points this year. I'd stay bullish as long as 5800 holds leading into The election in early November.📈 Bullish Trade Plan - Above 5872 - Oct 23 5900C - Target 5900 📉 Bearish Trade Plan - Under 5831 - Oct 23 5800P - Target 58002. $Coinbase Global, Inc.(COIN)$ Trade Idea: Oct 25th 230C 💡Trigger: Above 216 📈Target: 238 🎯Stop: 210 🛑Closed at 220.21. COIN broke out above 200 last week and closed at 220 on Friday. IF C
      199Comment
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      Option Strategies: NVDA, .SPX& COIN
    • OptionsDeltaOptionsDelta
      ·10-16

      The Whale Rolls and Buys 160,000 $125 Nvidia Calls

      $Nvidia (NVDA)$ASML pre-announced disappointing Q3 results, with orders down 50%, sending semiconductor stocks tumbling. However, ASML's CEO noted: "Other end markets will take longer to recover, while AI continues to show strong development and upside potential."Nvidia dropped 5%, which is fairly contained considering the recent run-up. The key upcoming catalyst is Taiwan Semi's earnings guidance on the 17th.In a surprise move ahead of earnings, the "Million Dollar Man" decided to roll his position higher, keeping the same December expiry but rolling the $110 calls ($NVDA 20241220 110.0 CALL$ ) up to the $125 strikes (
      3.21K2
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      The Whale Rolls and Buys 160,000 $125 Nvidia Calls
    • OptionsDeltaOptionsDelta
      ·10-12

      Mysterious retail whale bets over $100 million on continued Nvidia upside

      On Thursday, $Nvidia (NVDA)$ call options saw an explosion in opening activity, with 16 different strikes seeing over 10,000 contracts traded.Two key expirations stood out:The largest trade was a 41,000 contract opening buy in the December 20th $110 calls, likely an add-on to the "Million Dollar Man's" existing position.A massive purchase across the March 21, 2025 upside strike chain, focusing on far out-of-the-money calls.Let's analyze whether these enormous trades signal continued bullishness on Nvidia.$NVDA 20241220 110.0 CALL$ Regular readers will be familiar with the "Million Dollar Man" who rolled his calls up to the December $120/$110 call spread back on August 30th, open
      3.42K3
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      Mysterious retail whale bets over $100 million on continued Nvidia upside
    • OptionsDeltaOptionsDelta
      ·10-16

      Impact of ASML's Drop on $Nvidia (NVDA)$

      The short answer: ASML's decline doesn't seem to be impacting Nvidia, at least based on current options positioning.$Nvidia (NVDA)$In theory, ASML's sell-off should spark further pullback in Nvidia, but options flows suggest otherwise.On Tuesday, both call and put openings were fairly normal - no aggressive lower strikes on the upside, nor any gapping put openings from outright bears.Key institutional flows included:The "Billion Dollar Man" rolling his $NVDA 20241220 125.0 CALL$  position higherAn unknown institution rolling their $NVDA 20241220 130.0 CALL$  upAnother spread trade in
      4.06KComment
      Report
      Impact of ASML's Drop on $Nvidia (NVDA)$
    • OptionsDeltaOptionsDelta
      ·10-18
      $Nvidia (NVDA)$Based on Thursday's options flows, it's clear that Taiwan Semiconductor's earnings had a more pronounced impact on expectations for $Nvidia (NVDA)$.Call opening volumes were staggering, reflecting fairly bullish sentiment that could extend into year-end.Two key trades stood out: a bullish call spread and outright call selling:Buy $NVDA 20241220 180.0 CALL$ , total volume 98,500 contractsSell $NVDA 20241220 190.0 CALL$ , total volume 92,900 contractsAndSell $NVDA 20250117 170.0 CALL$ ,
      4.92K3
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    • OptionsDeltaOptionsDelta
      ·10-08

      Bulls and bears will fiercely battle it out in Chinese stocks this week.

      As usual, will look to do call/put sell spreads - for Nvidia: Sell $NVDA 20241011 115.0 PUT$  + Sell $NVDA 20241011 130.0 CALL$ . For Tesla: Sell $TSLA 20241011 220.0 PUT$  + Sell $TSLA 20241011 270.0 CALL$ .Last Friday's strong non-farm payrolls suggests the economy remains solid, supporting further upside in equities.While Nvidia is showing signs of breaking above $130, and $131 is very viable, I expect a pullback before Friday.The relentless stock strength is also boosted by institutions aggressively selling cover
      3.50K1
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      Bulls and bears will fiercely battle it out in Chinese stocks this week.
    • OptionsDeltaOptionsDelta
      ·10-14

      100,000 Call Option Bet on $SPY to 615

      As earnings season kicks off, players are making their bets.Last week, we discussed the wealthy retail trader who went massively long Nvidia calls. On the very same day, an institution opened a huge upside position in the $S&P 500 ETF ($SPY)$:$SPY 20241220 615.0 CALL$  - 100,000 contracts traded for $32.5 million in premium.For context, index options see more muted moves compared to single stocks, so large flows typically involve spreads and hedges rather than outright directional bets.An outright 100,000 contract call purchase of this magnitude is quite unusual.And the block-size confirms this as an institutional order rather than a retail trade.Friends, I won't mince words - the driver has his foot on the accelerato
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      100,000 Call Option Bet on $SPY to 615
    • OptionsDeltaOptionsDelta
      ·10-10
      The large $40 call position in the 3x leveraged Direxion China Bull ETF ($YINN 20260116 40.0 CALL$ ) that we discussed on October 3rd was closed out yesterday.While 2026 expiries don't necessarily require such urgency to exit, this trader made two crucial mistakes compared to other large option players, leaving them with little choice but to close:Failure to take profits by rolling the position.The inherent deleveraging risk in 3x leveraged ETFs.We've repeatedly stressed the importance of rolling one-sided directional bets to lock in profits and re-load for further upside. Institutions will often roll profitable call positions to higher strikes, preserving capital while redeploying profits to stay exposed. This removes an
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    • OptionsDeltaOptionsDelta
      ·10-11

      Who are the whales buying massive Nvidia call options?

      One of the most jaw-dropping option flows on $Nvidia (NVDA)$ this year.After scanning the options activity, I almost choked on my water. An unknown trader went on an outright buying spree of Nvidia calls expiring March 21, 2025, across strikes ranging from $181 ($NVDA 20250321 181.0 CALL$ ) all the way up to $189 ($NVDA 20250321 189.0 CALL$ ). Single-leg buys, with trade values starting from millions per strike.The volume data suggests even larger trade sizes, with at least 10,000 contracts purchased per strike. The total size is questionable as it doesn't seem to reconcile with real-time trading data. We'll n
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      Who are the whales buying massive Nvidia call options?
    • OptionsDeltaOptionsDelta
      ·10-09
      $Nvidia (NVDA)$Institutions took some pain in rolling their covered call position higher, likely re-evaluating last week's strikes after the unexpected rally:Bought $NVDA 20241018 145.0 CALL$ Sold $NVDA 20241018 138.0 CALL$ This widens the strike range, setting next week's upside target around $140. Can consider selling calls around those levels for next week.I actually hope institutions keep being this aggressive with their rolls - it would allow Nvidia to keep rallying week after week.What caught my eye was a large at-the-money put buying flow in $STMicroelectronics (STM
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