(not financial advice)
BB SG Read - Bullish Neutral
- Call total - 19.883% increase (5/31 - 6/02) (A larger call position infers more bullish activity.)
- Put total - 17.9541% increase (5/31 - 6/02)
- Total Gamma - 4.04373% decrease (5/31 - 6/02) ) (A negative gamma position implies higher volatility in the underlying stock.)
- Total Delta - 88.8684% decrease (5/31 - 6/02) (A negative delta position implies dealers have a net short hedge. When a large net delta position expires, options market makers may have large hedges to unwind.)
- Hedge Wall unchanged (5/31 - 6/02)
- Upper Hedging Band unchanged (5/31 - 6/02)
- Key Gamma Strike increased to 12 (5/31 - 6/02) (This strike can be considered a support or resistance line for the stock.)
- Key Delta Strike unchanged
- Top call and put OI unchanged
- 34% of gamma expires 6/04 (When a large amount of gamma expires (generally >25%) then the underlying stock may shift away from current prices.)
- 22.7% of felta expires 6/18 (When a large amount of delta expires (generally >25%) then the underlying stock may reverse its previous trend.)
https://preview.redd.it/9m5ir4ejzw271.png?width=6810&format=png&auto=webp&s=a26789d6e0ebdc50c03d134dbe810b6e6beb2cf9
Volume
- Getting close to 12/20 highs
https://preview.redd.it/svcqpvs03x271.png?width=1754&format=png&auto=webp&s=996aa73950be06f8ed743ef0e695b6e190217846
Shorts are still here
https://preview.redd.it/js1wxmuy5x271.png?width=1988&format=png&auto=webp&s=c780b7368c43818000a46db274c108e430e9cba6
TA Notes:
From 🚀 BB to the 🌝 BABY 🚀 post
https://preview.redd.it/nwlfm0356x271.png?width=2998&format=png&auto=webp&s=5a12186ed90b69da2013220f7e367227a3a89fbc
Updated with today's price action
https://preview.redd.it/xmtzay0o7x271.png?width=7094&format=png&auto=webp&s=bfdc9d4f4756a01a73646de1890f889bea003822
New Chart with updated 🎯s
- Short term support @ 15.26 - 14.60
- Major support @ 13.70 - 12.83
- Resistance @ 15.96 - 16.66
- Bullish 🎯 - 18.32 - 18.76 - 20.79 - 24.30 - 25.48+
- Bearish 🎯 - 12.04 - 11.24 - 10.45 - 9.47
https://preview.redd.it/0rkl3z08bx271.png?width=7094&format=png&auto=webp&s=c9f6583fb660af5144a630a3a78f455f074ca997
1day OBV
- Broke feb highs
https://preview.redd.it/z8z5a9abdx271.png?width=7094&format=png&auto=webp&s=1d4aee040bac2dcf3e7cda905b498eabbeca05a7
1day RSI
- obv oversold but still has room to run to 1/27 highs
https://preview.redd.it/oqpf8wvrdx271.png?width=7094&format=png&auto=webp&s=285dd571cba5a667240625354bcf289e2f4e4033
65m RSI
- Bulls need - 80.54 - 86.29 - 96.57
- Bears need - 61.53 - 52.46 - <50
https://preview.redd.it/uhiat3bsex271.png?width=7094&format=png&auto=webp&s=2da75e370e793cf5999900ea6d4e0dec784d418a
Thanks for reading,
NightMan
(not financial advice)