Price us tight. Using options flow opened this week, I have a bear bias. Today, they opened 6/24 calls to hedge for the upside we will see tomorrow (gap up)
Purple zone was created from the locations of put blocks and call blocks.
Also, IC at this level.
I want to take July puts in this zone.
A break above, over the top purple level, we stop.
Purple zone was created from the locations of put blocks and call blocks.
Also, IC at this level.
I want to take July puts in this zone.
A break above, over the top purple level, we stop.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.