It's a big week of Mega cap earnings. I noticed a pattern from NFLX 2 weeks ago, TSLA last week and GOOGL last night earnings. Price action hit +3ATR above SMA20. I would expect this pattern to continue for MSFT & META tonight and for AMZN & AAPL on Thursday. However, since the long entry point was a much better setup heading into NFLX, TSLA & GOOGL earnings. There's limited up side left for MSFT, META, AMZN & AAPL now that the market has run up.
MSFT earnings 10/30 @ 4:10pm
+3ATR resistance = 446
SMA20 = 421
-3ATR support = 396
MSFT 11/1 options data
Put Volume Total 24,163
Call Volume Total 43,342
Put/Call Volume Ratio 0.56
Put Open Interest Total 64,014
Call Open Interest Total 84,645
Put/Call Open Interest Ratio 0.76
META earnings 10/30 @ 4:05pm
+3ATR resistance = 627
SMA20 = 584
-3ATR support = 539
META 11/1 options data
Put Volume Total 42,585
Call Volume Total 59,067
Put/Call Volume Ratio 0.72
Put Open Interest Total 72,228
Call Open Interest Total 94,163
Put/Call Open Interest Ratio 0.77
AMZN earnings 10/31 @ 4pm
+3ATR resistance = 201
SMA20 = 187
-3ATR support = 173
AMZN 11/1 options data
Put Volume Total 26,605
Call Volume Total 53,410
Put/Call Volume Ratio 0.50
Put Open Interest Total 94,319
Call Open Interest Total 182,861
Put/Call Open Interest Ratio 0.52
AAPL earnings 10/31 @ 4:30pm
+3ATR resistance = 245
SMA20 = 230
-3ATR support = 216
AAPL 11/1 options data
Put Volume Total 51,280
Call Volume Total 69,848
Put/Call Volume Ratio 0.73
Put Open Interest Total 124,160
Call Open Interest Total 174,506
Put/Call Open Interest Ratio 0.71
MSFT earnings 10/30 @ 4:10pm
+3ATR resistance = 446
SMA20 = 421
-3ATR support = 396
MSFT 11/1 options data
Put Volume Total 24,163
Call Volume Total 43,342
Put/Call Volume Ratio 0.56
Put Open Interest Total 64,014
Call Open Interest Total 84,645
Put/Call Open Interest Ratio 0.76
META earnings 10/30 @ 4:05pm
+3ATR resistance = 627
SMA20 = 584
-3ATR support = 539
META 11/1 options data
Put Volume Total 42,585
Call Volume Total 59,067
Put/Call Volume Ratio 0.72
Put Open Interest Total 72,228
Call Open Interest Total 94,163
Put/Call Open Interest Ratio 0.77
AMZN earnings 10/31 @ 4pm
+3ATR resistance = 201
SMA20 = 187
-3ATR support = 173
AMZN 11/1 options data
Put Volume Total 26,605
Call Volume Total 53,410
Put/Call Volume Ratio 0.50
Put Open Interest Total 94,319
Call Open Interest Total 182,861
Put/Call Open Interest Ratio 0.52
AAPL earnings 10/31 @ 4:30pm
+3ATR resistance = 245
SMA20 = 230
-3ATR support = 216
AAPL 11/1 options data
Put Volume Total 51,280
Call Volume Total 69,848
Put/Call Volume Ratio 0.73
Put Open Interest Total 124,160
Call Open Interest Total 174,506
Put/Call Open Interest Ratio 0.71
Note
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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.