Stupid options contract volume on puts to 2k. 47,000 volume with only 711 open interest yesterday.
Indicators show the reversal forming but have not flashed confidence yet. The volume does not match on the call side, this seems heavily favored in one direction
Fibs show room down, lack of support for key levels from here to 10.
Ultra low priced contracts with massive liquidity in an otherwise low liquidity options chain.
My P target is TEN (see what I did there)
Not trading advice.
Indicators show the reversal forming but have not flashed confidence yet. The volume does not match on the call side, this seems heavily favored in one direction
Fibs show room down, lack of support for key levels from here to 10.
Ultra low priced contracts with massive liquidity in an otherwise low liquidity options chain.
My P target is TEN (see what I did there)
Not trading advice.
Note
that was fun. gg
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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.