VRM another 20.5K Calls in the Options Chain !!After a block o 35K calls on April 21, today VRM has another 20.5K calls expiring on the same date, May 20, same strike price, $2.5.
They paid a premium of over $200K for the calls.
The chart is full of bullish divergences and the stock is undervalued.
I think the earnings (in 4 days) will deliver a surprise and the stock will bounce to $3!
The stock is now $1.42, a rare buy opportunity in my opinion!
Looking forward to read your opinion about it.
Options
BUY Opportunity on DE40Good chance here to make some money
Always play safe, take no more than 2% risk per trade.
Price will hit TP (14241)
Cheers
Short and Long Iron Condor SPX 05 May 2022We can estimate with a 84% confidence that the volatility for today is going to be below 1.65%
For this the market will stay within
TOP 4371
BOT 4230
At the same time We can estimate with a 86% confidence that the volatility for today is going move more than
0.4% based on the last 5658 Daily candles.
For this the market will stay above the
TOP 4306
BOT 4272
From the fundamental point of view, yesterday we had the release of the interest rates, so I believe currently
we are in a short relief moment, where we can have for some days/weeks a small bull trend
For today we have no big volatility news, so we cant expect big surprises.
From volume point, we can see that the point of concentration is around 4300-4285
Having said that we have 2 different ways of trading for today
IRON CONDOR for the first option, with the 4370sell 4400buy Call / 4230sell 4200buy Put
Reverse IRON CONDOR for the second option wiht 4305buy 4330sell Call/ 4275buy 4250sell PUT
One Swing trading Equity Option -APOLLOHOSPAPOLLO HOSP sell below 4293
SL above 4350/4450 (depending on your target)
Target- 4250, 4225, 4205, 4142, 4050
Option strategy :- +1x 26MAY2022 4300PE - ₹ 185.2
-1x 26MAY2022 4200PE - ₹ 138.2
Max. Profit ₹ +6,625 (35.19%)
Max. Loss ₹ -5,875 (-31.21%)
Max. RR Ratio 1:1.13
Breakevens 0-4253.0
Bank Nifty AlgoHere I developed after many years how typically Banknifty indices operate sudden huge move, its completely controlled by Big players after trapping retailers SL. There are few methods identified and back tested after several months. Basically its perfectly works with Banknifty future & Option buyers. Can easily capture 200 to 300 points from sudden level in intraday. The purpose of this indicator mainly to eliminate Fear, greedy, emotions., its basically "KONW YOUR RISK & REWARD" & Kindly note this for only intraday players how to use it. Its updated version of Millreeh
This indicator facility to plot following for some reason,
1. SMA 20 & 200
2. Swing forming in MTF (current chart TF, 15, 1 Hr )
The basic setup categories two way
1. Setup2 - Just taking out retailer SL zone and trade against Retailers & RR 1:5
2. Algorithm Setup - Join hand with big players. (When S2 Fails) & RR 1:10
How to use for Setup2:
1. Keep your Chart 3 mins
2. Identify Reaction zone/area ( Where to take trade)
3. Action center (When to enter & Know the SL level)
4. Exit Trade ( Know the Target level)
For Algo setup its need lot experience to spot and its move like free fall most of time.
BIG move ahead in banknifty.Banknifty had been spending last 7 days in a narrow range . we had seen some selling pressure but bulls were able to hold the important level of banknifty.
if banknifty closes above 38200 in daily time frame we can hold CE positions in long side for the entire week.
and if breaks down the 37360 level in the daily time frame we can see a down side move.
BTC1! (Bitcoin Futures) - Bullish Double Bottom at Support - 4HRBTC1! (Bitcoin CME Futures) has double-bottomed above $39,500 trendline support (4-hour chart).
If support prices hold, Bitcoin could rally over time to resistance prices above.
Entry (long): $40,165
Profit Target +7% (exit): $42,915
Stop Loss -3.5% (exit): $38,640
Utilize stop loss, position sizing, risk management.
Note: Crypto market has short-term correlations with the USA stock market & tech stocks. Support prices need to hold strong, and bullish continuation is needed to sustain a bull rally.
All content is Not financial advice. Trade at your own risk.
Oil shift to downtrend? Options and AI whispersWe can observe at the beginning of this week major shift in sentiment of the traders with Oil in their portfolio. As previous week still we saw money put on 130$, this week the last major level as Call Wall is at 100$. I would even include scenario that around that level we can go slightly higher due to Virgin VPOCs at 102 and 104.5 - still though it should be short-term run and only possible if wet closer to 100$ first.
So far we can observe downtrend on Oil. If 92.2$ will be broken, downtrend can continue. The next major Options and Darkpool markets Support lays at 80$. Before that there is no other level (so far) that can stop this move.
will today GOLD will fall ..? Buying Put options exp 07aprPrice is trading sideways and has retested many times horizontal support, with todays FOMC meeting minutes we expect volatility in gold price and potential of price breakout towards the downside....
in order to benefit from current scenario we can PUT options at 1920 strike price or below to get good RR and maximum risk of 2.20 euro per lot ( multiplied by number of lots you take ) for example in 5 lots max loss is around 11 euro only.. irrespective of how big price movement can be against ur trade..
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