TanukiTrade

TanukiTrade Updated 

Now, let’s take a look at the expected SPX trading range for the week based on the auto GEX levels for TradingView: It’s clear that we’re currently in positive gamma territory , primarily due to the December 20 expiration. However, the mid-week expirations leading up to that date remain in negative gamma territory, a direct result of last week’s bearish...

TanukiTrade Updated 

First, let’s examine what we see on our chart using options indicators: Summarizing the GEX levels through December 26, we have a strong call wall at around 540. If price can break above and hold that level, it could easily pave the way toward 550. However, if we’re expecting a Christmas selloff after Friday’s close, this bearish assumption might prove...

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Last week’s assessment aligned well with the anticipated positive SPX range. The index moved sharply up toward the 6100 area, yet as Friday’s session progressed, the call resistance around 6100 capped further upward momentum. Looking ahead, I have doubts that the previously unbridled optimism will persist. Currently, we find ourselves in a “chop zone,” suggesting...

TanukiTrade Updated 

Weekly GEX Levels for SPX: The SPX analysis from last week’s free newsletter seems to have played out well. If you recall, based on the weekly GEX levels, there were no significant gamma levels below 5950. As soon as the price dropped below that, we saw the anticipated red gap-down to 5850 by Friday. With Friday's move, SPX shifted from a positive NETGEX range...

TanukiTrade Updated 

Although the SPX is currently trading within a relatively neutral positive gamma range, it’s worth taking a closer look at what the week might hold. This week, SPX is moving between critical resistance and support levels, which are showing significant options activity. The 5900 level is the key CALL resistance, acting as the gamma wall for the next 7 days...

TanukiTrade Updated 

This week is especially exciting because, on Thursday, we’ll be releasing our automatic GEX level indicator! (Halloween night, yes, very spooky...) Here's a little preview of what’s coming—just a few more days to go, and we can hardly wait! Based on the key aggregated GEX levels valid as of today's market open, we can see that SPX started the week in a...

TanukiTrade Updated 

The U.S. presidential election is on November 5, and this week we can expect increased volatility due to the uncertainty. For options traders, one thing is certain: volatility will likely rise leading up to the election, peak around the results, and then gradually subside as the “fireworks” end. It’s essential to consider this in every trading decision. While the...

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NASDAQ:QQQ began the week in positive territory at Monday’s open, with the current gamma profile projecting positive momentum through Friday as the price is positioned above the HVL level (496). Notably, below this HVL level is a substantial "vacuum" area, so if the High Volatility Level (496) fails to hold, we could quickly see a drop to 485, where Gamma Walls...

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Today, Walgreens Boots Alliance (WBA) is highly volatile with an IVRank of 102.6, indicating elevated implied volatility. The expected move is ±11.78% in the near term, showing potential for significant price swings. Skew across expiries suggests a stronger preference for calls, as evidenced by the CALL skew of 36.5%, particularly notable for the 11/15 expiry...

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I’d like to share my thoughts below after analyzing the QQQ option chain. In this analysis, I focus exclusively on the weekly time range, examining the QQQ option chain and the changes in top-tier options metrics. 🟨 Decline in Put Pricing Skew and Increase in IVx The decline in put pricing skew on Options Oscillator suggests that put options are becoming...

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I’d like to share my thoughts below after analyzing the SPX option chain. In this analysis, I focus exclusively on the weekly time range, examining the SPX option chain and the changes in top-tier options metrics. 🔶 Breakout and Bullish Outlook Last Friday's price action saw the SPX break through the 5800 call gamma wall, generating strong bullish momentum ....

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Today’s sharp 2.2% SPX decline wasn’t a surprise for those who looked closely at the options metrics after Friday’s spot price fakeout . Ahead of the long weekend, market participants priced in the downside with both short- and long-term options . BEFORE TODAY OPEN Put options were nearly twice as expensive as calls at equivalent Expected Move distances...

TanukiTrade Updated 

This week, keep an eye on NASDAQ:NVDA , which will release its quarterly earnings on Wednesday. Here are this week’s earnings releases implemented by the TanukiTrade Options Overlay indicator for Tradingview: 08/28 Wednesday after market close: NVDA , CRWD , CRM 08/29 Thursday after market close: MRVL The Options Overlay indicates that NVDA's call skew...

TanukiTrade Updated 

It looks like GLD 0.44%↑ finally broke out of its sideways-upward channel on Friday. Time to explore some opportunities using our Options Overlay indicator on TradingView. The current IVR is at 84, while the 62 DTE average IVx is only 19.9, making this IVx level exceptionally high for gold over the past year. On the daily chart, the Gold ETF is trading...

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The high vertical CALL pricing skew on the options chain shows that the CALL options for the September expiration are already much more expensive than the PUT options at the same expected move distance. This suggests that market participants are pricing in an upward move. Let's take a closer look at the probability curve formed by the options chain. I'm very...

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The NYSE:UBER stock price had been in an uptrend until it reached around the $75 level, after which it entered a correction phase. The price is currently near a long-term upward trendline, which could act as strong support. Volatility: The IVRank (Implied Volatility Rank) is 107.5, indicating that the current volatility is high compared to the values...

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Current Price Level: NYSE:PLTR is currently trading around 23.79 USD. Options Data: IVRank: 95.8, indicating that the current implied volatility is at the 95.8th percentile over the past 52 weeks. IV% 5d Change: 16%, showing a significant increase in implied volatility over the past 5 days. Exp. move at 46 DTE: 4.6% for options expiring in 46 days. ...

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Key Levels and Indicators: Current Price: $316.49 IV Rank: 129.5 IV (46 DTE): 58.7% IV Change (5 Days): +10.2% Expected Move (46 DTE): $31.4 Price Skew: 3.1% for PUTs (almost neutral) The market appears to anticipate that the price of NYSE:CAT will remain above this strike price ($280) by the expiration date of 46 days (DTE). A 5-day change in IV...