Nothing fancy, HMA 13/30 starting to look bullish. We are still within the regression channel from last March's correction. Historically, April has a positive return for the S&P with an average return of 1.5% . SPY implied volatility is in steeper contango compared to top holdings (AAPL, MSFT, GOOG). I am looking to sell monthly straddle in SPY and buy straddles...
If gamma squeeze to 800 doesn't trigger mass FTD then the previous high will most likely be support. Fib timeframe seems to line up nicely when GME finds support after a run. Fib extension used to see where GME might end up when it breaks out, also is close to the current max option strike of 800 for april exp. Disclaimer: no need to comment anything negative, I...