Trade Recap 7/28 - $SMCI
$SMCI had a nice follow thru yesterday from Friday's PA. Gapped up PM and held 56 near open. That was the entry point.
Alerted 60c @ 0.65 as a trade idea and trimmed along the way with exit at 2.0 near HOD.
Twinsight Trade Recap ⚡️
@mataetrades
🟩 $ADBE 385P 4.70 to 5.80 (+23%)
@TradingxNigel
🟩 $BIDU 100C 1.10 to 4.04 (+267%) 🚀
@tradersarangc
🟩 $NFLX 970C 9.00 to 12.00 (+33%)
🟨 $QQQ 485C breakeven
@TradewithTC
🟩 $CRWD 372.5C 4.40 to 5.70 (+30%)
🟥 $AMD 110C 1.74 to 1.14 (-34%)
📢 All trades were called out live on stream/alerted in Discord! Percents are highest alerted exit.
Trade Idea: $ACHR - 2/18
$ACHR, volume picked up this past week. Coming up on 10.6 res area. Setting up to test 11.5-12.5 area again. A close over 11.6 area has room to test 13.5.
Trade Idea: $SHOP, 2/18
$SHOP - held 115 post ER and confirmed res > sup flip. Above 128.5 > 132-133 this week. Pullback this week, I'm watching 122-124 area to hold.
Trade Idea: $GOOGL - 2/18
$GOOGL, res > sup flip on weekly TF at 182. Break and close below 182 on weekly would be pivot short below 182. Watching for a reclaim of 186-188 area on $GOOGL this week.
Someone lobbing $75K into 63c $UPST weeklies for a quick trade. Spec play and would treat it as a lotto. If it recovers 61, possible move to 62 > 63.5
They grabbed $UPST 63c at 0.75/contract.
Trade Idea: $PCOR (Swing trade idea)
Sizable call flow into $PCOR on 12/19 and then (presuming same buyer) added a few sessions later. Buyer is still holding position with the latest OI data. ~$4M into 82.5c 2/21 exp.
Another $3M into 85c 2/21 exp past few sessions as well.
Entry: break over 77.2 (SL close below 74)
Contract: 82.5c 2/21
Targets: 80, 82.5, 85.5
Trade idea: $IWM
Weekly TF. Small caps getting written off lately as PA has been very weak. Watching IWM closely past few weeks. If this can reclaim 226.5 area, possible move up to 232 and then into next range after that.
If it breaks below 218, possible move down to 215 > 212 > 210.