The relentless bid on /ES is annoying AF. Reminds me of last summer.

$30,000 Millionaire said:

---

I'll chart some stuff tonight.

I believe folks will want to see NVDA and MSFT. Anything else?

---

AMZN if you have some spare time

My plan if WWR were to squeeze to $100 would be sell it all and start planning for my transition to being a SAHD and part time trader/investor. I'd fulfill my contract that expires next year, and we move back to Texas. I'd also try to work in a trip up to Dallas to take a spin in 30k's Lambo.

On ROKU, I'm pretty aligned with 30k... pop here to 420-435, and August covered calls at 450 strike would be gravy at $30+

SPY

MT is 422.04
Yesterday's H = 424 and Low = 420.08

Just in case you're sick like me MT on yesterday for SPY's normal session is 422.04. I already had an hourly SR at that number so will be looking to see if we touch and bounce that.

I held 423P overnight so will be looking for any retrace back to 422.37 or MT of 422.04. Hopefully with momentum. That is my personal plan is to sell those on any push into that support range.

Below those I have 421.43 & 420.68 and of course many lower.

Lose yesterday's low and well..... fake breakout IMO.

Another little guy.

KIQ

Sort of expected this one to have a move already. Volume has dried up though and will need it to move.

Added Bollinger for those that use this study. Getting pretty tight and consolidating in a tight range.

Posted on a service I have.

Have not validated this....

• Notable put flow in Chinese names into Friday and July 2: LI NIO IQ
• Call flow into Friday of note: UBER, FCEL, PLUG, FUTU, PLTR, TSLA, ETSY, BB, UPST, NFLX

Trade idea: NIO 50 calls out 6-8 weeks. Especially if it drops into the 40-42 area.

7/30s closed 1.60x1.66 yesterday, 8/20s 2.55x2.59.

brilliant

LOW

FAT SEXY brought this to us the other day and I entered weekly 190C weekly on the break.

I've trimmed down to runners here but may look to add next week 195C calls on an intraday dip as well.

Downtrend break.
Closed above 50EMA
Just above mean.

Above 192.68 and I could see this to $198 which is +2 ATR.

AEVA

Hmmmm....not in it...yet

Broke downtrend
Lost it
Regained it on big volume.
Back tested the downtrend.
Cup completion now handle.
Flagging

Resistance about $12.50.

MT about $14.42

FJ - What are your thoughts on DDD? Does it look like it has enough steam to run to $40?

Red Pear Luke said:

---

FJ - What are your thoughts on DDD? Does it look like it has enough steam to run to $40?

---

I tried to get in this early but missed it and ran away. Has options orders set above the ask but it gapped from the get go.

It very well could but has to regain MT and yesterday's high. There will be longer term resistance at about $40.

It had huge volume yesterday and pinged Modell T at about 37.22 which it is under now. Big downtrend break but also it is +3 ATR already.

Tough one since has such momentum and visibility. Intraday for yesterday MT is about 33.83ish.

Over yesterday's high may be a trade and also a pivot reversal at that 33.83ish level could be a trade. I have an alert set for $33.90.

For me I won't enter this one just yet without a flash or retrace down. That's just me since its juiced at the moment.



Also it would be a trade for me here not a long if an entry presented itself for a quick in and out.

Red Pear Luke said:

---

FJ - What are your thoughts on DDD? Does it look like it has enough steam to run to $40?

---

If you're in It, give it a shot, I'd sell at 35/34.75 if it starts to slip. If you're not in it, I probably wouldn't chase.

HUSA if you guys want to try something.

ASAN Puts

Ok as a trade strategy for me I think what I plan to do if this starts to push up (currently above close).

I will take the rest of these off and the 25% profit then rebuy the next higher strike (or two) on an intraday top or 59.50 whichever comes first. I think I can scalp some decent profits then rinse and repeat should this occur.

If it continues down I'll just let them print.

TSLA

I have a love hate relationship with this one. Have made and lost money on it but its not personal.

It is above the 50EMA premarket here. the 100EMA is about 640.50ish but that's also in the middle of the gap fill.

On my really short list watch for a trade entry first thing.

Maybe sooner but 635.59 and I am going in snorkel and all.

Tomas Hermensa said:

---

tailgatetimer10 said:

---

They are continuing to gain market share. They're depleting inventory that's been on the books for a while. Overall this is going to make them significantly more profitable and able to continue taking away from Intel.

Intel was going to sell chips regardless.

---

I should have been more clear. I'm definitely still long AMD and I agree they will continue taking market share. I only mentioned that I think they would have pressed their advantage faster if not for the materials and semis shortage.

---

To be honest, I'm not sure they would be ready for that kind of volume. If anything the shortage allowed them to give an excuse to the customer of why they can't fulfill demand. It's allowing them to have a controlled ramp, which is what they need.

Time to resell CLOV calls. My only albatross is some dumb DPW shares. What a turd.

Wish we had a share count tracker to see how much WWR Texags owns

FJ43 said:

---

TSLA

I have a love hate relationship with this one. Have made and lost money on it but its not personal.

It is above the 50EMA premarket here. the 100EMA is about 640.50ish but that's also in the middle of the gap fill.

On my really short list watch for a trade entry first thing.

Maybe sooner but 635.59 and I am going in snorkel and all.

---

What are you thinking, $650 this week expiry? That was my first thought but if this has a chance to really move like some think, I was considering doing next week calls.

that SKEW number, mercy!

bmoochie said:

---

FJ43 said:

---

TSLA

I have a love hate relationship with this one. Have made and lost money on it but its not personal.

It is above the 50EMA premarket here. the 100EMA is about 640.50ish but that's also in the middle of the gap fill.

On my really short list watch for a trade entry first thing.

Maybe sooner but 635.59 and I am going in snorkel and all.

---

What are you thinking, $650 this week expiry? That was my first thought but if this has a chance to really move like some think, I was considering doing next week calls.

---

I scalped 650s this week already. Think I will go closer to ATM with 640 or maybe 645 with a couple days remaining. Want to catch on any weakness should there be any down movement.

Watching 631.39 to see if that holds if not 629..

FJ43 said:

---

ASAN Puts

Ok as a trade strategy for me I think what I plan to do if this starts to push up (currently above close).

I will take the rest of these off and the 25% profit then rebuy the next higher strike (or two) on an intraday top or 59.50 whichever comes first. I think I can scalp some decent profits then rinse and repeat should this occur.

If it continues down I'll just let them print.

---

CEO has been buying up a lot of shares this month, paying at market prices.

Double_Bagger said:

---

FJ43 said:

---

ASAN Puts

Ok as a trade strategy for me I think what I plan to do if this starts to push up (currently above close).

I will take the rest of these off and the 25% profit then rebuy the next higher strike (or two) on an intraday top or 59.50 whichever comes first. I think I can scalp some decent profits then rinse and repeat should this occur.

If it continues down I'll just let them print.

---

CEO has been buying up a lot of shares this month, paying at market prices.

---

I think a good long play. This is just spending money for Mrs. FJ

FJ43 said:

---

Over 10m shares yesterday on $WWR.

Don't worry about short term movements (where have we heard this a dozen times before?), it's going to be much higher.

— 2021 Opportunity Stocks Knock (@oldarmy1) June 23, 2021

---

Anyone selling covered calls yet, or waiting for more of a runup? All of mine previous ones either expired or I bought back. WWR does join the join Russell Microcap index eff june 28 I believe, so maybe that'll give it a little more of a push to sell calls into.