That $1k doesn't have much volume, just a lot of open interest. Likely obtained when price was higher. Something to watch that. That's my upper target should the bottom hold.El_duderino said:
I'm seeing .99 ratio for August monthly and the drops to .7 for September monthly with traders likely expecting a push up with earnings.
SMCI skewed around 1.2 with heavy put resistance at $800, but if it can push through that it's off to the races. Looking at August 9 weekly right after earnings, it's less than 1 and biggest volume at $850 & $1000 call strikes. That $1000 strike is the largest call volume across several expiries.
"H-A: In return for the flattery, can you reduce the size of your signature? It's the only part of your posts that don't add value. In its' place, just put "I'm an investing savant, and make no apologies for it", as oldarmy1 would do."
- I Bleed Maroon (distracted easily by signatures)
- I Bleed Maroon (distracted easily by signatures)