FB has an interesting setup here as call gamma is consolidating around 265 and call open interest is building up around the 300 strike. If this call building trend continues it may cause increased volatility in the name. Volatility infers movement, which could be a rapid move higher OR lower. In this case we give […]
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XOM Balanced Options Position
A member requested analysis of XOM which you can see below. It appears the gamma has sort of a “straight jacket” on XOM with large put interest at 40, large call interest at 50. Our Hedge Wall picks up a change in hedging behavior at 43, which indicates that’s a key level in the stock. […]
Silver August Expiration
Below is our most recent data for SLV (silver ETF) going into Fridays August options expiration. Call option positions remain at or near the highs we’ve seen over the last several weeks. There is a large concentration of options at the 25 and 30 strikes which presents an interesting setup. If SLV can charge ahead […]
PRPL Mattress Fire – Options IV Burn
PRPL is a major retail WallStreetBets favorite, causing a huge runup in to 8/13 earnings. After reporting an ER beat the IV in the stock likely got crushed, which caused long OTM calls to decline sharply. This leads to dealers unwinding hedges, and a stock drop.
WKHS Options Pin 8/14/20
WKHS seemed pinned to $15 where we mark a large amount of options gamma.
ROKU Analysis 8/14/20
ROKU has an interesting setup day, as we show ~43% of options gamma is expiring today. Most of the options in ROKU are also at the 150 strike, which may setup an interesting “pin” play. The idea here is thats the options decay hedging flows (which are tied to 150) push the stock back towards […]
SLV Update 8/14/20
We’ve been tracking SLV & Silver closely for several weeks now. Originally there were many Jan ’21 calls struck at 20, but those have largely been either closed or rolled, such that 25 is now the key strike. Much of the gamma in SLV expires next Friday 8/21 which could add a short term dynamic […]
CSCO Earnings Crash – a Prediction
We’re positing up a live example of using our Equity Hub data. CSCO disappointed in earnings today, and is currently down 10%. Here is a snapshot of our data from preopen which shows the largest concentration of options at the 50 strike. The most puts are at 40, which we think might function as a […]
FSLY Stock Analysis
This was a great chart posted by our friend @ccurvetrading of FSLY stock based on our options data. You’ll note there was a lot of gamma put gamma set to expire today (8/13) which would be crushed if the stock started a move higher. This may have caused dealers to rapidly cover short hedges. We […]
Silver SLV Gamma Volatility
Silver and the SLV ETF are having some amazing volatility as of late, with a -10% move currently underway. We’ve been watching this setup for several weeks, anticipating volatility due to the large amount of call gamma building up. We believe its important to be aware of this position as these very large moves may […]