Posted by elementsix on 9th of Feb 2024 at 02:01 pm
NVDA- I keep thinking
there is no way we continue this upward march. And then I look at
the monthly chart.
The last two bull markets for NVDA lasted 38 and 30 months...
with virtually no monthly pullbacks. We're at month 17... and put
in a nice 2 month pullback.
Posted by DigiNomad on 9th of Feb 2024 at 02:07 pm
Well, the action on the options chains essentially mirrors what
was going on in the GME AMC era. A telltale sign is going out a
month and checking to see that the furthest call strike out having
near the highest volume on a given day (which is the case on most,
if not all of the runners we're seeing right now). I've been saying
for months that the big boys learned a lot from Ape days and they
ported it over to the broader market. I don't think that's
wrong but post if you think it's any different.
Posted by elementsix on 9th of Feb 2024 at 02:50 pm
NVDA - It certainly does... Gamma Squeeze. Keep in mind that
someone is on the other side of all those $1,380 March calls...
market makers. And they need to be hedged. As you note, the
difference here is that the Apes probably aren't the ones messing
with NVDA... it's the big boys.
NVDA- I keep thinking there is
NVDA - March 1200 calls are on fire and the ...
Posted by elementsix on 9th of Feb 2024 at 02:01 pm
NVDA- I keep thinking there is no way we continue this upward march. And then I look at the monthly chart.
The last two bull markets for NVDA lasted 38 and 30 months... with virtually no monthly pullbacks. We're at month 17... and put in a nice 2 month pullback.
but those ribbons....
Posted by shellson2 on 9th of Feb 2024 at 02:19 pm
but those ribbons....
Well, the action on the
Posted by DigiNomad on 9th of Feb 2024 at 02:07 pm
Well, the action on the options chains essentially mirrors what was going on in the GME AMC era. A telltale sign is going out a month and checking to see that the furthest call strike out having near the highest volume on a given day (which is the case on most, if not all of the runners we're seeing right now). I've been saying for months that the big boys learned a lot from Ape days and they ported it over to the broader market. I don't think that's wrong but post if you think it's any different.
NVDA - It certainly does...
Posted by elementsix on 9th of Feb 2024 at 02:50 pm
NVDA - It certainly does... Gamma Squeeze. Keep in mind that someone is on the other side of all those $1,380 March calls... market makers. And they need to be hedged. As you note, the difference here is that the Apes probably aren't the ones messing with NVDA... it's the big boys.
the STS stop should be
Posted by matt on 9th of Feb 2024 at 02:06 pm
the STS stop should be moving up today on NVDA, will be the 10th one from the Dec 28th entry
https://breakpointtrades.com/sts_table/?search=nvda