SNAP pullback from gigantic 1 day gain, possible 1.618 Fibonacci

2020년 10월 22일

I won't be surprised if SNAP has a pullback the next 2 days after it's gigantic $8.05 (28.3%) 1 day gain on massive volume 254M shares vs average 44M shares or 500% volume pop. A reasonable scenario would be for SNAP to get to the 1.618 Fibonacci retracement on the monthly chart. Also, because tomorrow is weekly options expiry, I suspect peeps taking huge profit gains today to lock it in before tomorrow's uncertain price action.

2020년 10월 22일

노트

Got a 10/30 $38 straddle @ 9:51am with so much movement, you can't lose. I was wrong about today's pullback so far. Oops

2020년 10월 23일

노트

So far this has been a losing thesis to say the least. Haha. Thank goodness I picked up some calls yesterday when signals just kept pointing up. lol

2020년 10월 23일

매매 수동청산

Calls won enough to profit. Whew. Close one. Modest total gain. Option strategy liquidated. 🖖

2020년 10월 23일

노트

SNAP now has a P/E of 4,375. lol

2020년 10월 26일

노트

SNAP is finally going down today. lol. Pullback to -$38???

2020년 10월 26일

노트

3:59pm executed 10/30 $40.5-44 bearish strangle for $126 each. Leaning 2x capital on put end $85, and 1x capital on call side $41.

2020년 10월 26일

노트

SNAP closed today at a P/E = 4,128

2020년 10월 27일

노트

SNAP trading interest lags this week with the BIG 4, MSFT, AAPL, GOOG & AMZN sucking all the air out the room...

2020년 10월 28일

노트

Checkout my price and volume indicators:

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