My short term picks last night
$Pfizer(PFE.US$ was the only put. $indie Semiconductor(INDI.US$ $Uber Technologies(UBER.US$ $Twitter (Delisted)(TWTR.US$ $Skillz(SKLZ.US$ can’t win them all $Barrick Gold(GOLD.US$ $Nikola(NKLA.US$ didn’t hit
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
I block accounts with no name, pic, trading history or posts that try to follow me. Sorry hedges
1643Followers
220Following
10KVisitors
Follow
Howardy : $Nike (NKE.US)$ is also rising recently, I think it can be held
Sam2101 : Hi Mike, what is your take on Skillz now since it has hit its All time Low on 4-Jan ?
@Mike Hunt
Mike Hunt OP Sam2101 : Go to the option chain for Jan 21 and compare the open interest on the deep in the money puts versus calls. Deep ITM is institutional because retail doesn’t buy a put with a strike of 30 on a 10 dollar stock. each of those option contracts are over 2k each. When you look at deep ITM options on skillz it’s clear the price will be pinned. Google deep in the money and “pinned” if you are unfamiliar with those terms