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$Alphabet-A (GOOGL.US)$ heavy resistance at 155 due to call ...
$Alphabet-A (GOOGL.US)$ heavy resistance at 155 due to call options this Friday
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The Comeback Kid : Doesn’t seems so as I see the call option open interest is higher than put option? I would expect it will be in the money by tomorrow.
71351613 The Comeback Kid : too many opened calls will mean the option sellers will have to pay up, hence they don't want price to be above strike, hence resistance. other way around is true as well, lots open puts would not be paid if price doesnt fall below
The Comeback Kid 71351613 : Get what you mean now. Thanks. Nonetheless, I think it will open red, but green and breakout at the end of the day. Either today or tomorrow.
angel beginner : will the resistance go away if the stock options calls end?
Shootingstar : Hope call options people pay for the stock rise after they have sold at big losses![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")