0.00Open42.15Pre Close0 Volume0 Open Interest180.00Strike Price0.00Turnover6614.56%IV2.34%PremiumNov 22, 2024Expiry Date38.84Intrinsic Value100Multiplier-2DDays to Expiry3.31Extrinsic Value100Contract SizeAmericanOptions Type-0.9849Delta0.0023Gamma3.35Leverage Ratio-239.7901Theta0.0000Rho-3.30Eff Leverage0.0001Vega
digimonX : Last year, from June to Oct, AMD was very sluggish. Every attempt to move higher was shorted down. Exactly the same feeling I have these few mths. When Nov (2023 I mean) came, year-end rally sparked & it ran like mad. It went from $80+ at the end of Oct 2023 to over $200 in Mar 2024. If u look at the short interest chart, the build-up now is similar to last year. I thought Nov after US election would be the rally trigger point this year. I was wrong. AMD & some other semi names are still sluggish. AMD & Micron have been the worst. At least nVidia, TSMC & Arm had run ups to all time high the last couple of mths.
I think we need the big boys to push this up enough to trigger short covering & this thing may go balistic.
pootpoot OP digimonX : u r right. even i thought the previous 140 was the bottom. never expect it further correct (the falling off upper wedge i was mentioning). that is why u can see most semicons are falling off their upper wedge. totally clueless where this can go.