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s7c
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I'm from Romania, living now in Chicago. i have an engineer degree but i'm interested in more freelance opportunities type of business. so with that in mind i started to trade options...my analysis is based on the "psycho-technical" side(Auction Market Theory, Volume Spread Analysis,... More
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  • Symbols To Play Next Week... 0 comments
    Mar 24, 2013 3:41 PM

    AMZN

    ->it went below 2013 demand area and the buyers reaction amplitude was minimum. Friday we saw some decent up move reaction with unchanged value and lower POC but i think is mostly correlated with the s&p 500 move. the point now is to see the reaction at 'ice' if it move above or below on low volume it's time to find a bearish strategy, if it moves on high volume and maybe followed by a down day on low volume (test) then it's time to find a bullish approach.

    ->~30% implied volatility it's above historical and of course above VIX, so a credit type of spread could work. considering the high volume areas that this symbol has the tendency to make maybe a calendar spread it could be an interesting idea but keep in mind that the expected move for April expiration is ~16$.

    (click to enlarge)

    BA

    ->it could be set for a retracement, we had a ND on Friday and the news are not the best. watch it closely.

    BIDU

    ->approximately the same view as in AMZN

    (click to enlarge)

    FB

    ->approached a demand area with poor reaction of the buyers.

    GOOG

    ->last week we saw a very poor reaction of buyers above the demand area and correlated with the 2 weeks ago retracement. not clear enough for me yet to make up my mind but watch it closely next week.

    (click to enlarge)

    NFLX

    ->weekly chart looks pretty weak now...

    CORN

    (click to enlarge)

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