s7c's  Instablog

Send Message
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, Wyckoff,... More
My blog:
  • Symbols To Play Next Week... 0 comments
    Mar 24, 2013 3:41 PM


    ->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)


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


    ->approximately the same view as in AMZN

    (click to enlarge)


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


    ->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)


    ->weekly chart looks pretty weak now...


    (click to enlarge)

Back To s7c's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


More »

Latest Comments

Most Commented
  1. Some Trade Ideas ( Comments)
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.