08/05/2021 Live Update

[Al_Dente]

HOOD
" $70 was the highest available strike for options yesterday…. that is exactly where most traders now hold the bulk of call positions, and the strike which SpotGamma considers the key options strike for today.
Today the exchanges have now listed options strikes up to $170

[JFR]

SPY 5. Back above the EMA 20.

[Trades w 2 Cats]

HOOD founders and insiders have filed to sell a lot of their stock. Too bad the first round of options gamma squeeze is over.

[Cobra]

Testing the day high, 50% chances of double top here. 50% chances is nothing? Don't you remember I said lots of time "I don't think it's a double top"? So 50% is already higher chances for bears.

[BullBear52x]

testing too many times a breakout is likely now, $VIX is also back down. will see tomorrow.

[BullBear52x]

Messy, no solid lead on any combination.

[Cobra]

Members only update at 3:53 pm
http://www.cobrasmarketview.com/2021/08 ... ay-update/

[Cobra]

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449397

[JFR]

SPY 5. Strong finish for the bulls.