#WhaleAlert: $ARKK
Link: tinyurl.com
On 8/9 right before the Market Close, we got a Whale Alert for a $42 Put w/ an 8/19 Strike. Looking at the chart, we can see we're currently at the top of Two Channels on the 65m Chart.
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Link: tinyurl.com
On 8/9 right before the Market Close, we got a Whale Alert for a $42 Put w/ an 8/19 Strike. Looking at the chart, we can see we're currently at the top of Two Channels on the 65m Chart.
🔽 MORE 🔽
Keep in mind, it looks on the Daily like we're potentially bottoming out as price gets above the 9/34 EMA. We may continue the consolidation, in which this would make for a good short-term play. If we reject to the downside, this could turn into a longer-term swing
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Looking at the Flow, we can see large amounts of Bearish volume coming into the Chains with many exiting out of their Bullish positions. We're also seeing large Put volume that's only ~35% Bullish, and Max Pain for 8/19 is at ~$43 ($3 Below current Strike)
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@unusual_whales is an online tool that allows you to follow the entire options chain, while @TrendSpider allows you to perform strong TA with incredible indicators and zero programming for Backtesting. Check them out w/ the link in my bio!
@unusual_whales is an online tool that allows you to follow the entire options chain, while @TrendSpider allows you to perform strong TA with incredible indicators and zero programming for Backtesting. Check them out w/ the link in my bio!
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