Brent Kochuba from SpotGamma
Stock Market Options Trading
Do You Think That Those Support and Resistance Levels Act as Magnets for Price?
This year is a little bit tricker, obviously, because we're the market tends to go down. But on Mondays, you would get a rush of speculative call buying in all the meme stocks,. Name the meme sofai, Robinhood, AMC, etc. The flood of calls would typically go into the closest Friday's expiration. So generally what happens is you get a ramp in those stocks on Monday and Tuesday.
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