4/22/2021 Watchlist Charts
4/22 Thursday Watchlist
$SKLZ – Cathie Wood’s Ark Invest Buys Over 5 Million Shares of Skillz. Bouncing right off of support around 12.40. If Cathie Wood buys, it’s typically a good indication to buy for yourself as well. Earnings right around the corner on 5/4. Perhaps Cathie sees a surprise beat on earnings for Skillz.
$AMAT – A lot of bullish call option contract buying today for AMAT, expiring on 4/30. This is a short expiration so traders are expecting bullish momentum very soon. Take a look at the volume of total contracts traded today. A couple different options to choose from.
134c – 1270 contracts.
135c – 4154 contracts.
138c – 7817 contracts. Huge buying here.
140c – 1260 contracts.
$LVS – Tons of bullish call option contract buying for a couple months out in expiration. June 18th expiration to be specific. This would be a swing so if you decide to follow the flow, be patient. Tons of open interest as well.
60c – 700 contracts.
65c – 20652 contracts. Huge buying here.
72.5c – 18680 contracts.
$UAVS – Tons of bullish call option contract buying for UAVS too! May 21 expiration.
5c – 3808 contracts.
7.5c – 19403. Huge buying here.
10c – 1868 contracts.
$NIO – Starting to see a reversal. Had a very strong day today! It has held up support around 35 very well. Bounced from 35 and recently broke out of a falling wedge. Earnings on 4/29. Tons of call options coming through. On watch for continuation.
4/23 expiration – 37 through 41.
4/30 expiration – 40, 14737 contracts stood out to me in particular.
$TSLA – Very strong move today. Earnings on 4/26. Watching for further continuation if it breaks 750+ and maintains, 769+ can come next. After that, 780+. TSLA premiums are expensive, so look for a low cost strike price. Look below for affordable contracts with high volume & within reasonable strike ranges. Couple other high volume strike prices to pick from as well.
4/23 & 4/30 expiration – 765 through 800.
