04/22/2021 Watchlist Charts

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.

 

 

 

 

 

 

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