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485 by tomorrow end of day

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  • iLEVES : Wow how u know

  • NyckOP : In 2022 when Russia attacked Ukraine there were similar market fluctuations. Then there was the Iran attack that was imminent. The stock resistance level was lowering. I could tell that the previous day the Meta puts saw an 80% loss before recouping that lost to close 60% lower. Usually if the option is completely out of the money the 80% goes to 95% lost due to the buying pressure. Since the lost starting losing steam on the put side I could tell there would be a huge fluctuations of 4%-5% at most on the stock. The indicator for me was the calls saw a 300% gain while the puts had lost only 80%-60% so the spike was temporary, if the puts had lost 90% I would have said the stock is going up. A similar thing happened in 2020 during the historic wildfires in California.

I have traded options since 2008. This is the first time I have paper traded. I used the trending options in the app.
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