$Tesla(TSLA.US)$ Chief Executive Officer Elon Musk is giving "serious thought" to building a new social media platform, the billionaire said in a tweet on Saturday.
Musk was responding to a $Twitter (Delisted)(TWTR.US)$ user’s question on whether he would consider building a social media platform consisting of an open source algorithm and one that would prioritize free speech, and where propaganda was minimal.
Musk, a prolific user ...

Individual investors pushed cash into a levered exchange-traded fund, $ProShares UltraPro Short QQQ ETF(SQQQ.US)$, betting against the tech-heavy $NASDAQ 100 Index(.NDX.US)$ as they looked to profit from the market's spiral.
Retail traders bought $76.6 million of the   $ProShares UltraPro Short QQQ ETF(SQQQ.US)$  -- an ETF that delivers results that are three times the inverse performance of $NASDAQ 100 Index(.NDX.US)$ -- amid M...

Firstly, congrats if you have bought $Activision Blizzard(ATVI.US)$ before Microsoft's planned acquisition. However are you still holding and waiting for your payday? Are you worried that the stock seems to be dropping bit by bit everyday? Why aren't people scooping up the stock at $79 when there is at least $16 of upside to $95?
Technically speaking, the price is "overstretched". If you believe in your Bollinger Band, you will know that price will always be...

$DraftKings(DKNG.US)$ Looking at the 3 days chart, it looks like $DKNG is bottoming. But the fact that it couldn't break $51 is a sign that the bears are still in control. Last friday it closed slightly below $48. The bulls must be hanging on for breath, hoping market will rebound next week.
But imagine once it starts to break lower, all the stop losses will be triggered and you can expect some fireworks. Just be careful in this market and not be over bullish or bearish. Respect your plan and your stop loss. Don't double up a losing position and don't remove your stop loss especially if you are trading options. Time is not in your favor. The market is still in a distribution phase, which means it will be choppy. Let the price action shows you the way. Good luck traders. Cheers.

$Amazon(AMZN.US)$ formed a double bottom and looks like it is going to form a massive head and shoulder pattern. Watch out for $3400. If it comes down from this level, Amazon may break much lower. It may not be a coincidence that it will happen around earnings time in November. Good luck traders. Cheers.

In my previous post, I mentioned that $DraftKings(DKNG.US)$  needs to break $51 to go higher, however it totally couldn’t break it last night. Price may continue to chop around for a while before it tries to break again. TGIF. Cheers.

$DraftKings(DKNG.US)$ has been consolidating with "dojis" for the past 3 days. Got a feeling that price is ready to rebound from here as it is moving away from the Bollinger band and the bear momentum seems to be slowing down. However market has been unpredictable recently and we should always be prepared for both scenarios.
Calls > $51
Puts < $48
Good luck guys. Cheers.

Once $AMC Entertainment(AMC.US)$ breaks out of this bull flag, there should be some room to run. Target $48 which has been a strong resistance level.
Calls > $40.13
Puts < $37.75
Good luck everyone. Cheers.

Watch out for $GameStop(GME.US)$ next week. Forming a bullish flag pattern and most importantly, an outside bar followed by an inside bar. Buyers and sellers are both being squeezed and good chance for a breakout trade.
Calls > $179.49
Puts < $172.25
Although my bias is more towards the upside since market has been beaten up for 2 weeks. Time for some action! Good luck guys.

$JNJ 211008 165.00C(JNJ211008C165000.US)$
I wonder why would people want to sell $165 call at such a cheap premium? Definitely trying my luck on this one. Good luck guys.