SOFI has performed a solid crossover of the 14 period Linear Regression Line over the 30 period regression line on CMF trending towards positive. The slope of the 30-period linear regression line has also turned slightly positive, confirming another aspect of my system. After today's 9% gain, it's likely that Redditors will be pouring into this one again, which...
Looking beautiful, dip below trendline to fake people out, long as it stays above the red line it should fly out of the wedge, volatility extremely low.
... and closing August 20th 20 Short Call and opening September 2x 20 Short Calls. Notes: This is a trade that started out as a call ratio where I bought 2 x the 15's calls and sold a 20 call in the August 20th expiry, after which it promptly moved toward 15. I'm inclined to think that it will need more time to work out, so exercised the long calls today to...
Financial Technology (FinTech) is revolutionizing the way we transact in our daily lives. The days of paying in cash are far and few between. Say goodbye to those pesky coins. Regardless of blockchain disruption, the future of finance will for certain be digital. So how do you play this industry? You can go through high flyers like Paypal (PYPL) or Square(SQ) but...
I expect this stock to keep plummeting to find support and once that happens it will rebound. I expect another 10%+ run down till all shorts are exhausted. Currently highly shorted. Watch out for volatility.
Here, looking to potentially get into this underlying on weakness with a high long delta setup while not spending a lot of buying power doing it. Unfortunately, the strikes aren't as granular as I'd like with my general standard setup for these being (a) buying 2 x 75 delta; and (b) selling a 1 x 50 delta, resulting in a net delta long metric of around 100 so...
- The Overall Trend is Bullish - Current 18$ Range might be the bottom -> 16$ Range still possible for a opportunity to go long
$SOFI is looking good for a bounce off $18 - VIDEO BREAKDOWN
Play the Elliott waves/ volatility swings until the major breakout at the end of Jan. 2022. (just in time for the Super Bowl!) ;)
Hello everyone, I hope you are doing fantastic. We went through the SPAC merger with amazing volume and great price movement. I would say that this is one of the best value plays at the moment and we got a rather cheap valuation of around 2.3B Market Cap for the stock, which gives us plenty of growth potential. The company may very well be one of WSB's...
SOFI+IPOE merger is on June 1, around 7 trading days. Past SPAC behavior has always dipped after merger but we will see if this can hold the price above $18.5 and $19.5 on the day of merger date. I have high exposure on this security and i will be getting a full hedge incase of a sell off. What do you guys think? 20x 17.5 October calls , 3x 15 October calls, 5x...
Long $MOGO as Bitcoin continues to see greater mainstream acceptance and becomes a more material part of their business.
Yellow is Key area
IPOE looking for a possible retracement in March up to 24.70$ (28%+ Upside) with strong resistance at 21$. Price action might be heavily variable due to IPOE & Sofi merging this month, negative sentiment in the SPAC market right now, and the possible ripple effect from Clover Health's SEC investigation. This is not financial advice, I am not advocating the buying...
Currently holding a long position. Support is at $22 and $18. I am expecting a huge rally after SOFI merger date is released. We are still in an uptrend.