Fibby.
@Fibonacci_TA
I enjoy drinking good wine as much as I do trading stocks; they also happen to both cost me money.
304 Following 21.4K Followers
$ASTS (Max Pain $80 | Price $75) — May 15 expiry
Millions stacked at $180 and Q1 earnings drop Monday after close.
Puts carry some residual weight through $74 but fade fast above $76, almost nothing between current price and the pin.
Calls wake up at $82, build through $100, then the staircase goes near-vertical from $130 to $180. Two stages: clear $80 and dealers start hedging, cross $100 and the ramp takes over all the way to $180.
🎯 Fuel loaded. $80 is the pin and $100 is where the structure ignites, $180 is the ceiling.
Earnings Monday after close decides everything.
Show more
