Red

TTW is a dog today, all the bears hibernating.
I’ll post here.
exclusive – GG chart!
hehe
http://tinypic.com/r/2dmfnua/7

i’d pin it at 134.
looking at the monthly SPY.
133 has a 2:1 ratio 222:123 puts favored
134 has a 1:2 ratio 57:94 calls favored.
so let’s pin it around 133.50!

jaja

But, if you were the market maker… where would you pin it today? I’d pin it at 133.00!

Maybe they don’t have pin power?

I wasn’t aware weeklies have pin power.
I see the pop.
how about they just grind it up all day 50 more cents on the SPY?
I have a yearly pivot point around 134.

I seen that FP yesterday, but it was too close to the close of the prior day. So, that one could have been a late fill? But yeah, I say we pop and drop today.

Triangle of GOOG: http://niftychartsandpatterns.blogspot.com/2011/04/google-in-triangle-pattern.html

131.33 FPs. I think we may go mid way down those FPs to hit around 132.32. Then maybe popup. Watcha think Red

132.50 to 133 🙂

Today is expiration day for the weekly options. I wonder where they will pin it?

Calls Calculator

Strike
131.0 Call 2.22 2.41 2.30 45,081
132.0 Call 1.28 1.45 1.42 55,135
133.0 Call 0.51 0.55 0.53 55,959
134.0 Call 0.09 0.10 0.13 29,680
135.0 Call 0.01 0.03 0.02 9,759
136.0 Call — 0.01 0.01 7,569

Puts Calculator

Strike
131.0 Put 0.04 0.05 0.04 70,469
132.0 Put 0.07 0.09 0.10 73,367
133.0 Put 0.24 0.28 0.24 44,325
134.0 Put 0.76 0.91 0.87 4,667
135.0 Put 1.63 1.84 1.73 1,641
136.0 Put 2.63 2.82 2.68 212

Looking at the open interest on the call side versus the put side, it seems pretty heavy on the calls. I think we pop and drop…