Pascal
05-15-2016, 07:49 AM
DDS could be an interesting long trade in the context of an options expiration reversal.
DDS is a broken stock.
36132
The Max Pain is at $65, which is totally reachable.
36136
However, after the recent drop, large buyers have stepped in. These could be shorts covering though.
What is interesting is that after an initial push, the price reverted back down, but buying continued.
36135
The big negative is that there is a large overhead supply of stocks and that the turnover is slow moving.
However, if the general market does not sink then DDS could revert to its Max Pain level.
36131
The Pyramid data is of course negative.
36133
The Stats show the entry level if we have more weakness on Monday.
36134
DDS is a broken stock.
36132
The Max Pain is at $65, which is totally reachable.
36136
However, after the recent drop, large buyers have stepped in. These could be shorts covering though.
What is interesting is that after an initial push, the price reverted back down, but buying continued.
36135
The big negative is that there is a large overhead supply of stocks and that the turnover is slow moving.
However, if the general market does not sink then DDS could revert to its Max Pain level.
36131
The Pyramid data is of course negative.
36133
The Stats show the entry level if we have more weakness on Monday.
36134