Max Pain Moving to $30? - $GME 12/27 Open Interest Newsletter Breakdown

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  • Опубліковано 7 січ 2025

КОМЕНТАРІ • 22

  • @lilSarahtonin
    @lilSarahtonin 11 днів тому +7

    Good morning! Appreciate the crap out of you sharing and all the hard work that goes into it. Love to see the community push through and thrive. Seriously, thank you for all you do.

    • @21stcentury.renaissance
      @21stcentury.renaissance  11 днів тому +4

      Hey thank you, Sarah! Great username btw :) I sincerely hope that the work I do can be of benefit to the $GME investor community. I want everyone to be able to make the best informed decisions they can when it comes to this ride :)

    • @lilSarahtonin
      @lilSarahtonin 11 днів тому +2

      @@21stcentury.renaissance Spreading happiness where I can, especially on red days haha!! Long time lurker of your reddit posts so can confirm your genuinely awesome character. You rock, have a great Friday!

  • @HiFiAwardTour
    @HiFiAwardTour 9 днів тому +1

    Crazy close. 33 open seems like a given.

  • @Mi_Mono
    @Mi_Mono 11 днів тому +2

    Quality info. Learned a lot about RSI today.
    Now i just need to learn how to draw lines on charts! 😅

    • @21stcentury.renaissance
      @21stcentury.renaissance  10 днів тому

      You can do it! Just check out the drawing tools available on your trading platform!

    • @Mi_Mono
      @Mi_Mono 7 днів тому

      ​@@21stcentury.renaissance thanks amigo!

  • @moocow323
    @moocow323 11 днів тому +2

    Awesome video - thank you for the great info Mojo.
    Have a great one!

  • @denis41
    @denis41 11 днів тому +2

    Thank you Michael for the great video :)

  • @Libertine000
    @Libertine000 11 днів тому +1

    Thanks for the analysis Mojo.
    Just a query, why is Max pain at 21 for Jan 17 when it's the most stacked options chain in the coming period?

    • @21stcentury.renaissance
      @21stcentury.renaissance  10 днів тому +1

      Cheers, Libertine!
      So because January is the LEAPS date, contracts have been accumulating at this strike for more than a year. The result is that there are many Calls that have been opened that are now deep ITM which you don't see on our more recent options chains. There are also quite a few OTM Puts on that chain, but things reach a pure OI-based equilibrium (not necessarily premium-value-based equilibrium) at $21. This has actually moved up in recent weeks, as we were stuck at $20 for the longest time. It likely won't move up unless we get a good amount of new Put OI in the mid-$20s or lower $30s or see a lot of profit taking on those ITM Calls.

  • @CERBERUS300ify
    @CERBERUS300ify 11 днів тому +1

    What kills me is interday shorting. The share never moves yet it has a huge effect to downside

  • @HughieMunro
    @HughieMunro 11 днів тому +1

    Be awesome for a certain someone to post some meme thing to boost morale this dinner time 😅

    • @21stcentury.renaissance
      @21stcentury.renaissance  10 днів тому

      The January 10 area is where my eyes are next focused for something of that sort.

  • @mbzastava1
    @mbzastava1 11 днів тому +1

    XOXO!