OPTION WATCHLIST 9/8/24

9月8日

OPTIONS WATCHLIST 9/8/2024

NFLX - Stock down after failing to hold $700 multiple times making a M- shaped reversal pattern. Looking for puts below $660 support level. Next support at $640. Stock is bearish on indicators.

META - Stock back to retest support zone at $490. Looking for puts below $500 for a move towards $490 and lower. If $500 holds we can see another bounce. Stock is weak on indicator level.

AAPL - Company set to have its glowtime event tomorrow with expected launch of apple iphone 16. Stock could be sell the news event. If sells looking for puts below $219 for a move towards $210 and lower. Stock is weak on Indicator.

MSFT - Stock closed below 200 SMA and EMA line on daily time frame entering into bearish territory. Looking for puts below $400 for a move towards $386 and $350. If it holds it needs to break above $415 to continue higher.

GS - Bank stocks have been downturn since the start of this month. Stock making a double top rejection at $513.22. Looking for puts below $476 for a move towards $465 and $440. Stock is weak on indicator level.