this was an amazing week, the markets had an amazing week... if you look at open interest, you can see where the market had to go... now, we are "over extended" as it pertains to where the market should pin options expiring tomorrow. Based on OI only, we should close below 205.
can you see why TLT faded, once it hit 135?
and finally.....My favorite trade of the week....TSLA for the win!
can you see why TSLA climbed its way to 200+ ?
that's all for now.
tb
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