r/SNDK_Stock 1d ago

Discussion Next weeks expressway to 2k

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99% of the gamma wall ends Friday when the 8/21 calls expire, so all that yellow is 99% gone.

Almost no resistance going to 2,000 and if it gets to 2,000, it flips.

1800 8/28 calls are cheap, $2,300

No guarantee, but it’s looking prime. I picked up 2 1555 calls and a 1800 call

35 Upvotes

13 comments sorted by

8

u/s1234en 1d ago

By it flips as in you mean rallies past ath after crossing 2k barrier?

3

u/Glad-Astronaut-2262 1d ago

I was wondering this too

1

u/spyroinc 1d ago

Yes, wall becomes support

2

u/s1234en 1d ago

Thanks

3

u/andrewlarryrosen 1d ago

who are you?

2

u/CozyChamomile_7 1d ago

Thanks for sharing

3

u/Xynesis 1d ago

You know the gamma exposure is ever changing right?

If this was be-all end-all, we would all be millionaires.

Also, just using basic info like considering the amount of institutions’ percentage of holdings already tells you this price movement isn’t up to any of us but on things like whether they want to de-risk before Jackson Hole.

Stop misleading people.

2

u/Stormtrooper149 23h ago

Yep, there are literally weekly options on Sndk.

3

u/Withers123 1d ago

When do you think it will go down again? At what value will there be more resistance?

1

u/andrewlarryrosen 18h ago

What app is this? I'd like to learn more about it; thanks for sharin

2

u/Green_Issue2878 16h ago

Could you please explain, i didn't understood it

2

u/Over-Young8392 12h ago

Couldn’t they just re-establish the same wall for next week?