SHORT MRVL/ BUY MRVL 5/3/24 66 PUTS. 2 STARS TRADE LAST HOUR 3:00-4:00
BUY RIVN/ BUY RIVN 5/3/24 8.5 CALLS 2 STARS TRADE LAST 15 MINUTES 3:45-:00
***** BONUS EARNINGS LOTTO OPTIONS TRADE (TRADE CAUTIOUS) BUY INTC 5/3/24 34 PUTS 1 STAR
I’ve got a whopping 3 trades today into today’s MEGA tech earnings event. Two are TECH stocks and one is an EV stock. MRVL is up 4 days in a row and are stretched on the upside after META’s capex spending news bids up Semis, which is also giving us a sweet entry for INTC into earnings. Intel is a different case where the daily chart is terrible but whispers of even worse earnings than thought. And lastly RIVN is making a double bottom. RIVN can see a major reversal with TSLA going back higher.