Trade Ideas
UOA PRO Update CIFR 7-23
2,360 31July 28.50 calls bought for 1.33 above open interest of 133 contracts; 2,366 31July 30 calls sold for 0.91 above open interest of 756 contracts. Stock 26.69.
Status Update
Ticker: CIFR
Stock: 26.28
New UOA: 2,360 31July 28.50 calls bought for 1.33 above open interest of 133 contracts; 2,366 31July 30 calls sold for 0.91 above open interest of 756 contracts. Stock 26.69.
We will cover through tomorrow as customary.
UOA PRO New Trade Idea CIFR 6-15
Ticker: CIFR
Type: Bullish Call Spread
Stock: 26.26
New Trade Idea
Ticker: CIFR
Stock: 26.26
Trigger: 26.89
Targets/Resistance: 27.49, 28.62, 29.34, 31.69, 34.68
Expiration Date: 17JUL
UOA: 5,000 21August 28 calls bought for 4.20 above open interest of 70 contracts; 10,000 21August 35 calls sold for 2.25 above open interest of 82 contracts. Stock 26.24.
CIFR $26.24 Last.
Large Aug. set slightly OTM call vertical. Stock is in uptrends and is > all SMAs all of which are upsloping. Stock dropped to near the 50 last week and has bounced back strong, may need to ST cool off. Last week’s low is the latest in a series of higher lows. If the market cools off and then regroups, this would seem to be willing to participate.
Trigger: $26.89.
Strategy 1: Consider the CIFR 17July 26.00-36.00 call spread for $2.75 projected at trigger level today. Uncappable. Slightly ITM Call Vertical Starter Kit.
Targets: 27.49, 28.62, 29.34, 31.69, 34.68