Options & Intraday Trading Setups to Watch This Week 🔍
🧠 GEX Analysis & Options Sentiment (Tanuki)
* GEX Sentiment: Mildly Bullish
* CALLs Volume: 10.6% → Neutral-to-Weak Bullish
* IV Rank (IVR): 26.3 → Low implied volatility rank
* IVx Avg: 33.9 → Neutral options environment
Gamma Walls / Levels to Note:
* Resistance (Call Walls):
* $230 = Highest positive NETGEX / Resistance
* $232.5 = GEX8 (18.57%)
* $235 = 3rd Call Wall
* Support (Put Walls):
* $222.5 = Strongest GEX Put Support
* $220 = GEX6 (13.48%)
* $217.5–$212.5 = Additional soft Put Walls
→ Suggested Option Plays Based on GEX:
* Bullish Scenario (above 226.5):
* Buy $230C expiring this or next week. Target resistance at $230–$232.
* Avoid heavy premium; use spreads for low IV.
* Bearish Scenario (breaks 222.5):
* Buy $220P if price loses $223 with volume confirmation.
* Add $217.5P runner if 220 breaks.
📉 1-Hour Chart Technical Setup (SMC, CHoCH, BOS)
* Market Structure:
* Still in Uptrend but showing early weakness.
* Recent CHoCH formed at 225.80 area, BOS confirmed below intraday trendline.
* Key Price Zones:
* Support Zone: 222.5–219.7 (Demand + GEX Put wall)
* Resistance Zone: 226.6–230.0 (CHoCH supply + GEX CALL wall)
* Trendline Watch: Bullish channel tested, rising diagonal support still holds.
* Breakdown Risk: Below 223 could flip structure to bearish short-term.
📊 Trading Plan Based on Price Action:
If Bullish:
* Entry above 226.6 (hold above BOS + reclaim trendline).
* Target: 230 → 232.5
* Stop-loss: Below 225.3
If Bearish:
* Entry below 223.3 with candle close.
* Target: 220 → 219.7
* Stop-loss: Above 225.5
Scalpers: Watch for liquidity sweeps at 225–226 for fast rejection or reclaim setups. Swing traders: Wait for clean direction post-break of 230 or 222.5.
🧭 Final Thoughts:
AMZN is consolidating under gamma resistance at $230 while sitting on soft structure. Options are pricing in a neutral bias, but a breakout could cause a gamma squeeze above $230. Watch the CHoCH and BOS areas closely this week. Stay reactive — let price lead.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk responsibly.
🧠 GEX Analysis & Options Sentiment (Tanuki)
* GEX Sentiment: Mildly Bullish
* CALLs Volume: 10.6% → Neutral-to-Weak Bullish
* IV Rank (IVR): 26.3 → Low implied volatility rank
* IVx Avg: 33.9 → Neutral options environment
Gamma Walls / Levels to Note:
* Resistance (Call Walls):
* $230 = Highest positive NETGEX / Resistance
* $232.5 = GEX8 (18.57%)
* $235 = 3rd Call Wall
* Support (Put Walls):
* $222.5 = Strongest GEX Put Support
* $220 = GEX6 (13.48%)
* $217.5–$212.5 = Additional soft Put Walls
→ Suggested Option Plays Based on GEX:
* Bullish Scenario (above 226.5):
* Buy $230C expiring this or next week. Target resistance at $230–$232.
* Avoid heavy premium; use spreads for low IV.
* Bearish Scenario (breaks 222.5):
* Buy $220P if price loses $223 with volume confirmation.
* Add $217.5P runner if 220 breaks.
📉 1-Hour Chart Technical Setup (SMC, CHoCH, BOS)
* Market Structure:
* Still in Uptrend but showing early weakness.
* Recent CHoCH formed at 225.80 area, BOS confirmed below intraday trendline.
* Key Price Zones:
* Support Zone: 222.5–219.7 (Demand + GEX Put wall)
* Resistance Zone: 226.6–230.0 (CHoCH supply + GEX CALL wall)
* Trendline Watch: Bullish channel tested, rising diagonal support still holds.
* Breakdown Risk: Below 223 could flip structure to bearish short-term.
📊 Trading Plan Based on Price Action:
If Bullish:
* Entry above 226.6 (hold above BOS + reclaim trendline).
* Target: 230 → 232.5
* Stop-loss: Below 225.3
If Bearish:
* Entry below 223.3 with candle close.
* Target: 220 → 219.7
* Stop-loss: Above 225.5
Scalpers: Watch for liquidity sweeps at 225–226 for fast rejection or reclaim setups. Swing traders: Wait for clean direction post-break of 230 or 222.5.
🧭 Final Thoughts:
AMZN is consolidating under gamma resistance at $230 while sitting on soft structure. Options are pricing in a neutral bias, but a breakout could cause a gamma squeeze above $230. Watch the CHoCH and BOS areas closely this week. Stay reactive — let price lead.
Disclaimer: This analysis is for educational purposes only and does not constitute financial advice. Always do your own research and manage risk responsibly.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.