**💊 LLY WEEKLY TRADE IDEA — BEARISH PRESSURE BUILDING**
📉 **Sentiment:** Strong bearish lean (70% confidence) — low RSI, high volume distribution.
📊 **Institutional Flow:** 1.7x weekly volume, puts stacking near key strikes.
⚠ **Risk:** Gamma risk + oversold → expect high volatility.
**🛠 Setup:**
* **Direction:** PUT (Short bias)
* **Strike:** \$615
* **Expiry:** 2025-08-15
* **Entry:** \$2.20 – \$2.40
* **PT:** \$3.30 (50-100% gain target)
* **SL:** \$1.20 (\~40-50% loss cap)
📌 **Why?**
* Daily RSI \~20, Weekly RSI \~33 → both falling
* Institutional selling pattern confirmed
* Bearish volume + neutral C/P ratio tilt
💡 *Timing is key — oversold = possible dead-cat bounce before breakdown to \$605 support.*
📉 **Sentiment:** Strong bearish lean (70% confidence) — low RSI, high volume distribution.
📊 **Institutional Flow:** 1.7x weekly volume, puts stacking near key strikes.
⚠ **Risk:** Gamma risk + oversold → expect high volatility.
**🛠 Setup:**
* **Direction:** PUT (Short bias)
* **Strike:** \$615
* **Expiry:** 2025-08-15
* **Entry:** \$2.20 – \$2.40
* **PT:** \$3.30 (50-100% gain target)
* **SL:** \$1.20 (\~40-50% loss cap)
📌 **Why?**
* Daily RSI \~20, Weekly RSI \~33 → both falling
* Institutional selling pattern confirmed
* Bearish volume + neutral C/P ratio tilt
💡 *Timing is key — oversold = possible dead-cat bounce before breakdown to \$605 support.*
Free Signals Based on Latest AI models💰: QuantSignals.xyz
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.
Free Signals Based on Latest AI models💰: QuantSignals.xyz
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.