🔥🚀 **OPEN Weekly Call Play: High Conviction Momentum Setup!** 🚀🔥
📊 **Trade Breakdown (2025-08-23)**
* 🎯 **Ticker**: \
OPEN
* 🔀 **Direction**: CALL (LONG)
* 💵 **Strike**: \$5.50
* 🎯 **Entry Price**: \$0.72
* 🛑 **Stop Loss**: \$0.36 (50% of premium)
* 🎯 **Profit Target**: \$1.44 (+100%)
* 📅 **Expiry**: 2025-08-29
* 📈 **Confidence**: 85%
* ⏰ **Timing**: Enter at market open, exit by **Thursday** to avoid Friday gamma risk
💡 **Why this setup?**
✅ Multi-timeframe momentum (RSI daily 78.6 / weekly 85.9 — both rising 🚀)
✅ Institutional accumulation (volume +1.5x 📊)
✅ Strong call flow dominance (3.5:1 Call/Put ⚡)
✅ Low premium, high reward/risk setup 🎯
⚠️ **Risks**: Macro events + binary catalysts could cause volatility → strict stop & early exit rule!
📊 **Trade Breakdown (2025-08-23)**
* 🎯 **Ticker**: \
OPEN* 🔀 **Direction**: CALL (LONG)
* 💵 **Strike**: \$5.50
* 🎯 **Entry Price**: \$0.72
* 🛑 **Stop Loss**: \$0.36 (50% of premium)
* 🎯 **Profit Target**: \$1.44 (+100%)
* 📅 **Expiry**: 2025-08-29
* 📈 **Confidence**: 85%
* ⏰ **Timing**: Enter at market open, exit by **Thursday** to avoid Friday gamma risk
💡 **Why this setup?**
✅ Multi-timeframe momentum (RSI daily 78.6 / weekly 85.9 — both rising 🚀)
✅ Institutional accumulation (volume +1.5x 📊)
✅ Strong call flow dominance (3.5:1 Call/Put ⚡)
✅ Low premium, high reward/risk setup 🎯
⚠️ **Risks**: Macro events + binary catalysts could cause volatility → strict stop & early exit rule!
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.