$SID 17/07/26 0.5c

Investor summaryNeutral

Author monitors $SID 0.5c call due to favorable Greeks and strong support, but lacks upside catalysts.

Bull points

Favorable option Greeks including low theta and massive delta.
Underlying price is currently sitting at a strong technical support level.

Bear points

Lack of technical confluence or catalysts to support an upside move.
No fundamental analysis provided to justify a long position.

SID

Post body

Keeping an eye on this contract.

Very reasonable spreqe

Super low theta

Massive delta

Calm gamma.

What's not to like.

This is not a full on analysis of the company or any of that sort. I'm a technical trader and for me all the Greeks are aligned. Price at strong support.

My only reservation is I don't see any confluence to back up the upside. Hence only keeping an eye for now. However I am tempted to take a small position before the spread gets unreasonable.

NFA DYOR. All the best

Discussion · top comments

No comment snapshot fetched for this post yet.

View original post & all comments on Reddit ↗