685 Prints Down to 4 Squeeze Plays in Three Clicks

Don here...

Brandon Chapman ran a live squeeze scan this morning using the Ghost Prints console.

He started with 685 pre-screened option prints and narrowed it to four high short interest candidates in about three clicks.

The market was bouncing on short covering.

QUBT up 20%. PLUG up 4.4%. Brandon wanted to know if the option flow was backing the squeeze or if it was just noise.

In today's Live Trading Room session replay, you'll see:

The LYFT earnings setup building at the $17 strike. 10,000 contracts bought in a single print at the ask. March 20 expiration. Earnings hit Tuesday after the close. Brandon flagged $17 as a gamma squeeze level and plans to evaluate Monday before executing.
Why the IRON $46/$48 call spread prices at 75 cents with a 70% target. Volatility at the 65th percentile is pushing strikes further out of the money. But the spread is Vega positive while out of the money. If price pushes toward $48 and IV drops, you collect without needing max gain. Brandon set 80 cents as the absolute fill ceiling.
How Brandon filtered for block trades with three or more squeeze bars. Volume to open interest ratio above 1.2 isolated the biggest institutional prints. Sorting by squeeze ranking revealed which names had real short interest backing the flow. Two of the four candidates turned out to be rolls. The console caught what Thinkorswim could not.
Why the VIX ratio snapped back to 13 in one session. Skew dropped to 137 yesterday as hedges came off during the selling. Today it ripped back. Brandon walked through why the volatility structure still signals danger despite the bounce.

Brandon made something clear about today's buyers. The institutions stepping in are shorts covering.

Not new money. The conditions for a deeper pullback are still intact. We have not even hit a 5% drawdown yet.

The IRON trade and the LYFT earnings setup are the two worth watching.

Brandon will revisit LYFT on Monday with a full open interest breakdown using historical prints from the console.

→ Watch Brandon's complete console walkthrough showing the squeeze scan, IRON spread construction, and why today's bounce doesn't change the bearish setup

To your success,

Don Kaufman
Chief Market Strategist, TheoTRADE

P.S. Brandon's walking through his full squeeze detection process live on Monday at 2PM ET. You'll see exactly how he filters 685 prints down to the handful worth trading - and how to spot the difference between real institutional pressure and noise. If you're tired of chasing moves after they've already happened, this is your chance to see the system in action.

👉 REGISTER FOR MONDAY'S WEBINAR →

Helping You Become a Better Trader...it's What We Do. Experience TheoTrade® Today!

Whether you are a beginning, intermediate, or active trader, you will find a treasure chest of valuable trading education resources, both free and paid, that will help take your trading to the next level. We are committed to helping you become the best trader you can be.

Disclaimer: Neither TheoTrade.com or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, registered investment adviser, registered broker-dealer or FINRA |SIPC |NFA-member firm. TheoTrade does not provide investment or financial advice or make investment recommendations. TheoTrade is not in the business of transacting trades, nor does TheoTrade agree to direct your brokerage accounts or give trading advice tailored to your particular situation. Nothing contained in our content constitutes a solicitation, recommendation, promotion, or endorsement of any particular security, other investment product, transaction or investment.Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time. Past Performance is not necessarily indicative of future results.

TheoTrade

PO Box 24790 Christiansted, Virgin Islands 00824
1 (800) 256-8876

support@theotrade.com

Want to change how you receive these emails?

You can Update your preferences

Theotrade.com | Privacy Policy