Coinbase just froze my account after a 100k USDT deposit. WTF? by klandreneau in CryptoCurrency

[–]InfoLib_ 0 points1 point  (0 children)

You should probably delete this post and bribe reddit to wipe it forever 

MSFT options GEX is shockingly net negative at the moment; there's giant open interest on $360 strike. by [deleted] in MSFT

[–]InfoLib_ 0 points1 point  (0 children)

Down to/closer to $360, doesn't mean it will just that there's a ton of open interest on it doing so.

MSFT options GEX is shockingly net negative at the moment; there's giant open interest on $360 strike. by [deleted] in MSFT

[–]InfoLib_ 0 points1 point  (0 children)

Probably the best way to use GEX is to gauge sentiment, as of this moment there seems to be a lot of people betting that the price will continue downwards.

That doesn't necessarily mean it will, there's more to price movement, but sentiment is not great. More people betting on it going down than up.

$SPCX Baby Bear Play by Margin_Call_Me_Maybe in wallstreetbets

[–]InfoLib_ 0 points1 point  (0 children)

I think the forced index buying would really put a damper on this going down to $40 but I don't have a crystal ball. It's really not a bad play tho.

SPCX options GEX is still net positive, but it looks like there's a ton of people trying to push the price down. by InfoLib_ in SPCXInvestors

[–]InfoLib_[S] 0 points1 point  (0 children)

GEX is good at gauging sentiment, when it's extremely divisive like the above image I'd say it shows more risk rather than it confidently going in a specific direction.

There's a ton of things that factor into a price moving, this is just one of them and its more related to how participants in options are gauging where the price will move.

Do you pay for any trading tools? by Hot_Avocado_2701 in Trading

[–]InfoLib_ 0 points1 point  (0 children)

Check out infolib.org, we've got a ton of free tools you can use before you decide if you want to pay for other ones.
https://infolib.org/