GETY - Low Float Redemption Play

GETY saw a good pump this morning. Adding this to get some more test data. As far as the play goes take profit if you’ve got it as a dump is more likely at this point than a continued run (see IRNT). Putting this on scalping signals.

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GETY is in a uptrend. The current trend matches the sentiment of the play. It’s suggested that you wait until the next BUY signal or weakening downtrend signal before taking entries on this bullish play.

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This part will be automated in the near future but for now the OI today is:

ITM OI currently accounts for 139.05% of float (508311). OI accounts for 139.05% over the next strike (false) and the whole chain accounts for 139.05%.

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And here are yesterdays numbers:

ITM OI currently accounts for 120.87% of float (508311). OI accounts for 124.14% over the next strike (17.5) and the whole chain accounts for 124.14%.

Not a huge boost tbh. Historically I think if the ITM OI number stagnates or recedes the play is likely over.

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Morning Update
The last AH signal for GETY was a SELL on the 3m Timeframe

The last signal can occasionally be indicative of a sustained trend, however opening volatility can quickly change the situation so be sure to be mindful and take profit if you see it.

A Normal Sell Signal has Turned Strong on 3m Timeframe for GETY. Consider Dropping Calls.

Potential Downtrend Weakening/Reversal Point on 1m Timeframe for GETY. This may be a good spot to start scaling into calls.

Positioning before 10AM is generally not reccomended due to increased volatility

Potential Downtrend Weakening/Reversal Point on 3m Timeframe for GETY. This may be a good spot to start scaling into calls.

Confirmed Buy Alert on 3m Timeframe for GETY.

Potential Uptrend Weakening/Reversal Point on 1m Timeframe for GETY. This may be a good spot to start scaling out of calls.

A Normal Buy Signal has Turned Strong on 3m Timeframe for GETY. Consider Dropping Puts.

Potential Uptrend Weakening/Reversal Point on 3m Timeframe for GETY. This may be a good spot to start scaling out of calls.

Confirmed Sell Alert on 3m Timeframe for GETY.

A Normal Sell Signal has Turned Strong on 3m Timeframe for GETY. Consider Dropping Calls.

Strong Confirmed Buy Alert on 3m Timeframe for GETY.

A Normal Buy Signal has Turned Strong on 3m Timeframe for GETY. Consider Dropping Puts.

Strong Confirmed Sell Alert on 3m Timeframe for GETY.

Potential Downtrend Weakening/Reversal Point on 1m Timeframe for GETY. This may be a good spot to start scaling into calls.

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Morning Update
The last AH signal for GETY was a STRONG SELL on the 3m Timeframe

The last signal can occasionally be indicative of a sustained trend, however opening volatility can quickly change the situation so be sure to be mindful and take profit if you see it.

Confirmed Buy Alert on 3m Timeframe for GETY.

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