Reddit Posts
SABR about to POP Time to GET ON THE ROCKET
SABR: Sabre Corporation - 20% Short Interest + Short Squeeze Candidate
$SABR about to get squeezed with 110% institutional ownership and 20% of short float, with 100% upside.
Is $SABR a next squeeze candidate with 109% institutional ownership and 20% of float being short, it got 100% upside from the current levels in return to normal scenario in 6-12 time period, thoughts on this please?
is $SABR a next short squeeze candidate? with 109% institutional ownership and 20% of float being short? Conservative upside is 100% over next year.. thoughts on how to play this?
$SABR: most shorted recovery play with 109% ownership by institutions and 20% of float being short!
SABR, the travel monopoly you never heard of
Calling all travel recovery bulls/bears: Can you tell me why SABR isn't going to double?
Tomorrow, 7/2/2021, TSA airline travelers will surpass 2019 levels for the first time since the pandemic began ✈️📈
SABR. My newest position. Please advise.
If you $LUV the idea of Airlines, I prefer to maneuver like an ICBM
Love from the MOD team might not be in, but $LUV
I prefer to take off like an ICBM, but $JETS
SABR - next target for epic short squeeze?
SABR daily volume is down almost 99% today
SABR volume down 98% today from average
$SABR DD - 19% short interest, cup and handle pattern, travel coming back, vaccinations up, and Biden donating 500 million doses to countries in need
$SABR DD & mini - YOLO - 19.17% short interest, cup & handle, packed flights, COVID down, Biden giving out 500 million vaccines to countries in need so soon world COVID cases will be down too
Why Sabre (SABR) is the ultimate recovery play
Short SABR??? [Sabre Systems IT outage cripples airline operations globally.]
Sabre Corporation: A Short Squeeze Candidate
Why Sabre (SABR) is the ultimate recovery play
Mentions
For 0DTE short strategy, no surface model is being used — market prices on liquid ATM strikes. For multi-day and intraday directional systems it depends on what we need: I use SABR where accurate cross-strike greeks matter (delta, vanna, gamma exposure), SVI where i want arbitrage-free skew/regime signals, plain BS where I am just just solving IV on liquid strikes. I dont use a single model everywhere yet. How do you do it, happy to learn more.
Yall notice that quiet little SABR has popped off over 115% in a week? I did 🤘🤑🤘
SABR and OVID my only penny’s rn, non penny’s I think MRVL is going to be a good bounce on earnings, BROS I am holding but it’s boring this week
SABR consolidating can go to 2+ today if all goes well
SABR has some nice movements too
If the goal is owning SABR lower, selling puts seems reasonable. Premium just helps define the entry.
SABR The damn thing hit a 52 week low… Today
Keep an eye on $LITM. A lot of chatter going on about news dropping. $SABR just hit a 52 week low. I haven’t seen any news on why.
I am bored enough to rant about this lol 1. No, stochastic volatility models are not used for building arbitrage-free volatility surfaces nor they are standard for building forward variance curves. The fact that they are built into Quantlib or Bloomberg (and especially fucking Murex, LOL) does not mean anything - SOTA fitting has very different methodologies and you can do some basic googling to see who are the key players there. 2. No implied volatility model, market (e.g. normal, lognormal or local vol) or stochastic (SLV, SABR etc) is designed to "forecast realized vol", they are tools that normalize option prices with the risk-neutral framework. You do not need them to build arbitrage free surfaces, but you do need them to price and hedge options (and other instruments) consistently. 3. The only practical use for stochastic volatility models is exotics and only exotics that have significant exposure to vol of vol (e.g. nobody uses SABR or Heston to price Asian options or conditional variance swaps). Even then, liquid products like VIX options are priced using vanilla black scholes. 4. Really dude? There are literally two seasoned practitioners (I am a vol arb PM with decades of experience, u/AKdemy is an exotics quant with similar longevity in the market) telling you what is and is not. And yet you're somehow think you're right.
Trading desks don’t literally “build” the daily vol surface by directly fitting Heston or SABR parameters to market quotes, they usually fit an implied-vol parameterization such as SVI/eSSVI that guarantees static no-arbitrage. But those parameterizations themselves are derived from stochastic- or local-vol theory, and the fitted surface is then back-mapped into a local- or stochastic-vol model for pricing and risk. In other words, Heston/SABR aren’t the final interpolation engine; they’re the structural model that ensures dynamic consistency and that links the static surface to time evolution, hedging, and Monte-Carlo paths. Every large shop still needs that linkage, that’s why hybrid local-stochastic frameworks are standard in Murex, Bloomberg, Numerix, etc.
That’s a pretty common misconception, but stochastic-vol models are absolutely used well beyond exotics desks. Heston, SABR, and hybrid local-stochastic vol frameworks are standard for building arbitrage-free volatility surfaces, forward variance curves, and for generating Monte-Carlo paths consistent with observed skew and term structure. They’re not meant to “forecast” realized vol, but to ensure internal model consistency across strikes and maturities. That’s why you’ll find them in every major quant library (QuantLib, Bloomberg, Murex, etc.) and across equity, FX, and rates desks, not just exotics. Calibration used to be the weak point 20 years ago, but modern eSSVI and semi-analytic Heston solvers make it stable and arbitrage-free now.
SABR trying to break 2
Still keep BYND, ABP, BLMZ, INTS, KULR, PLUG, SABR.
Skew ignores the kurtosis part of the vol smile. If you are familiar with the SABR model, given beta, it's solely focusing on the parameter ρ (correlation) and ignore ν (vol of vol). SABR doesn't work well for equities and cannot fit most tech stocks as well as the SPX-VIX complex, especially around earnings or events like FOMC meetings but it is a nice tool to conceptualise IV. See https://quant.stackexchange.com/a/63750/54838 for details and an interactive gif. Or if you are familiar with Vol surface quotations in FX markets, skew is the RR quote, ignoring BF (kurtosis).
https://www.stocktitan.net/news/SABR/world-travel-inc-expands-strategic-partnership-with-sabre-to-drive-b4rzurct8ky7.html
https://www.stocktitan.net/news/SABR/
Was a quant eng on a forex derivs desk for a decade. Never once did a PM or trader ask about realized vol models or surface models that use past observations to fit a surface. They couldn’t have cared less about GARCH, ARIMA, EWMA or any other variant. They only cared about stoch vol models used to fit the vol surface and quote prices. Heston, SABR, SLV. ZABR, etc.
what is everyone's thoughts on SABR? lots of buy activity from hedgefunds and insiders
SABR.. missed by a penny. Revenues for the seasonally weak quarter missed as well. Worth well over $5. Trading a t $1.87. Bought deep at $1.79. Elon Money.
I have to come clean.. I still own SABR from Covid 🤡
You can compute delta via finite difference (bump and reprice) and plug in the associated IVs to get an adjustment. https://quant.stackexchange.com/a/75169/54838 has working python code demonstrating this within the SABR model setup, where it's called Bartlett's delta. In fact, the entire reason for Bartlett (2006) providing a refined delta under the SABR model is to account for the effect of vol. That said, it was shown that for a portfolio that is both delta and vega hedged, the original SABR Greeks given by Hagan et al. (2002) provide essentially the same result as Bartlett’s new SABR Greeks. See for example [Hedging under SABR](https://www.researchgate.net/publication/273718080_Hedging_under_SABR_model) model by Bruce Bartlett in Wilmott Feb 2006. The link with python code also demonstrates this.
I bought SABR because I had just watched the season of The Office when they got bought by Sabre. I made $1500 overnight.
SABR should go up another 3-5% today, if that's worth your time. Hit 7% yesterday, and I though we'd hit 3% tops.
For an exotic derivs desk. the purpose of any volatility model is to try to price all your book under one consistent scheme to get greeks you can trade on under normal market conditions. The problem is, not all models price all products well and some models are very expensive (time wise) to calibrate, so there is a trade off. Getting reliable and stable greeks that you can use to hedge the book is probably the most important. You can also carve out certain types of trades (like crash-cliquets, or worst-of KI 50% puts, or other tail options) to be revalued to compute a P&L reserve and show customers accurate markets. SABR is a model kind of like Heston but has very widespead use in the fixed income world, because its very well understood for a very specific single market (e.g US yields and cap/floor swaptions vols) and the exotics on a fixed income desk really aren't THAT exotic compared to the equity space and traders are used to it. I was on a desk that tried to use Heston to look at a large book of cross asset himalayan options for a structured note offerings, but the model was so slow and unstable that it was pretty much unusable on a day to day basis. We also ran specially tailored full reval scenarios to help with regulatory hedging. Granted this was probably almost 20 years ago , so computation power has increased many magnitudes, but I think the general premise still holds. Is it interesting , sure ... is it useful in a practical sense to justify compute time and costs , Im not so sure.
I haven't done penny stocks in a while, but I just stumbled across SABR and hopped in heavy. Anyone else seeing this one?
SABR $1.1 billion acquisition news. Currently trading at $2.60 and only up 17% so far. Expecting this to run today.
SABR $1.1 billion acquisition news. Currently trading at $2.60 and only up 17% so far. Expecting this to run today.
SABR is pretty common in the rates space, especially once you get out to the vega part of the matrix (gamma is liquid enough to treat it as a "video game", same as equity OMMs treat their books). Obviously, some shops have their own proprietary models, especially the guys who run large rate exotics books. This said, a vol model is not intended to protect you against changes in supply or demand like the ones we saw. If I had to guess, most MM desks did OK because they saw the bid and faded accordingly plus the put skew started getting bid quite early in the cycle.
Do IR options MMs really use SABR? I feel like the vol/spot dynamics implied by SABR are merely a reflection of technicalities (to model rates vol "in between" normal and lognormal models) rather than a reflection of market conditions. I mean, there is no beta parameter in SABR that creates higher (normal) vol at higher rates, which is what we have seen in the last few years as rates went up. How do they deal with this if they are using SABR? They must have lost a lot of money in 2022-2024?
Supply and demand for options changes the cost of optionality, which we generally tend to express as implied vol of an option. Changes in the implied volatility will change the delta of the option - e.g. an OTM call will gain delta if implied vol is going up; the greek that describes this is vanna (\*). In addition, the dynamics of implied vol in response to the movement in spot are usually "injected" into delta using more advanced models (most higher turnover equity OMMs use vol-cor approach, most IR options MMs use SABR etc).
SABR.. hit hard during COVID-19, finally getting back on track.
Anyone in here carrying SABR bags?
Hospitality. No tariffs to worry about and travel industry was hit hard last few years and is still in recovery mode. E.g. AAL, SABR
Dear SABR why are you such a shit stock?
IV naturally varies across strikes and time, it’s called the “IV smile” or “IV surface”. If you want to simulate options prices you’ll want to simulate the smile, too. I use SABR, a four-parameter model that you fit to the IV surface. Let me know if that’s enough to go on, or I can explain more!
Told you! **SABR**: Do we have a liftoff? **Today you fly** $4 → +$6, fly high! 😍✈️ NVDA: $123 👀🔥🚀
SABR. Going strong, will get crazier, especially after ER.  Will **never** sell: NVDA, AMZN. (Decades)\~🚀\~🚀\~🚀
MC and FD is not a model. You might find the following helpful: https://quant.stackexchange.com/a/66476/54838 In terms of approximations, these aren't used anywhere except for where computational power is limited and accuracy doesn't matter (no institutional tool uses these). There is no need to use any other model for American and European (listed vanilla) options. What really matters is your col surface. See https://quant.stackexchange.com/a/73891/54838 for details. No one prices options with Garch either in my experience. You missed a very important topic namely local vol. Any reliable exotic option pricing tool uses SLV, a mixture of local vol and stochastic vol (that's frequently not Heston but other dynamics). See https://quant.stackexchange.com/a/70964/54838 for details. Given your SLV model, you either use a finite-difference solver of the PDE or MC simulation of the SDE for more exotic path-dependent structures. Ultimately, MC should converge to PDE but it is simply more computationally intensive to always use MC. Then you have SABR, shifted LMM, Hull-White, Local vol local correlation, Bachelier (normal) model etc, which are all used heavily (mostly for hybrids or pire FI / rates though). If you have acces to Bloomberg, you can look and test all these running the various pricing tools.
$SABR Showing some muscles. *Respect*.👊😉 I see you 🔥 ... About to 💥
SABR so cooked and waiting for a post-pandemic recovery that has taken farrr too long
SABR - They are the number 2 GDS(Global Distribution System) in this world. They are In high debt due to COVID era travel bans but recovering fast. Great stock for making big profits.
SABR - I have been trading this penny stock for several months and making great profits always. The company is in big debt due to COVID travel bans. However, it is recovering fast and the number 2 company in the world in terms of travel reservations. They call it GDS(Global Distribution System). Almost all airlines in the world use their GDS platform for ticket reservation.
SABR, down 50% Basically the middleman in every airline transaction. Bought it for the hummus and printer memes, watched it inflate on post-pandemic hype, then pop on post-pandemic reality. But I’m still an optimist.
No I think you are right. It's you and me and SABR against the world
Anyone else bag holding SABR? Fuck that stock
Why do you want to use spline? Looking at the screenshot for the 31st of May for example, it looks like a perfectly simple smile but your method fails to fit that even remotely. I suggest to try common methods like [SVI](https://quant.stackexchange.com/a/74336/54838) or [SABR](https://quant.stackexchange.com/a/63750/54838). The jump around 50D on 17th in the actual data must be a data quality issue. Do you use ITM or illiquid options to compute the vol surface as well? In general, your market IV looks very choppy in some charts. I'd double check if you are using market data from the same time stamp or quotes that you cannot simply aggregate.
Absolutely, PapaCharlie9, your points are well-taken. The "main" models I mentioned are indeed starting points for discussion and education rather than exhaustive options for practical application. Institutions often develop bespoke variations tailored to their specific needs and risk profiles, which can indeed make the distinction between "main" and "variant" models somewhat arbitrary and fluid. This is the best I've come up with so far from literature: | Model | Variations | Use Cases | American Options | European Options | Exotic Options | |-------------------------|-----------------------------------|------------------------|------------------|------------------|----------------| | Black-Scholes | - | At the money, | No | Yes | Yes | | | | in the money, | | | | | | | out the money | | | | | Binomial | - Cox-Ross-Rubinstein | At the money, | Yes | Yes | Yes | | | - Jarrow-Rudd | in the money, | | | | | | - Leisen-Reimer | out the money | | | | | Monte Carlo Simulation | - Brownian Motion Models | Path-dependent options | Yes | Yes | Yes | | Finite Difference | - Explicit Method | Complex payoffs | Yes | Yes | Yes | | | - Implicit Method | | | | | | | - Crank-Nicolson | | | | | | Analytical Approximations| - Barone-Adesi and Whaley | Early exercise | Yes | Yes | No | | | - Bjerksund and Stensland | features, | | | | | | | American-style options | | | | | Stochastic Volatility | - Heston Model | Pricing with | Yes | Yes | Yes | | | - SABR Model | stochastic volatility | | | | | Jump-Diffusion | - Merton Model | Discontinuous jumps | Yes | Yes | Yes | | | - Kou Model | in asset prices | | | |
Puts on SABR? Looks like they're stuck in a considerable downtrend and headed for broke? Short interest at 4.16 days to cover, which is down from the start of the year. Revenue for most recent quarter was $687M against a market cap of $827M, but there must be a reason they are trading at such a low P/S multiple, right? Potential counter-argument is that they are in the early stages of a big rollout of their new property management system for Wyndham (9,000+ hotels), but not sure if this will be enough to bail them out of the hole they are in. Please tell me if I'm regarded. ​ ​ https://preview.redd.it/3yuuhkbf2xmc1.png?width=1938&format=png&auto=webp&s=fb82b451fe0ebb30ddd3d2e726f7b61a291f091a
$PATH, $SABR. Best timing ever.
Leaking insider's information - Buy ATUS and SABR calls, thank me next week.
Don’t have the energy to type out all the issues with this, but about the only thing that you typed that I’d agree with is that implied vol tends to be higher than realized vol. “Infinite variance” and “hyperbolic discounting” sound like made up buzzwords. Blindly buying options hoping that tail risk is mispriced is gambling at best and giving away money at worst. Thinking that the phenomenon that implied vol increase as earnings near is because people like to gamble and not because of the fact that variance is not linear with time is completely incorrect as well. There’s plenty of edge to be found with options. All of it has to do with finding a model that you believe is more representative of the underlying price dynamics than the markets interpretation. Given that most people here couldn’t build a black scholes model let alone calibrate a SABR or Heston model, it’s way beyond the scope of this subreddit.
I’d buy more July $5 calls on SABR. I have 20, but I kind of wish I had 1000.
Goodness that's an interesting topic and I'll attempt to give some good answers. So most additional models come down to how to model the time varying nature of volatility and (and possibly price varying nature of volatility). So for instance, sometimes you want to model the skewness of volatility like in interest rate markets. So a SABR model might make sense. Sometimes you really care about the fact that volatility is not constant, but somewhat predictable. I.e you think that future volatility is a function of previous volatility. That's basically at GARCH model.
It is derived from a _theoretical option pricing model_, in this case the Black-Scholes-Merton model, which Natenberg describes at length in his book. Note that there are several other more or less complex models for pricing options: binomial tree, Heston model, SABR model, etc.
Hadn’t looked into it, but a review of their activities shows PLTR to be an investor and has them as a customer. In some ways shows contradictory motives, I’ve done this myself with a supply and manufacturing operation, and the usual customer discipline can be eroded, as “supportive” pricing can be over generous on margin. Wall Street says “Strong Buy” on three analysts. I see their price is moving, they have only been around for a year, and will need to think about them a bit more. An opportunity is around with SABR who have a significant share of airline ticketing: the world is waking up. The “safe passage” south of the Black Sea looks like an ant run on Flight Radar. I have some and they have gained about 20% They have a good way to go to reach their pre-shit down level
hell ya bois , only down now 35% on my sweet SABR investment
Up 26% on my SABR bag today 😎 Still down 45% from my cost basis 
Looks like recession avoided at least in US and U.K. Flights I’ve been on, and airports are full. So the SABR thesis is good, long hold will pay off. Short interest remains in double digits
SABR is going to moon this half
Just got in on SABR a few days ago and its done me OK. They did some layoffs and laid out a 2-year plan, and if today is an indicator and not an aberration, could be a nice summer to travel off the money made off travel.
Position: SABR $5 6/16 Calls. Price is cheap and we got 2 months. Let’s go.
Let suppose we have very illiquid (and unreliable) options market for liquid base asset (stock / currency / …). Some models I know about (Heston 1993, SABR, … all continuous times stochastic volatility models) need to be calibrated on options prices data. And because by initial assumption this data is very poor, so the quality of calibration will be the same (I guess). I know about different phenomena’s that not captured by classical BS model (volatility surface, fat tales of log returns distribution, …). My question is the following: are there any sophisticated models (in comparison to BS; something like GARCH Option Valuation Model (Heston, … 2000)) that theoretically captured main well known options market phenomena’s (vol surface, …), could be estimated / calibrated only on the base assets historical data and the process of estimation is not very complicated / time-consuming? Let suppose, that we analyse situation from the sell-side and need to determine prices for writing the options.
At hump day the leaders in tech this week are: $MARA +31%, $RIOT 27.2%, $MNTV +20.1%, $MSTR +18.6% The laggards: $GTLB (-27.8%), $QTWO (-16.8%), $MAXN (-12.4%), $SABR (-11.7%)
i'm glad i made my moves today. took profits on UNG, and moved it into VOO. also i took a bit of a loss on SABR into VOO. was flat on AMZN, and shifted it into VOO as well. if shits gonna go down i don't want more volatility. i have GOOG shares @ 99, and a 3/17 call at 100 i'm still at risk on, but not gonna pull out on it for now.
How low does $SABR go by the end of the week?
NU beat. Now i just need SABR to beat tomorrow morning and GOOG to start mooning and i can finally quit my job at wendy’s.
Sticking with American Airlines, AAL, largest Airline in the world. Reports full numbers next week the 26th, should do 18-19+ before Earnings, next week. And SABR, largest GDS in the US and second largest worldwide.The entire Transport/Travel industry depends on a GDS ( Global Distributed System ) to provide air flight bookings, Hotel, Car Rental, Rail, Cruise, etc. SABR reports first half of Feb 2023 appx.
>I agree, $SABR is a good buy right now.
$SABR, $AAL, $DAL - Revenge travel is in order for 18.5 % of world population unleashed and back online. Lunar Year, mass exodus from all countries of Chinese going back to visit family not seen for over 3 yrs. Worldwide travel. 2008 crash, not recession, still had travel that boomed compared to covid shutdown and covid zero.
$SABR , $AAL , $DAL can’t stop 18.5% of the worlds population from moving around in the world, especially after Covid Zero Pivot and eviceration. One big Revenge Travel is in order worldwide. Plus it’s lunar year in China and it’s a mass exodus from all countries worldwide back to the worlds largest consumer market. To be with their beloved Chinese family members whom they have not been able to see or join for over three years. $SABR - GOOGLE WHAT A GDS IS. SABRE is the USA’S LARGEST GDS and the Worlds SECOND LARGEST GDS.
thoughts on SABR? Took a big hit today seemingly just due to a BOA downgrade.
Agree, $SABR is currently way below its all time high of $30.
As usually, these expectations should already be priced-in at this point. I am keeping an eye on $SABR, I think it's been hammered pretty badly in the last year or so and is still to make recovery after Covid, but who knows.
Ryanair and SABR, short FTSE
SABR down -84% and this guy talks about value investing. Wow.
Am I the only one playing SABR earnings? Air travel has been up big and they basically get a cut of every ticket sold.
# Tickers of Interest **Gamma Max Cross** * [INDI](https://options.hardyrekshin.com/#INDI) 10/21 7.5P for $0.45 or less * [ETRN](https://options.hardyrekshin.com/#ETRN) 10/21 9P for $0.50 or less * [ERF](https://options.hardyrekshin.com/#ERF) 10/21 15P for $1.05 or less * [LABD](https://options.hardyrekshin.com/#LABD) 10/21 22P for $3.95 or less * [PAA](https://options.hardyrekshin.com/#PAA) 10/21 11P for $0.20 or less **Delta Neutral Cross** * [SABR](https://options.hardyrekshin.com/#SABR) 10/21 8C for $0.45 or less * [AA](https://options.hardyrekshin.com/#AA) 10/21 55C for $3.25 or less * [PM](https://options.hardyrekshin.com/#PM) 10/21 35C for $2.75 or less * [MP](https://options.hardyrekshin.com/#MP) 10/21 205C for $5.35 or less * [AZN](https://options.hardyrekshin.com/#AZN) 10/21 65C for $1.90 or less # Trading Thesis Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the current option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # Notes * If the price has moved past the entry price, exercise caution. Someone knows something that I don't know. * Look to sell half your position on a double, and freeroll the rest to exit at your discretion. * I tend to risk up to 1% of my total capital on any trades I take. If my conviction is lower, I'll only allocate 0.5% or even 0.25% of my capital to the trade, and dollar cost average in. # FAQ * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn.
yeah I remember finding sick plays on companies like SABR and other major but under the radar companies
SABR also went down but still hasn’t recovered
# Tickers of Interest **Gamma Max Cross** * [AR](https://options.hardyrekshin.com/#AR) 10/21 42P for $4.35 or less * [OIH](https://options.hardyrekshin.com/#OIH) 10/21 245P for $16.05 or less * [PPL](https://options.hardyrekshin.com/#PPL) 10/21 30P for $0.75 or less * [ALNY](https://options.hardyrekshin.com/#ALNY) 10/21 210P for $11.10 or less * [SOXS](https://options.hardyrekshin.com/#SOXS) 09/16 40.5P for $4.15 or less **Delta Neutral Cross** * [PINS](https://options.hardyrekshin.com/#PINS) 10/21 21C for $0.95 or less * [SABR](https://options.hardyrekshin.com/#SABR) 10/21 8C for $0.30 or less * [CRWD](https://options.hardyrekshin.com/#CRWD) 10/21 195C for $16.55 or less * [VTRS](https://options.hardyrekshin.com/#VTRS) 10/21 11C for $0.25 or less * [MA](https://options.hardyrekshin.com/#MA) 10/21 345C for $13.50 or less # Trading Thesis Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the current option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # Notes * If the price has moved past the entry price, exercise caution. Someone knows something that I don't know. * Look to sell half your position on a double, and freeroll the rest to exit at your discretion. * I tend to risk up to 1% of my total capital on any trades I take. If my conviction is lower, I'll only allocate 0.5% or even 0.25% of my capital to the trade, and dollar cost average in. # FAQ * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn.
PT 1 - 9.57 PT 2 - 11.21 Realistic PT with NO ADOPTION by the WSB community as a real bonified MEME STOCK If we break those levels of resistance it can climb to 12 - 16. NOW IF THE WSB community gets behind it and makes it into a bonified Meme Stonk and likes the stock... well current market cap is 2 billion , if it went up like AMC OR GME,well AMC is at 12.63B Market cap and currently GME is at a slightly lower 12.41B market cap. If SABR went to 12B Market cap PT would be around 40 - 48$
# Tickers of Interest **Gamma Max Cross** * [CLF](https://options.hardyrekshin.com/#CLF) 09/16 19P for $0.85 or less * [RCL](https://options.hardyrekshin.com/#RCL) 09/16 40P for $2.35 or less * [LAZR](https://options.hardyrekshin.com/#LAZR) 09/16 9.5P for $0.55 or less * [SABR](https://options.hardyrekshin.com/#SABR) 09/16 7P for $0.10 or less * [TECK](https://options.hardyrekshin.com/#TECK) 09/16 32P for $1.65 or less **Delta Neutral Cross** * [IWM](https://options.hardyrekshin.com/#IWM) 09/16 195P for $4.40 or less * [FCX](https://options.hardyrekshin.com/#FCX) 09/16 32C for $1.60 or less * [SQ](https://options.hardyrekshin.com/#SQ) 09/16 90C for $6.60 or less * [KRE](https://options.hardyrekshin.com/#KRE) 09/16 65/66 Strangle for $3.70 or less combined * [SMH](https://options.hardyrekshin.com/#SMH) 09/16 240C for $8.95 or less # Trading Thesis Technical analysis and indicator based trading tend to use past price performance in order to predict important price levels today. This analysis is based on the option open interest. With that option open interest, it calculates portfolio-level greeks--notably Delta and Gamma. More importantly, once the portfolio level greeks are established, I can now simulate the change in greeks at different price points. From there, I can find the price levels where portfolio-level gamma is the highest, and the portfolio-level delta is close to 0. For some tickers, the underlying price reacts strongly off of delta neutral, gamma max, and sometimes both. It's the reaction off of these price levels in the past that is being used to drive trading signals. The plays and target entry prices given are calculated using a binomial option pricing model that reflect the expected size and duration of the reaction from gamma max or delta neutral. A lot of these plays are profitable by underlying moves in stock. The best plays benefit from the directional move as well as the increase in IV. # Notes * If the price has moved past the entry price, exercise caution. Someone knows something that I don't know. * Look to sell half your position on a double, and freeroll the rest. * I tend to risk up to 1% of my total capital on any trades I take. If my conviction is lower, I'll only allocate 0.5% or even 0.25% of my capital to the trade, and dollar cost average in. # FAQ * These plays are mostly puts. Are you a gay bear? * No. It so happens that the companies have had some recent run-up which implies they are overextended. These trades are primarily some form of mean-reversion either toward or away from an important price level. * Are you entering all these plays? * No. There have been a dearth of plays in the WSB morning talks, and so I opened up my bag of tools slightly wider to point out more plays with a probable edge to help lead apes to more gain porn. Go through this curated list of plays, pick the ones you like based on whatever additional analysis you use, and get that gain porn.
SABR. Software and Tech company that supports the travel industry
Everything travel/hotel seems to be tanking today, no idea why. SABR is down 7% even thought the results and guidance seemed to be pretty good.