38.11% down cover with 10 become 5.36%

 

2-23-2026 monday 339$

🔴 1. Price Action (Main Chart)

• Current price: 680.94
• Down about -1.23%
• Multiple large red candles
• Price moving inside a descending channel

What this means:

• Sellers are in control.
• Each bounce is weak and making lower highs.
• Candles are closing near their lows → strong bearish pressure.

This is not sideways. This is active selling momentum.

📉 2. Trend Structure

You can see:

• Lower high → lower low → lower high → lower low
• Price riding the bottom of the channel

This confirms:

➡️ Bearish intraday structure

➡️ Momentum continuation down

📊 3. Wave Trend Indicator (Bottom)

• Values around -53 to -60
• Histogram still red
• No strong bullish divergence visible yet

This tells us:

• Market is oversold but still weak
• No confirmed reversal signal yet
• Selling pressure is still active

Oversold does NOT mean buy immediately.

It can stay oversold in strong trends.

⚠️ 4. What This Means for Trading

If you’re thinking:

🟢 Calls?

Not ideal right now.

You would be trading against momentum.

🔴 Puts?

Trend-following side is bearish.

But:

• It’s already extended.
• Risk of short bounce (dead cat bounce) exists.

Best setups usually come on:

• Break → Retest → Rejection
• Or bounce to VWAP / EMA and fail

🎯 Key Levels to Watch

• 681.75–682 area → resistance (recent breakdown area)
• 680 area → psychological level
• If 680 breaks cleanly → continuation possible

🧠 My Simple Read

This is:

• Strong intraday bearish trend
• Momentum controlled by sellers
• No clear reversal yet

If you trade options:

• Wait for pullback before puts
• Don’t chase extended candles
• Watch volume and structure

 

 RUBI 1stock

 AVG 33.91 

(96.20)  % DOWN

MARKET 1.29  

Study that When candle touch the MA and when candle touch the BOLL can you compare the outcome ?

 

0.25 under the candle mean price for call option

 hy it appears under the candle

Thinkorswim shows a small price label next to the most recent candle to help you see exactly where that candle closed. In your screenshot:

The option shown is SPY 5689 20 Feb 26 Call.

The candle you are pointing to has a price level marked as 0.25.

This means that candle’s closing (or last traded) price was $0.25 per contract (or $25 per contract since options multiply by 100).

Summary

0.25 = the option’s price at that point in time.

If you want, I can explain how to customize or remove those labels in Thinkorswim.

AGIG down 25% on 2/20/2026

 Based on the relevant information I have found, AGIG (Abundia Global Impact Group Inc.) declined today mainly due to broader market weakness in technology-related stocks and evident short-term capital outflows rather than any major company-specific negative announcement.

📉 1. Broader Market Pressure

Recent market news shows that:

Software and tech stocks opened the week under pressure.

Investors remain cautious about AI-driven disruption and valuation concerns.

Risk sentiment appears weaker, leading to sector-wide pullbacks.

When smaller-cap or lower-liquidity stocks like AGIG trade in a risk-off environment, they often experience amplified downside volatility.

💰 2. Capital Flow Data (Today)

From today’s trading data:

Total Inflow: ~$3.19M

Total Outflow: ~$4.39M

Net Outflow: ≈ $1.2M

Breakdown:

Large outflows (~$1.64M) exceeded large inflows (~$0.91M)

Small outflows (~$2.20M) also exceeded small inflows (~$1.88M)

This indicates selling pressure outweighed buying demand, which directly contributed to the price decline.

⚖️ Bullish vs Bearish Factors

Bearish factors (currently stronger):

Net capital outflow

Weak sentiment in growth/tech-related stocks

Larger sell orders dominating buy orders

Bullish factors:

No major company-specific negative news detected

Some inflow still present (not a complete liquidity vacuum)

On balance, bearish factors are stronger in the short term, mainly due to market sentiment and capital flow dynamics.

delta

 In options trading, Delta (Δ) measures how much an option’s price changes when the underlying stock moves by $1.

What Is Delta?

Mathematically:

Δ

=

∂

𝑉

∂

𝑆

Δ=

∂S

∂V

​

Where:

V = Option price

S = Underlying stock price

👉 Delta tells you the sensitivity of the option price to stock movement.

🔹 Simple Example

If a call option has:

Delta = 0.60

Then:

If the stock rises $1 → option gains ~$0.60

If the stock falls $1 → option loses ~$0.60

Since 1 contract = 100 shares:

$0.60 × 100 = $60 change per contract

🔹 Delta Range

Option Type Delta Range

Call Option 0 to +1

Put Option -1 to 0

ATM options ≈ 0.50 (calls) or -0.50 (puts)

Deep ITM calls ≈ 0.80–0.99

Deep OTM calls ≈ 0.01–0.20

🔹 What Delta Also Represents

1️⃣ Probability Approximation

Delta roughly represents the probability the option expires ITM.

Example:

Delta 0.70 ≈ 70% chance of expiring in-the-money.

(Not exact, but commonly used as a quick estimate.)

2️⃣ Share Equivalent (Hedge Ratio)

Delta shows how many shares your option behaves like.

Example:

1 call with Delta 0.60 ≈ 60 shares of stock exposure.

So:

10 contracts × 0.60 × 100 = 600 share equivalent

🔹 How Delta Changes (Gamma Effect)

Delta is not fixed. It changes when the stock price moves.

4

As calls move ITM → Delta approaches 1

As calls move OTM → Delta approaches 0

Gamma controls how fast delta changes.

🔹 Why Delta Matters

Delta helps you:

Estimate profit/loss from stock moves

Choose strike prices

Manage risk

Hedge positions

Build neutral strategies (delta-neutral trading)

🔹 Quick Intuition

Think of Delta like:

The “speed” of the option relative to the stock.

If the stock moves fast and your delta is high → your option moves almost as much as the stock.

If you'd like, I can also explain how delta works together with theta and gamma in real trades, or show examples of delta-based strategy selection.

theta

 In options trading, theta (Θ) measures how much an option’s price decreases as time passes — this is known as time decay.

🔹 What Is Theta?

Theta = the rate of change of an option’s price with respect to time, assuming all other factors (stock price, volatility, interest rates) remain constant.

Mathematically:

       ∂𝑉

Θ=----------

           ∂𝑡

​

Where:

V = Option price

t = Time to expiration

🔹 What Does Theta Tell You?

It shows how much value an option loses each day due to time passing.

Expressed as a negative number for long options (because they lose value over time).

Expressed as a positive number for option sellers (they benefit from time decay).

🔹 Example

If an option has:

Theta = -0.05

This means:

👉 The option will lose about $0.05 per day in value

👉 That equals $5 per contract per day (since 1 contract = 100 shares)

13 Feb 2026 SPY

OPEN

681.69

PREV CLOSE

681.27

HIGH

686.28

LOW

677.52

VOLUME

36.15K

TURNOVER

0

52 WEEK HIGH

697.84

52 WEEK LOW

477.64

TOTAL ASSET

702.50B

YTD YIELD

13.12%