Watching a few option names today.
$Intel(INTC)$ : The stock is forming a flag breakout pattern on the daily chart. It had a strong move on Friday. I'm looking for calls above $130 for a move towards $150 and higher. There's multiple call buying for the July 17th $150 strike.
$Marvell Technology(MRVL)$ : The stock is also flagging on the daily, and I'm watching for a potential breakout. There are multiple call buyers stepping in. Calls above $285 look good for a move towards $300 and higher.
$Robinhood(HOOD)$ : This one has a weekly gap to fill from $96 to $99.75. Looking for the gap to fill and more upside above $100 for a move towards $110 and higher. The stock is at a flat resistance at $96.
$Dell Technologies Inc.(DELL)$ : Daily chart shows a flag pattern, similar to MRVL. Looking for calls above $300 for a move towards $325 and $350. The stock looks decent at the current indicator level.
$Delta Air Lines(DAL)$ : Should benefit from falling oil prices. With the Iran deal done, the stock hit all-time highs in the overnight market. I'm looking for a move towards $90 and higher if $85 holds.
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