AFRM Trade on Oct 6, 2021 14:29 from Marius: Tradervue User Stock Trades.

Markets opened on selling momentum from last week with continued agenda's. More notably there was persistent elevated volatility until mid-week when the debt ceiling was addressed and extended until December 3rd to allow more time. The market strongly rallied here but mid to higher time frame price action still showing sellers in control. Earnings season starts next week with financials reporting.

Fundamentals In Play Analysis

Affirm Holdings is part of an industry sector that has been gaining market interest in the area of finance. They offer "Buy Now, Pay Later Options" which is showing a consumer trend shift for spending. They had recently partnered with Amazon and provided good earnings performance. Today it was announced they have also partnered with Target. This will be growing and expanding to their core business model with the industry/sector tailwind.

Quantitative Analysis

Intraday Fundamentals

RVOL 6.28
AVOL 8.40M
ATR 11.78
Beta -
VIX 21
Volatility 10.95% 9.86%
Short Float 9.58%
Shs Float 97.01M
Inst Own 64.10%
Market Cap 36.74B

Options Statistics + Tape Reading + Order Flow + Dark Pool Levels + Flow Sentiment

SI 5.485
IV 92.15%
IVP n/a
P/C 0.465
VWAP 124.991

Options Positioning

OI 1285 837
VOL 1265 639
Delta -.02 -.01
Theta -.12 -.07
Vega .01 .00
Gamma .00 .00
Prob T 5.92% 3.60%
Prob ITM 3.02% 1.84%
MMM +/- 9.563
IV Series 106.13%

Technical Analysis

Trade Setup/Execution Grade + Risk (risk:premium) + Positioning + Size/Allocation Management & Review

(B/C) setup / (B) execution. 1/.05RP, conservative positioning, 10% dynamic scaling position. Size could have been added here on entry. I did scale more after getting more confirmation on the lower time frame. Just an overall trading theme within my process for the week to take some risk off due to volatility and earnings approaching. Will work on adding size on entry when putting the risk on makes sense within my playbook and processes.