Yes, the hit piece was unexpected, but I called the top before the top was in and it played out exactly the same way I said. Perhaps more faith?
Ok. Let's go back to this.
This guy presents 2 different kinds of "data". 1 is order (stock) flow and the other is option flow.
His order flow is just chicken and egg. Of course after a 6% green day there is going to be huge inflow on the tape. Who would have thought? And we're supposed to take it as some sort of "data"?
His interpretation of option flow is ok. Not accurate, but the way he uses it as if it was 100% accurate is reasonable. However, note that I told you option flow in TSLA was really bullish on Wednesday morning right after ER, not Thursday evening. If you really read my msg and took it seriously, you would have been more vigilant in buying the dips.
Now, even when option flow is really bullish, it doesn't always translate to real bullish price action. In this case, off of a low, option flow is going to be bullish because people / algos previously dumping calls are now rushing to buy them back - those are the early birds. We should be more like them but we lack the mechanical execution and data that they have to act this promptly. Bullish option flow off of a low should be expected. It creates a mini gamma squeeze. However, it can be met with real stock selling by other participants who didn't find this reversal as legit. At first the selling will be overwhelmed by the covering but at some point the covering is going to sputter out. Like this morning, predicted by me yesterday.
So, the earlier you catch this bullish option flow, the better. If you catch it too late, like this guy did, what awaits you may just be very expensive call premiums that usually spell the end of a gamma squeeze. If we get bullish option flow at the end of this next pull back, then better stay out of its way.
Seriously, who on Twitter or Youtube predicted a top this morning?