A Curated Platform of Equity & Options Market Intelligence
Select Page

Member Content

Restaurant Software Provider Setting up Trendline Breakout

by | Aug 27, 2024

Toast (TOST) shares of the restaurant software name are curling higher and setting up a trendline break above the key level of 25 for a potential rally back up to the monthly value high near 27. A quick trade potential offering a good risk to reward ratio and only if it closed above 25 would it trigger. TOST has spent the summer consolidating in a healthy sideways pattern on top of its yearly value and YTD VWAP support which sits at 22.80 currently and was a perfect buy the dip spot early this month during the market selloff. TOST saw recent buys of 1500 Sept 6th $24 calls at which remain in OI and over 2300 Sept $26 short puts still holding.

Not a Member yet?
Subscribe to
OptionsHawk Premium
Subscribe

Options Hawk Max

$399 | 30 days

  • Options Hawk Trading Hub Live Chat
  • Hawk’s Market Blitz
  • Spotlight Trades (2 Per Week)
  • Market Recap
  • Weekly Earnings Snapshots
  • Live Mock Portfolio
  • 1 on 1 Access
  • Hawk’s Trader Toolbox
  • Street Research
  • OptionsHawk Research
  • Daily Options Radar
  • OptionHawk’s Weekly Radar Report
  • Options Hawk Market Outlook Access
  • Daily Earnings Grid
  • Weekly and Monthly OpEx Sheets
  • Notable Options Database
  • OptionsHawk Quarterly Market Brief

More About this Plan

Options Hawk Elite

$199 | 30 days

  • Hawk’s Market Blitz
  • Spotlight Trades (2 Per Week)
  • Market Recap
  • Weekly Earnings Snapshots
  • OptionsHawk Research
  • Daily Options Radar
  • OptionHawk’s Weekly Radar Report
  • Options Hawk Market Outlook Access
  • Daily Earnings Grid
  • OptionsHawk Quarterly Market Brief

More About this Plan