A Curated Platform of Equity & Options Market Intelligence
Select Page

Member Content

Semiconductor Builds Bull Flag After Sharp Rebound off Support

by | Aug 25, 2024

KLA Corp (KLAC) shares of the under the radar semi are forming a nice bull flag near the upper part of monthly value and could breakout above 835 for a move up to fill the gap near 865 from mid-July. KLAC has rebounded sharply with its Semiconductor peers this month and does not report earnings until October but likely can move in sympathy later this week on NVDA earnings. KLAC doesn’t see as much options flow as other names in the group but last month saw 100 Sept $850 puts sell to open at $40 and recent buyers of 150 January $840 calls still holding in OI. KLAC also eventually could be a name that splits its stock price.

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