9/22/25 Recap
The SPY is now past overbought levels for the first time since July, look at the RSI below and you’ll notice the last time we did this we got a quick 2 day selloff to cool things down. We have to be near a small dip at least when you’re this extended. Earnings season kicks off with banks in 3 weeks, until then we really don’t have any catalysts just the daily which megacap is going to carry the market thing we’ve done for the last few weeks. Today it was Apple rising 4% along with TSLA up 3.5% out of nowhere doing some serious lifting this session.
One that made me laugh this morning was HOUS, I didn’t even know that ticker but last week on wednesday someone bought 16,000 calls in December at 9 following someone who bought 8,000 calls at the same strike 5 days earlier. This morning it popped 55% on a takeover. I do try my best to highlight the interesting names but alot of times when I see stuff like this I just assume it is junk and some discord room pump and dump, but if you see something odd like this, taking a gamble isn’t the worst risk out there. I’m sure these calls went up manyfold today and this buyer was just lucky on their timing!.
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