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Directional Technical Note  ·  PS  ·  Options & Price-Action Setup

PS Directional Game Plan

A chartered-market-technician read on the PS setup — we use the data to pick a side. Built on Alpaca OHLCV, pandas-ta indicators, current option-chain flow, prior earnings reactions, and the recent news tape.

Internal research memo CMT-driven direction Defined-risk structures Not an order ticket

Technical data unavailable — no directional call.

Spot$36.35PS last quote
Directionn/aConviction n/a
Unusual Premium$0.000 qualifying contracts
News Tape11365 day lookback

What The Indicators Say

TA unavailable for this symbol.

Prior Earnings Moves Set The Volatility Bar

No current earnings event study available.

The Charts Behind The Thesis

One frame at a time, pure price action — no headlines or sentiment on the tape. Use the / arrows (or arrow keys) to move through the trend structure, the volatility envelope, and momentum. Every frame shares the same PS daily time axis.

How The Data Picks The Side

No directional scorecard was produced because the ticker did not have enough usable price-action history. The report should be treated as watchlist-only until TA data is available.

Plays For The Call

The generated menu is not the decision. The desk pick below is the structure the report chooses for the current setup; alternates stay visible so we know what to run if the thesis flips.

No primary play generated

Technical data unavailable.

Defined-risk directional

Bull call debit spread

Buy $45.00C / sell $55.00C

Net debit$80.00
Expiration2026-06-18
Max profit$920.00
Max loss$80.00
Breakeven$45.80
Return/risk1150.00%

Cleanest way to press the long: profits as price grinds higher, with risk capped at the debit paid.

  • Objective: Bullish defined-risk trade. Buy the lower-strike call and sell the higher-strike call to reduce the cost of upside exposure.
  • Makes money: Makes money if price moves above $45.80; max profit is reached at or above the short call strike ($55.00) at expiration.
  • Loses money: Loses if price fails to rally. Max loss is the debit paid, reached if price expires at or below the long call strike ($45.00).
  • Best for: Use when the desk wants directional upside but does not want to pay for naked calls into elevated earnings IV.
Defined-risk directional

Bear put debit spread

Buy $30.00P / sell $25.00P

Net debit$115.00
Expiration2026-06-18
Max profit$385.00
Max loss$115.00
Breakeven$28.85
Return/risk334.78%

Cleanest way to press the short: profits as price rolls over, with risk capped at the debit paid.

  • Objective: Bearish defined-risk trade. Buy the higher-strike put and sell the lower-strike put to reduce the cost of downside exposure.
  • Makes money: Makes money if price moves below $28.85; max profit is reached at or below the short put strike ($25.00) at expiration.
  • Loses money: Loses if price holds up or rallies. Max loss is the debit paid, reached if price expires at or above the long put strike ($30.00).
  • Best for: Use when the desk wants directional downside but wants capped risk instead of naked puts.
Premium-selling (income)

Bear call credit spread (tighter EV)

Sell $40.00C / buy $50.00C

Net credit$5.00
Expiration2026-06-18
Max profit$5.00
Max loss$995.00
Breakeven$40.05
Return/risk0.50%

Higher-credit bearish income expression; closer to spot and exposed to a bullish earnings gap.

  • Objective: Bearish income trade. Sell a call and buy a higher-strike call so the desk collects premium with defined upside risk.
  • Makes money: Makes money if price stays below the short call strike ($40.00); max profit is the credit received if both calls expire worthless.
  • Loses money: Starts losing above $40.05; max loss is reached at or above the long call strike ($50.00).
  • Best for: Use when the desk thinks the stock will fade, stall, or fail to clear the upper expected-move zone after earnings.

Should We Buy Common Stock?

No share plan was produced because the ticker did not have enough usable price-action data. Treat shares as watchlist-only until the chart can define entry, target, and invalidation levels.

  • Lead with the selected desk play; the rest of the menu is for alternate or flip conditions.
  • Re-price every spread at the live bid/ask before entry — these marks are delayed.
  • Into earnings, IV crush can hurt long premium even when direction is right; debit spreads cap that bleed.

SPY: close $759.57, RSI 75.6, 5D 1.20%, 20D 5.79%.

QQQ: close $746.16, RSI 79.4, 5D 2.17%, 20D 10.89%.

Relative strength versus the tape is one of the signals in the scorecard above.

Strategy first, invalidation second. The report picks the structure that best expresses the call, then defines what would break the thesis. If the setup does not match the live tape or the spread reprices poorly, the play is no longer the same play.

Largest Premium Lines

ContractTypeExpStrikeVolumeOIVol/OILastNotionalRead

News Follow-Through

Context only — a tabular study of how the tape behaved after prior headlines, kept off the technical charts. Headlines are from API Ninjas and Twelve Data press releases, pinned to the nearest trading-day close and read against EMA/RSI state at that time.

News Category Follow-Through

Average forward return after a headline in each category, with the sample size (n) behind each window. Returns are only counted once that window has fully elapsed, so longer windows have fewer observations — in this issue the headline feed only spans the last ~5 weeks, so most 20-day windows are not complete yet.

CategoryHeadlinesAvg 1D1D Hit RateAvg 5D5D Hit RateAvg 20D20D Hit Rate
ai 4 -2.78% (n=4) 25.00% -0.57% (n=3) 66.67%
general 4 0.44% (n=4) 50.00% -2.25% (n=3) 33.33%
analyst 2 1.73% (n=2) 100.00% 4.82% (n=1) 100.00%
competition 1 2.97% (n=1) 100.00% 0.50% (n=1) 100.00%
macro 1 -3.62% (n=1) 0.00% 52.27% (n=1) 100.00% 5.76% (n=1) 100.00%

High-Signal News Events With TA Context

Sorted newest first. pending means the headline is too recent for that forward window to have completed yet; means no return is available.

DateHeadlineTagsCloseTrendRSI1D5D20D
2026-05-31 7 Billionaires Just Sold Shares of This AI Giant That's Climbed 105,000% Since Its IPO. And 1 Bought the Stock. Which Should You Follow?
the_motley_fool
ai $37.39 below_ema21 59.8 -3.24% pending pending
2026-05-28 Pershing Square: Could Be An Early Berkshire Like Model
seeking_alpha
general $38.61 above_ema21 62.6 2.54% pending pending
2026-05-28 Bill Ackman's $64 Billion Push To Take Over Universal Music Group Just Hit A Wall As Key Shareholder Says 'The Price Is Not There At All'
benzinga
analyst $38.61 above_ema21 62.6 2.54% pending pending
2026-05-24 NIO, Intuit, And Reddit Are Among Top 10 Large-Cap Losers Last Week (May 18-May 22): Are The Others In Your Portfolio?
benzinga
general $36.00 neutral 60.0 2.97% 0.50% pending
2026-05-23 Pershing Square Stock Tumbles, Ackman's Net Worth Drops To $11.2 Billion
benzinga
competition $36.00 neutral 60.0 2.97% 0.50% pending
2026-05-22 Billionaire Bill Ackman Just Dumped Alphabet Stock to Buy These Two AI Stocks. Should Investors Follow Suit?
the_motley_fool
analyst, ai $35.67 neutral 59.7 0.93% 4.82% pending
2026-05-21 Billionaire Bill Ackman Piled Into Amazon and Microsoft and Slashed His Fund's Mammoth Stake in This AI Kingpin by 95%
the_motley_fool
ai $37.72 neutral 62.5 -5.43% 4.96% pending
2026-05-20 Tracking Bill Ackman's Pershing Square 13F Portfolio - Q1 2026 Update
seeking_alpha
general $38.74 neutral 63.9 -2.63% -0.34% pending
2026-05-18 Bill Gates' Foundation Closes Microsoft Chapter, Offloads Last $3.2 Billion Stake
benzinga
general $38.67 neutral 64.1 -1.11% -6.90% pending
2026-05-14 The AI Power Infrastructure Trade Has Never Been Stronger, But One Space Race Could Change That
benzinga
ai $42.61 neutral n/a -3.38% -11.48% pending
2026-05-02 U.S. IPO Weekly Recap: Biotech, Early-Stage Mining, And Bill Ackman Close Out The April IPO Market
seeking_alpha
macro $34.21 neutral n/a -3.62% 52.27% 5.76%

Latest Headlines And Analyst Color

Desk Notes

  • All structures are hypothetical, delayed by execution latency, and must be re-priced before order entry.
  • Earnings options can lose most or all premium even when the directional thesis is right if implied volatility collapses.
  • Index option flow is often hedging or dealer inventory management, not directional conviction.
  • This note selects a strategy and an invalidation framework; live fills and changed market conditions can invalidate the play.
  • volume > 500, open interest > 100, last > 0.10, volume/OI >= 1.25
  • pandas-ta-classic: EMA, RSI, MACD, ATR, Bollinger Bands, relative volume
  • prior earnings reaction adjusted against SPY/QQQ where data is available
  • API Ninjas stock news headline scoring and earnings/analyst tagging; Twelve Data quote/profile/statistics where available
  • Interactive candles use TradingView Lightweight Charts with Alpaca OHLCV bars.