👁️ Eyes on $IBM ( ▲ 0.8% ) . We observed IBM yesterday during the range bound lull and the stock held up impressively. (The ADX on this name also signaling a strong trend)

🧱 Support area: $279.34, $275.12 ($280 key support)

👊 Resistance area: $280.36 ($290 key resistance)

Scroll down to learn more about today’s top idea.

👁️ Eyes on $CL_F ( 0.0% ) . As a result of the war escalations in the middle east. /CL is seeing some momentum in the short term. Definitely one to keep an eye on today.

🧱 Quant Volume Support area: $72.74, 71.94

👊 Quant Volume Resistance area: $74.10

Scroll down to learn more about today’s top idea.

 $AMGN ( ▼ 0.58% ) 

Momentum Up

Amgen ($AMGN), a key defensive name, demonstrated robust performance yesterday, finding a bid as other sectors of the market paused. We have previously highlighted $AMGN as a name to watch, noting its recent TTM Squeeze firing to the upside.

This technical signal, indicating a transition from low volatility consolidation to a potential directional breakout, suggests that $AMGN may continue to experience an upward shift in momentum. We anticipate sustained interest in this name given its defensive characteristics and the confirmed momentum.

Raw Consensus Score: n/a (n/a momentum) (Momentum Stars)

Delta Tilt: $300 key target, $290 support (Profit taking zone)

Gamma Exposure: Positive notable gamma at $300

Quant Volume Levels Today: $294.34, $309.17, $288.95

Quant volume levels are area where stocks would most likely bounce or reject from.

 $OKLO ( ▲ 2.81% ) 

Momentum

Oklo ($OKLO) is experiencing a notable decline in pre-market trading this morning, Friday, June 13, 2025, following the announcement late Thursday of a public offering. The company has priced approximately 6.7 million Class A shares at $60.00 per share, aiming to raise an estimated $400 million before expenses. This offering includes a 30-day option for underwriters to purchase up to an additional 1 million shares. The proceeds are designated for general corporate purposes, working capital, capital expenditures, and potential future investments.

From an options perspective, analyzing the Delta Tilt suggests that the $62 to $60 price range could see some defensive price action, potentially indicating areas where market makers and other participants may look to support the price. Furthermore, Gamma exposure significantly diminishes below the $60 strike price, which could lead to increased price volatility if the stock breaks below this level.

Given that today is options expiration day, we anticipate a heightened probability of a "pinning" effect around the $62 strike due to options dealer hedging activities. This is a common phenomenon where the underlying asset's price gravitates towards a heavily traded strike price as expiration approaches.

Raw Consensus Score: 5 out of 7 (Bullish momentum) (Momentum Stars)

Delta Tilt: $65 and $70 bullish target

Gamma Exposure: Positive gamma environment (Flip at $62)

Quant Volume Levels Today: $63.61, $65.81, $56

Quant volume levels are area where stocks would most likely bounce or reject from.

 $CL_F ( 0.0% ) 

Today’s Top Idea

Crude Oil Futures ($CL_F) are experiencing significant short-term volatility today, driven by overnight escalations in the Middle East conflict. Geopolitical developments in this region frequently exert a substantial influence on crude oil prices due to their potential to disrupt global supply.

It will be critical to remain highly attentive to ongoing news and reports as the situation evolves. Given crude oil's sensitivity to geopolitical shifts and supply concerns, any further developments could lead to rapid price movements.

Raw Consensus Score: n/a (bullish momentum) (Momentum Stars)

Delta Tilt: n/a

Gamma Exposure: n/a

Quant Volume Levels Today: $74.1, $72.74, $71.94, $68.35

Quant volume levels are area where stocks would most likely bounce or reject from.

 $IBM ( ▲ 0.8% ) 

Today’s Top Idea

International Business Machines ($IBM) demonstrated notable resilience yesterday amidst a broader market pause. The stock successfully maintained its higher trading range and held a crucial support level, underscoring underlying strength.

A notable observation on the daily chart is the ADX (Average Directional Index), which closed yesterday slightly above 20. This indicates a nascent, but potentially strengthening, trend.

Given that today marks options expiration, there is a heightened probability of $IBM price action exhibiting a "pinning" effect around the $280 strike. This phenomenon often occurs as options dealers engage in hedging activities to neutralize their exposure, which can cause the underlying stock to gravitate towards heavily contested strike prices near expiration.

Raw Consensus Score: 6 out of 7 (bullish momentum) (Momentum Stars)

Delta Tilt: $280 key support

Gamma Exposure: Positive gamma regime (Concentration at $280)

Quant Volume Levels Today: $280.36, $279.34, $275.12

Quant volume levels are area where stocks would most likely bounce or reject from.

⭐ TODAY’S TOP MOMENTUM STARS