Intraday Brief·CRDO·April 20, 2026

CRDO CALL +$11 (+695F) in 4hrs — bands tightened then ripped to IB high

You got +$11.17 (+695F) on the $163.38 to $174.54 CRDO call after bands tightened hard at entry (width-88°) and the move ran from the session cellar up to the above IB high. Confirmation came from call-dominant options starting 11:15am, the bullish volume anchor at 11:10am, and momentum turning on at 12:20pm after Kijun crossed at 12:10pm.

By Z3Gamma

CRDO’s 11:55 AM call entry at $163.38 paid cleanly into the 3:55 PM exit at $174.54, good for +$11.17 over a 4-hour hold, with +$2.79 per hour and barely any heat along the way. Z3 lit bullish at 12:20 PM, just five bars after entry, then stayed hot with 18 favorable momentum bars and a peak reading of 8.00, which told you the move had real impulse behind it. Options flow had already flipped bullish at 11:15 AM, stayed call-dominant the whole trade, and there was no overhead gamma-style resistance from a countertrend volume anchor to cap the move. The setup was theta-expensive at entry because the bands were pinched hard, but price had a bullish volume anchor from 11:10 AM, entered from the lower part of the day’s range, then pushed from below the opening range to above the IB high, with a Kijun bullish cross confirming at 12:10 PM.

Verdict: this was a strong hold and a profitable trend trade, but it made you pay for premium up front before the expansion finally hit.

April 20, 2026 · Entry 11:55am → Exit 3:55pm · +$11.17 · Z3Gamma

Trade Data

INITIAL E1

KYROCALL entered at 11:55am at $163.38 and exited at 3:55pm at $174.54. Total profit +$11.17 (+695.0F). MFE +$11.17. MAE was -$0.63. Duration: 4h. Profit-per-hour: +$2.79/hr — acceptable efficiency for duration held.

COMMANDERBull MIDAS anchor at 11:10am. 9 bars before entry. anchored in the below IB low. no bear MIDAS overhead. no knights.

KINGDOMKijun crossed above at 12:10 pm, 3 bars after E1. Peak MFE: 695F. Kijun ended at 637F (price above).

PROFILEE1 fired in the cellar. Price has moved to the above IB high. At entry: POC (120.0F) was above entry, VPOC (220.0F) was below entry. Buying tail 2 TPOs (-20F–20F). Price is above it — rejection holding. Selling tail 2 TPOs (360F–380F). Price has returned into the tail — rejection being tested.

Z3Z3 bullish cape activated at 12:20 pm, 5 bars after E1. 18 favorable bars, 19 total cape bars during the trade. Peak Z3: 8.00.

OPTION FLOWAt E1: Call dominant (crossed call at 11:15 AM), eye active since 11:45 AM. Call held dominant through exit — eye active.

BAND THETAVICE — bands collapsing inward at entry (width-88.0°). Theta extreme.