Make sure to peek at the long term moving averages also, on D/W/M
This is a "copper condor" not an iron one. Creating 2 debit spreads that one pays off well IF COST gaps nicely and breakout out of this triangle in a nice fashion?!?!
DOING it again! Buy low, sell high!! WHO IS READY?!?!
After a 52%+ pull back in the last year, you can look at this chart and pretty easily determine your best case scenario and your worst case. A LOT of selling months in a row, leading up to a doji so far in Nov...
This is probably good news for VZ, T, AMT and other communications companies...
4th largest pullback in history. Bouncing off of a STRONG support. Earnings came in hot. BUY LOW, sell high = looking GOOOOOOD!!
Many patterns here that just seem like pressure and consolidation has popped and overall bull trend is about to resume...
I have LONG term shares in my son Gabes' account that I will be selling a covered call on. IF it gets called away here, it will be profitable. I do not mind waiting around for that to happen or not. If after earnings I can buy to close this sold call for less than .10. Just being very paytient on this position for him.
HEYYYY I like bullish divergence. The SAFEST Way to play this is to buy shares and do some covered calls. It will chop around a bit. In STRONG power down-trends; you want to be really careful selling puts or doing bull put spreads. But - as long as you are comfortable with the risk. I do not buy call options on stocks that are in strong downtrends. Unless...
Bitcoin will close above the 100/200 weekly simple moving averages this week. That's a NICE strong bullish signal. You can expect a pull back, retest into 29,000 but if/when BTC breaks above 33,333 AND if it happens before Thanksgiving, the continuation possibilities for sustained bullishness is powerful and likely!
STRONG down trend. Weaker IPO This company essentially sells salads. They are delicious, but that's not what most people eat when they eat out.....
My 15 year experience guess on what she does in the next 6 months...
I have some SHARES of this bad boy. Cost basis $15.27. Figured I would sell on an up day AT a resistance of some kind and get paid an extra 2%. Plus if I get called away here = happy dance!
Don't be that girl who buys this stock here. It's A LITTLE TOO HIGH. Needs to return to earth. It will be below $120 before Nov 1. I'll keep an eye on a pull back location, but I'll also watch for a short.... ;-)
I have never traded this ETF before, but I am getting my practice in. I have some shares and now I have sold the $20 covered call for next Friday for $2.00 higher than the stock price is now. Plus, this is a VERY strong gap on TSLA that will keep surging higher in my opinion.
There's nothing stopping this name right now. Looks pretty tragic for the bulls. BUT, this stock will eventually rebound. Consider more accumulation strategies on this stock at some point. Slowly, trepidatiously, and over time. buy low, sell high.
I got 9 check marks on this one. .65 limit credit on the 120/115 bull put spread. This is regular october expiration. I love it
We have a bear candle closing above the 10 ema. Plus, this is NICE and low. We can move from here, but if we don't go higher, we do not get triggered in.