rockgy

rockgy

NFLX may go side way in the next couple of weeks: Open a position by selling a June Iron Condor Position: Call: -1x 355/ 1x 360 Put: -1 x 300/1x 295 Credit: $1.85 POP: 58% P50: 68% Target Profit: 50% ($0.925)

rockgy

Bidu seems found support and the pull back bottoms were in upper trend. Position Sell Put Spread: -1x170, 1x165 Premium: $1.21 Breakeven: $168.79 PoP: 69.48 Target Profit: 50% of the premium.

rockgy Updated 

Baba seems turn back to up trend. I would setup a new long position by selling July put spread: Positoin. -1x133, 1x125 Premium: $1.65 Breakeven: 131.25 Pop%: 72% Target profi: 50% of premium

rockgy Updated 

IBM has been pulled back form 184 for almost 30$. After the news of Buffet reduce 1/3 of his position, IBM gap down but start to bounce back. RSI and CMO both showed oversold signal. I would like to set up this position long IBM. Position: Credit Put Spread: -1x, June 150/140, Premium: 1.2$ Break Even: 148.8$ PoP%: 75% Target: 50% of the premium. In case IBM...

rockgy Updated 

BBY is in up trend with strong support around 46 to 47 area. I setup the long position by shorting the June 46 put. Here is the position: Sell June 46 Put Premium: 0.75$ Break even point: 45.25$.

rockgy

Wynn broke up and now I would see it going sideway for a while. I would like to setup the neutral position. Position: Short Iron condor: July -1x140/1x145 call, -1x115/110put Premium: $1.4 PoP%: 64% Target: $0.7 (50% of the premium). Breakeven: $113.6 to $141.4

rockgy Updated 

TGT is having earning call on May 17, the same day as the May option expiration. I expect TGT will go side way before then. So I setup the Iron Condor to catch some money before then. Aim to close the position before May 17th. drive.google.com Positoin: Put: -1x52.5/1x47.5 Call: -1*58.5/1x62.5 Breakeven: 51.67 to 59.33 PoP: 72% Premium: 0.8$ Target Goal: 0.4$...

rockgy

CAT pulled back after gapping up post earning. It started to re-bounce. I would like to long CAT by setting up a Put Spread. Position: June 30 Weekly option: -1x98.5 /1x91.5 Premium: $0.96 Max Risk: $604 Breakeven: $97.54 PoP: 73% Target: 50% of the premium.

rockgy Updated 

BIDU has been pulled back from 188$. I expect it would start to bounce back from the trend line. Setup the position by selling a put spread. Position: Short June 170 Buy June 165 Premium: 1.05$ Target: 50% of the premium. Breakeven, 168.95$ PoP: 71.35%

rockgy

AAL rallied in the last few days but the gap down was still not filled. Look like it would go to side way between the previous low and the previous high before the gap down. I will setup a neutral position by selling a June Iron Conder 42/37Put, 48/55Call. Position: -1x 42/37 Put Spread -1x 48/55 Call Spread Premium: $1.07 PoP: 66% Profit Target: 50% of the...

rockgy

XLE started to bounce back from bottom. I expect it to be going up and then start side way. So I would setup a Jade Lizard position. Position: Sell 1 June 65 Put Sell 1 June 68.5/69.5 Call Spread Total Premium: 1.04$ Break Even: $63.96, Profit area: $63.96 $69.54. No upside risk. Pop %: 84%

rockgy

Gold has been dropped quite a lot from the near high. Look like the new few days would be important if Gold can go back to its uptrend. I see a good chance Gold will start a rally. If Gold cannot bounce back, it will look for the next support 1209$. Just my 2 cents.

rockgy Updated 

GM has been pulled back from 38. It is time to long GM. Setup the position by selling short of the Jun 32 Put. Position: Short June 32 Put Credit received: 0.62 Target: 50% of the premium (0.32).