Options360

Blackrock earnings Friday 7/15

Long
Options360 Updated   
NYSE:BLK   BlackRock, Inc.
BLK Q2 June 2022 earnings are this Friday July 15th at 6:15am. Blackrock Beats (BLK) Q1 March 2022 earnings of $9.52 per share on revenue of $4.7 billion. The consensus earnings estimate was $8.92 per share on revenue of $4.9 billion. Revenue grew 6.8% on a year-over-year basis. Here's levels on the 1-day chart:

top = 732
R3 = 707
R2 = 681
R1 = 656
pivot = 631
S1 = 606
S2 = 580
S3 = 555
bottom = 530

Q2 June 2022 Consensus:
EPS = $9.12
Revenue = $4,800,000,000

Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...

*3x lucky 7s of trading*

7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet

7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
FOMO : bad timing, the market is ruthless, be shrewd
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation

7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
Sorted watch-list

Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
tickerTracker - MFI Oscillator
www.tradingview.com/u/growerik/
Trade active:
$640 7/15 expiry call dca plan
Plan is to get further dated expiry calls and / or lower strikes on dips
Comment:
Another good idea is a bull put credit spread:
Sell 340 put
Buy 330 put
5:1 reward : risk ratio
Plus expiry easily rolls until the day it bounces
Comment:
Blackrock Misses. (BLK) reported Q2 June 2022 earnings of $7.36 per share on revenue of $4.5 billion. The consensus earnings estimate was $7.94 per share on revenue of $4.8 billion. Revenue fell 6.1% compared to the same quarter a year ago.

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