QuantitativeExhaustion

U.S. Earnings June 15-19 Optionable Trades

INDEX:XSP   S&P 500 Mini-Spx Options Index
U.S. Earnings Week June 15-19

OTM Long Call , Long Put or Strangle Plays (based on Current IV compared to 30 day avg)

DRI

Collecting premium Selling Options

ADBE, BOBE, LZB, ATU, FDX             , CLC, JBL             , ORCL             , KR             , RAD, FNSR             , RHT             , KMX             , KBH

Implied Volatility vs 30 Day Average Implied Volatility
snapshot
values as of June. 13


June 16 Pre-Market

Fact Set Research
Expected 1.41
Current Trend Bullish Price Channel
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June 16 After Market

Adobe Systems
Expected .45
Fibonacci 1.272 Extension
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Bob Evans
Expected .41
Fibonacci Retrace .618 / 1.272 Extension
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Lazy Boy
Expected .38
Fibonacci Extension 1.272
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Actuant Corp
Expected .53
Fibonacci 1.618 H/L Target Reached ... could be counter trend rally .886 or 2.618 extended
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June 17 Pre-Market

FedEx
Expected 2.58
Fibonacci Extension 1.272
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June 17 After Market

China Finance Online
N/A
Fibonacci 1.272 Extension // Went Beyond Fibonacci .618 Retrace .50 1.618 Overextends to 0 (Bankrupt?)
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Claycor
Expected .77
1.618 Extension
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Jabil Circuit
Expected .49
Ascending Wedge Fibonacci .886 Retracement or Fibonacci 2.618 Extended
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Oracle
Expected .87
Flat Base Near Support Fibonacci 1.272 Extension
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Pier 1 Imports
Expected .08
Bearish Trend .618 Retrace 1.272 Extension
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June 18 Pre-Market

Darden Restaurant
Expected .93
Fibonacci .618 Retrace Fibonacci 1.272 Extension
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Kroger
Expected 1.25
Bump and Run Fibonacci 2.618 Extended
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Rite Aid
Expected .41
Fibonacci Extension 1.272
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June 18 After Market

Finisar
Expected .25
Fibonacci 2.618 -- .886 Confluence Price Target
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Red Hat
RHT .41
Fibonacci 2.618 Extended
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Smith & Wesson
Expected .35
All Fibonacci Targets Met 1.618 Extension --- Confluence .50 Fibonacci Retrace 1.272 Fibonacci Extension
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June 19 Pre-Market

Carmax
Expected .86
Fibonacci .618 Retracement
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KB Home
Expected .08
Fibonacci .886 Retracement or 1.618 Extension
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That's a lot of work that went into making this publication. Great stuff JR.
+4 Reply
QuantitativeExhaustion PRO IvanLabrie
a year ago
I have template now for weekly earnings play. Going through charts takes about an hour. Gives me a few days where I can edit a chart in time if someone sees something (replys with chart) or I see something to add.
+2 Reply
Dll PRO
a year ago
Thanks for publishing all these. Btw, I think CO is not optionable, or it is now? The company is in negotiation of taking private.
+2 Reply
You are correct. China Cord Blood is no longer optionable. I just checked two days ago and June options were still available (was scanning through Yahoo Finance, but should have checked broker first)
+2 Reply
Dll PRO QuantitativeExhaustion
a year ago
What happened to CO today?...
Reply
Gap up, albeit small compared to stocks volatility
Reply
Dll PRO QuantitativeExhaustion
a year ago
Volume is large though. Couldn't find any news..
Reply
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FedEx 2H shows Low to High, .618 Backtest. Recent trend upward breaking 1.272 Fibonacci extension targeting 1.618 post earnings.
+2 Reply
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ADBE 2H Low to High, .618+ backtest which often cause overextension 1.618 targets. Recent trend has not broken previous high prior to earnings, this is a concern.
+2 Reply
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Darden 2H near term is near it's target. Chart suggest this might be better for a "sell the news" strategy, as we approach a double top.
+2 Reply
SMP99 PRO QuantitativeExhaustion
a year ago
You could be right on that. Perhaps the old trend line will give it some problems as well.
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+2 Reply
Nice find, also prior trend line looks to be the 1.618 extension target. Could very well be a good time to purchase puts after earnings or if we reach the target pre-earnings.
+2 Reply
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Oracle price has settled on .618 Fibonacci resistance turned support.
+2 Reply
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Kroger stuck in an interesting spot. Could go either way. Recent High to Low .618 extension has a negative bias trend, reaching $69 target.
+2 Reply
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Rite Aid has a very high probability of reaching 9.50 target , 1.618 Fibonacci extension.
+2 Reply
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Red Hat highly sought after option play. Very good potential here. Although never reaching fully the .618 backtest, we did see an extended stay around .886 support/resistance area. Target 1.272 Fibonacci 81.30
+2 Reply
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End of the week brings the best Put option play with KBH. Trend has been negative since 2013. We recently had a counter trend rally reach it's 1.618 target. However, we are back on course for more negativeness. We overextended the Fibonacci .618 pullback, which sets us up for a deep plunge post earnings.
+2 Reply
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FNSR has some potential for a big pop ahead of earnings. We have a recent High-Low with .618-.50 retracement, which could lead to a Fibonacci 1.272+ target.
+2 Reply
QuantitativeExhaustion PRO QuantitativeExhaustion
a year ago
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Chart pattern looks like a cup and handle.
+2 Reply
jangseohee
a year ago
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+2 Reply
jangseohee
a year ago
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Close earning for PIR
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http://puu.sh/inss0/fd28557b9c.png
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+2 Reply
U.S. Earnings June 22-26 Optionable Plays


Inserted more important data. Implied Volatility (as of June 13) and 30 Day IV average.
+2 Reply
jangseohee
a year ago
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+1 Reply
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Updating DRI play. I will be placing a long call position 70.00 June expiration with MAX gain potential. Will be waiting to see small backtest mid-week ahead of earnings. Target upside potential 72.70 by end of week. Thereafter, price might follow up with small throwback to .618 and resume trend upside to 76-77 area.
+1 Reply
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Update June 16 10 PM est.
+1 Reply
QuantitativeExhaustion PRO QuantitativeExhaustion
a year ago
Darden ... DRI moved it's earnings date to Tue. June 23 pre-market
+1 Reply
jangseohee QuantitativeExhaustion
a year ago
thanks for the update
+1 Reply
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