It's a short market week here, but this is what we've got ... .
HPE (43/33): Announces Monday after market close.
ANF (85/80): Announces Tuesday before market open.
BBY (70/42): Announces Tuesday before market open.
HPQ (50/36): Announces Tuesday after market close
DE (34/29): Announces Wednesday before market open.
Of these, ANF and BBY appear most...
Abercrombie & Fitch had a huge sell off after earnings were below average making RSI oversold. Huge potential for recovery especially with plans to sell CBD products at 160 stores. Possible 20% returns short term.
Abercrombie & Fitch ANF american Stock short opportunity at weekly supply level. Abercrombie weekly supply level around $27 per share has taken control, the imbalance is very strong with lot of room for price to keep on dropping much lower to lower weekly demand level. There is a great daily supply level around $27 that also gained control. Nothing to stop price...
As I try to let my bullish projections play out , I always find it better to trade single stocks as longs rather than simply trade the futures. If you do it right, you should get a higher bang for your buck. Conversely, in bear markets like these, when it's time to go short you need only to trade the indexes.
Highlighted in the chart is yet another inverse...
EARNINGS WITH A RANK >70/IMPLIED >50:
CRM (81/52): Announces on Tuesday after market close. The pictured defined risk setup pays a greater than a one-third of the wing width 1.89 with break evens between the expected and one standard deevy.
ANF (68/86): Announces Thursday before market open. The Dec 21st 16 short straddle was paying 3.04 as of Friday close;...
A trio of retail names, TGT, ANF, and COST announce next week ... .
TGT announces on 3/6 before market open. Preliminarily, the March 16th, 11-day, 20-delta 69.5/81 short strangle pays 1.54 at the mid, with its defined risk counterpart, the 66.5/69/81/84 iron condor paying under 1/3rd the width of the wings at .83/contract, slightly shy of the credit I like to...
Recent events in the industry with sector support are spiking several stock in the retail fashion field, ANF is strategically placed in this time and buyers are showing their interest at all-time-low.
For me, there are enough signs to support the attempt to build a position in the stock.
*Already holding in the fashion sector at AEO which also spiked and moved...
Here, I'm going covered call because ANF has a small divvy that I want to attempt to grab (.20/$20 per 100 shares), so I need to own the shares to do that. The record date is 3/3, so I will need to hold the shares until at least then. I'm going monied because I just don't trust this thing not to implode somewhat post earnings ... .
Putting this on a touch early ... . High implied volatility rank/high implied volatility in advance of earnings. I'm looking for a volatility crush after earnings announcement and, of course, bullish or sideways movement ... .
Probability of Profit: 74%
Max Profit: $48/contract
Max Loss/Buying Power Effect: $1402 (assuming the stock goes to 0, and you...