We have a fantastic opportunity to end 2020 with a bang, and I am going to explain how you can turn $2k into $20k the final week of December. First I want to wish everyone a Merry Christmas and this post is my Christmas gift to you. We will either loose $2k together or make an $18k profit together. There is risk but in my opinion the reward is so significantly...
Been watching AAL for quite some time. with Biden coming into office, i anticipate bailouts all over the place as money doesnt matter anymore.
I am looking at 3 plays on this
AAL 02/05 expiry:
20/25 call debit spread
Risk $100. Max profit $7900
17/25 call debit spread
Risk $100. Max profit $2300
15/25 call debit spread
Risk $100. Max profit 900
I got a signal in my system.
PLTR was trading sideways for some time.
The implied volatility is down from 160% to ~100%
In the 71 days, we have earnings.
The stock is in a general trend up.
I always diversify my portfolio never all in.
This is basically the same setup i posted last night (early this morning) but fine tuned with an Inside Pitchfork instead of a Modified Schiff. I've also tried to math the EW targets with the fib time targets and the pitchfork targets.
That is to say, i've tried to get a confluence of all 3 types of analysis and reorganized my elliot wave path to land where these...
10,467 CSCO 47 strike calls expiring Feb 19th 2021 were traded at 0.89 in a single print above open interest of 1,141.
Since we don't have visibility to what the bid or ask price was when these calls were traded, we have to look at this from different perspectives.
1.) Call Buying - This could be interpreted as call buying since one could argue that CSCO is...
Here I've analyzed the PCCE (Put/Call Ratio Equities) in the monthly time frame.
Something extremely concerning is taking place for the coming months. We are close to hitting .45 on the put/call ratio which is in extremely overbought territory. What this means is when we are in this level, all of the buying power in the market is already in the market. We...
What's going on traders? Hope you all had a Happy season. Today, we are looking at Paycom Software NYSE:PAYC and it looks as if it had a nice correction in price recently. The stock was trading at a recent high of $471.08 before dropping nearly 13% to 411.13. That area also lines up with previous resistance areas which could be acting as support now. Since then...
MSFT is hovering at both the 15 minute 200 MA, and the recent strong 216.5 resistance/support level for the past two months. A break here should see a run to 220 where there is bound to be serious resistance. I plan on entering this trade for January 14th, assuming the entry point breaks with reasonable volume and the market is doing well.