If price returns to March's high, then I'll begin looking to purchase call options as close to the 59.00 strike as possible. These calls with have an expiration of June 1.
SPY consolidating after breakout of resistance. Purchased $295 calls looking to take profit around $293. One or two day trade.
Short idea with great riskreward
Idea of zone to zone trade on hourly chart
Hey there, Please support this idea with your likes and follow me on TV! Look back at my latest posts and you will see pretty accurate calls lately. This time I think going higher on BTC seems more likely once again. We are a bit extended on the weekly and due for a correction, but the indicators are looking for more upside. Also the daily structure calls for...
AXP has been getting hammered. For reason however. Less travel, consumption and socializing has led to decreased credit card use. However, this bull rally left AXP behind. The bull rally is slated to end next week. AXP will tag along for this ride. RSI is going back up. MACD will cross over Let me know down in the comments what you think and if you have any...
I think AMC is a steal right now you could wait till it hits resistance and sell again, however I would be worrisome the virus ends and you may not get a second opprotunity. Also AMC is a stock I feel as if has great sentiment and has been around for a very very long time. At minimum 30% gains. My opinionated option or long term buy in is around 2.08-2.20. Both...
Possible rising wedge forming, a continuation pattern in a down trend or reversal in an up. Today felt "toppy" IMO, long weekend ahead, lets see what Monday brings... If wedge is validated this oughta make some put holders happy, but one more impulse up before more down... unless JPOW printer go brrrrr. Looking at ~$264 for local low and ~$293 for top. Added a...
I like the retrace into demand with MA here and think we can head higher and push towards 290+. I think this current demand zone will hold and provide a good base for it to rally. Not much supply after the initial supply zone that was tested today (well there is some). I’ll watch for a move back up into supply and if we can clear today’s high, don’t think there...
Watched as AAL shot up to a big supply zone. Tagged it and rejected right away. Was a quick move but was able to get some good fills on puts right away for a nice swing back down after rejection. Think it will bounce around for a bit but no trade plans until price drifts back towards either of the demand/supply zoneS. If supply, since it was such a very brief...
Took an intraday short trade today when INTC entered (and overshot a bit) a first primary supply level I was targeting. Watched price action and was able to get a good fill on some puts for a nice gain today. From here I think we continue down to demand level for "b" and then reverse upward towards "c." With the craziness of this market, will watch the up...
3M chads about to print money while the soys on amazon try to resell boxes of n95s
The yellow marks on the chart are from an earlier post. RSI bounced off 50 line, stochastic is moving upward, and stock price pulled back and is now back over 20sma. 20sma shows a strong uptrend. I bought one call today and will sell before earnings on March 2. Target 150-160. Rising IV will increase option price.
Now... What a sight we have here. Although, I don't want to be the one to break it to you, but if you are looking at going long or buying into ETH you are doing things a little wrong. This is beginning to look like a possible correction so just be patient.
Quick setup that i am watching (but not going to take due to portfolio skew is already net short) Ticker: TLT Position: - March 20th 2020 Expiry - $137 Strike Call - Delta = 0.70 - Cost = $4.18/ contract (mid offer) Profit Target/ Exit: - Initial target = $144 - Exit = close below the daily 200 SMA
both scripts on the 12h have navigated the chop and produced results. following ScriptA would have made one trade with 20% gains at 1x following ScriptB would have made a fw trades with similar outcome at 1x using A+B together is the most powerful combo, with the likes of deribit where you can have a swing and scalp account side by side you could net maximum...