BA call spread $1.06 / 3.94 EXP September 20th Poor earnings Target is $66 Max loss is $132 Target exit is at $340
TGT has clearly shown the first five parts of an elliot wave pattern, which indicate a peak and an ensued downtrend. This leads to a price target of $80 by June 27th. Max profit of $114/contract is reached at 84.72 and the breakeven is at 86.16. The maximum loss is $86/contract. This spread is 20 deltas negative, indicating our bearish sentiment. Technically, the...
Entered this Long Term Trade for $2.30/contract, since it completed a Long Term Breakout on a great percentage gain of more than 5%. I will hold onto this trade until it is either close to max profit of $2.70/contract, which would yield 117% in about 15 months, or until the debit spread is cut in half. First level of resistance is about $67 and after that...
MCD has sold off quite a bit here in the last few months and is hovering above this longer term support level. I decided to go with a asymmetrical set up using a call spread for this play. +1 Dec21 155/170 call spread for $5.38 db. Risk: Try to let price action stop me out at the project stop or manage near a 50% loser to keep the risk small. Profit: Target...
Short TSLA via Mar16 345/355 call spread for $2.98. short $345 call: 37 delta long $355 call: 27 delta Max Win: $298 Max Loss: $702 Stop Loss: Price at $352.75 Target: 50% of credit received
Sell OTM credit spreads at interim and strong resistance /support. ATM place your SL, where the price is half of spread ~ 0.53
Expecting slowdown of recent rally after breaking out of the downtrend channel two weeks ago. RSI, Stochastik are overbought and Bollinger Bands indicate a slowdown in the recent move. Also, middle to end of August is a seasonal which was confirmed now. Options to work IMHO: sell call spreads
It is close to a breakout and the last bar was a classic RBI. So, the trigger is: if this last bar is broken than we can strike this trade long Call Spread or buy Call.
Update on a upsloping trendline (blue) which acts as resistance On the 5 hour chart, we should have generated a sell signal. I still remain short via puyt spread 1x2s, as frost is no longer an issue. It appears the market is still digesting this from last week and should correct lower IMHO as physical supplies out of Brazil remain steady. Warehouse stocks in...