AAPL could range around 160-190 as the price continues to move lower, the spy is fading and mexico tariffs are coming. This will be bearish environment as the greater trend. The lesser trend in appl is also bearish and may move sideways now that the price has dropped lower.
155/160/190/195 Iron Condor, EXP July 19, Max gain/loss 154/346
I plan to take at...
TSLA looks to be trending lower as it continues toward its destination I plan to capture some profits using an iron condor.
IV is really high at around 50
180/185/240/245 $150/350 Profit/Risk June 21 EXP
Profit Target to be expected by June 10-14
Profit Target is $80 max loss is $160
This is a journal entry and not trading advice.
Since PANW is very rich in premium right now with a high IV. It seems to have broken support and is going sideways. ER is May 30th I may decide to take off the trade before then however I may also want to take advantage of the IV contraction.
195/200/240/250 EXP June 21st $290/710 Profit/Risk
I plan to take the trade off at $150 profit which means I will risk...
Since IV is high on ROKU because of recent earnings. I will go for an iron condor on ROKU
65/70/100/105 EXP July 19
$100 real profit target and $200 max loss.
High probability trade, this is a journal entry and not trade advice.
Taking advantage of this quick rise in IV and VIX to sell some premium in INTC 43d short term play before earnings hoping for 25-50% decay
Tasty stats POP 55% P50 67% Theta 2.25 Delta -5.12 50/55 c 45/40 p A less risky version of this would be an IC in SMH which is also experiencing a nice
rise in IV today
Sold an Oct IRON condor on IWM today after taking profits on my Sept IWM IC for 35% max profit. 3 point wide on the wings here with hopefully enough cushion to make Jenifer Lopez jealous. 1.18 in credit for the option.
Placed an Iron Condor synthetic strangle on IWM with a 10 point sell side spread to collect .70 cents in premium. Will be looking to take the trade off at 50% max profit as soon as possible. In the event that the premium comes in faster, withing the first 10 days of the trade I will be looking to take trade off at 30-40% Max profit then redeploy.
There are numerous opportunities every month to profit from the swings in the minute charts if you can find those trading
entry and exit points. If you know if you are looking at a top or bottom of a swing you greatly increase the odds you are trading in the right direction and knowing when you at the other end of your trade can help you maximize you...
BestBuy has been consolidating since the beginning of July. Earnings are due tomorrow before the opening, and our IV% is at 56%, so I am looking for a play here to collect a credit.
Historically looking at BBY we can see usually see a slightly bullish move after earnings (EPS, which is usually beating estimates). Because of this, and being at the top of this...