Dick’s Sporting Goods ( NYSE:DKS ), the renowned athletic goods retailer, has delivered a stellar performance in its latest fiscal quarter, surpassing Wall Street's expectations and marking its largest sales quarter in history. As the company raises its dividend by 10% and projects another year of growth, investors are buoyed by the promising outlook and robust...
Analyzing the options chain and the chart patterns of DKS DICK'S Sporting Goods prior to the earnings report this week,
I would consider purchasing the 115usd strike price Puts with
an expiration date of 2023-12-15,
for a premium of approximately $5.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Analyzing the options chain and the chart patterns of DKS DICK'S Sporting Goods prior to the earnings report this week,
I would consider purchasing the 147usd strike price Calls with
an expiration date of 2023-8-25,
for a premium of approximately $4.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Looking at the DKS DICK'S Sporting Goods options chain ahead of earnings , I would buy the $110 strike price Puts with
2024-1-19 expiration date for about
$10.40 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
Rising Wedge (Bearish) has formed on Dicks Sporting Goods.
We have the price yet to break below the Wedge, which then the price will come down to the 1st target - $103.03
CONCERNS:
The 7>21 (Bullish).
RSI >50 (Bullish)
Price is above 200MA...
This is what I call a LOW probability trade because we have mixed signals of buying and selling. However, the chart...
DICK'S Sporting Goods, Inc., together with its subsidiaries, operates as a sporting goods retailer primarily in the eastern United States. The company provides hardlines, including sporting goods equipment, fitness equipment, golf equipment, and hunting and fishing gear products; apparel; and footwear and accessories. It also owns and operates Sporting Goods, Golf...
NYSE:DKS has been on a slight downtrend lately and found support at the 200 EMA level. From a fundamental perspective, the company is very strong as well, exceeding their earnings quarter by quarter and with a bright future ahead.
If that hasn't convinced you, you may also want to know that Stack Edward, Executive Chairman at DKS has recently bought 227,000...
ASO Daily TF
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With ER on Tuesday $ASO could see some nice movement, holding strong above the 20 ema and a nice bull flag setup to break ATH. Previous ER moves highlighted 14 days after report.
Target: 142+
Key levels
Resistance: 37.75
Support: 36, 35.26, 33
$DKS Dick's Sporting Goods up 3% today on strong volume with earnings coming later this week.
Close today just above upper limit of a month long range. Expecting bullish channel that began off the March lows to continue.
Unusual bullish options flow today - About 4,600 $54.00 calls expiring this week traded vs OI of 5 contracts for total premium outlay of about...
DKS is under pressure with more stores opening and severely lower revenues from sales. Stores are opening in markets that are depressed. This will cause a significant run at the cash on hand and could cause a failure.
I shorted in March to May and now April to June.
10 contracts to the lower in anticipation of week financials for q-1.
I am short at 10 calls...
