Here's what I'm looking at for next week: VIX/VIX PRODUCTS . VIX finished last week at 16.50. I will look at VIX/VIX product setups early next week depending how the "horse does at the gate" (Monday). If we see a tight range in the S&P like we did pre-Draghi in prepation for FOMC, VIX could drift go a little lower Monday through Wednesday, in which case I will...
With the VIX finishing the week out at 16.66, next week is setting itself up to be a less than sexy week for premium selling, particularly in broader market instruments like SPY, IWM, QQQ, and DIA. Moving to other sectors, the Brazil ETF, EWZ continues to be hot premium selling wise, with an implied volatility rank of 72. A couple of issues in the oil and gas...
In bull market in ONE week. (open price: 20.60, close price: 24.99, 21.3% gain). Weekly technical is in sweet spot and I think it has a lot potential. Waiting for some pullback and consolidation and a better entry.
With volatility ebbing out of the broader markets and earnings season, for all practical purposes, over, I'm looking to put on some small, defined risk, premium selling plays in April while the remainder of my March setups work themselves out. With an implied volatility rank at 60 and an implied volatility of 48, EWZ isn't the greatest play in the world for...
Okay, so there isn't a 1.00 worth of credit in this setup, but I'm going to put it on anyways due to its high IVR/high IV (79/52). EWZ Jan 29 18.5/26 short strangle POP%: 70% Max Profit: $82/contract BPE: ~$235 BE's: 17.68/26.82
Yacine Kanoun brought this stock to my attention. I'm considering purchasing calls with a strike price of 40usd and an expiration date on March 6th. The spread between USDBRL and EWZ is reaching similar percentages to what has show in the past, so I think that it's due for an adjustment, and thus agree with Yacine. I also spotted a technical key level, which I...
full disclosure: I'm long the Dec19'14 puts @ $50 both the 13 (blue) and 34 (pink) Bollinger Bands have flattened out. the 50 day MA is rising and the 200 day MA is relatively unchanged since late June. the daily Williams %R is at -70; this indicates that pressure might turn negative. based on these observations, $EWZ could see more losses in the near...
Will be monitoring $EWZ over the next few weeks to see if this 3.5 year shit show is turning a new leaf with the recent break of a major downtrend line (2 variations drawn) on a positive divergence in RSI, and a slowly uptrending MACD that crossed the zero line and is at levels not seen since early 2012. The downtrend line of momentum on a weekly relative basis...
Millions of soccer fans around the world await the most important global sporting event, the 2014 FIFA World Cup. Many media outlets have already started to hype different stocks, as well as statistics about the event. This brings about a question for us traders, who is going to win and how can we profit? As technical traders, who study and trade from the charts,...