$78 Feb 9th Puts executed at $2.10 L.T. bullish bias. GILD at support level. Time premium very high especially considering only 4 days till expiration. If price is ITM and shares are exercised, my buy price is $75.90. I can sell calls at that time &/or do a swing trade. D: -.4623 G: .1295 T: -.1534 IV%: 65% (versus 37.8%) W:
This has been coiling for a while. I'm waiting for a breakout.
I like the looks of GILD. I'm selling puts to collect premium and maybe enter long position if the option is exercised. 1M: 1W:
Traders, i wanted to share this setup with you that i am trading. I have had this stock for a while on my watchlist, and was waiting for a correction to buy the dip. I like to buy low (cheap) in strong stocks showing upside potential. I particularly was watching the 72$ level (200DMA, 61% fibo this is a big level. The bulls seem to have made a bottom now on this...
GILD Pullback and bounce off previous resistance turned support. Entry 72.80, Stop 71.48, Target 79.87
GILD broke down from ascending channel. Seems to have found Fib support around $72.40 (.618) and rebounded strong.
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GILD is about to begin new upward trend takes prices to new high. Watch it for
SOLD -1 GILD 100 17 NOV 17 90 CALL @1.00 Adjusted Cost Basis $87.70 Just a few hours ago I didn't see any chance of turning a profit on this investment any time soon. Unexpectedly the stock rallied over 7% today (now up 25% off lows) and above the average year end analyst target. Expected Outcomes: - With selling off the 'unlimited upside', if GILD is above...
GILD is a value stock with cheap P/E. it broke downtrend recently and it may be a start of long uptrend. last 2 weeks were good volumes in this stock for an uptrend. long with target price 75.9 before earnings. after earnings it could drop to 69 and if it holds 69 it can go up to 80.
I suspect a $67 back test. Would be a good time to open position.
Downtrend intact. Failed back test from H&S breakdown. Reminds me of $GILD upon its breakdown from H&S. If long its a hold. If not in, I say delay purchase
I do not believe we fall below the important support level drawn by the red line. It had shown as vital support in the past and i believe we will see the same here. A further decline does not seem warranted also because of the RSI's divergence to declining prices showing that strength is increasing. After such a decline we should see a breakout to at least Fib 50%...
This is a neutral trade with no risk to the upside. Its like a straddle with protection to the upside, then selling a ratio spread to move our break even down (Doubling our risk to the downside) The trade is called a spiked lizard by Liz and Jenny. The expected move is around $3 and we have an IVR of 60. With an expected 40% vol crush, lets see how this trade...
About a week or so ago, I published an idea about GILD hitting some serious support levels going back to mid to late 2014 - 2015. What I thought back then was that if GILD were able to hold on to that support level, even bounce around it without falling below it, I would enter a position in my paper account at that support level, and place my stop below the...