A simple but effective option wrting strategy for a monthly income:
Underlying concept :
a) Strategy - Writing nifty call and put options simultaneously.
b) Strike selection - Call and put strikes approximately above / below 100 points from market price at the time of entry.
c) Adjustment post position - For every 100 point or close to 100 point change in...
Albeit lazily drawn, I present the dreaded “vomiting camel” pattern. I’m not making this shit up. There’s actually a pattern you can look for that is a serious fucking bear when you do. It’s got this ridiculous name for obvious reasons, but here it is and I’ve decided on the 4/46 long put, 17 strike. It cost .66 and is at .69 as of 1053am 4/12. I’m not going to...
I can get a high off herb and off the $$ to be made off CRON hitting $30, on my BIRTHDAY. Exit at $35 the latest tell FRIEND FRIEND FRIEND!
I picked me up some wicked wild CRON July 19 call option strike $23, $24, $25, collect em all!
FIT looks like it's consolidating around ~$5.80
Looks like it'll break out around April 10th once it crosses either side of the wedge.
I'm thinking of making a strangle around $6Calls and $5.50Puts
or you could yolo it and by Apr5th or Apr12th $6 calls.
Very nice bullish signals here, especially with that flag formation, quasi Cup and Handle. I’m all about Cannabis stocks in 2019 for obvious reasons, considering the more liberal evolving regulatory environment paving the way. It’s all the Benjamins baby. I wonder if B. Franklin smoked cannabis.. Hmmmm.
Options i got my eyes on:
- July 19, 2019 $50,...