Intel just gapped down after its last earnings release as margins tightened from almost 60% last year to 53.3%. Trouble lies ahead as well since Intel’s 7-nanometer manufacturing is delayed which will give AMD a 6 month head start to eat away at Intel’s market share. Intel has responded by initiating a huge $10 billion stock repurchase program. This is in...
Options trade credit spread: 11:51 sell put expires 15 OCT 10.50 buy put .......0.15 credit paid * 4400 = $660 goldmann Sachs : buy rating target price 16.30 in 12 months
Trade Idea - Buy the stock and target 600 - Buy Call 450 OCT02
Currently long using an option spread in /ES Futures. Directionally biased trade - LONG Sep 30th Exp, 2d exp +3325 /ES Call -3495 /ES Call Probability of profit 39% Max Win $6,450 Max Loss $2,037 Theta -3.2 (spread protects us from time decay) Delta 0.67 - Long trade
In this chart we see a short term, broadening pattern called the megaphone. I have found that this pattern is usually accurate in predicting breakouts/ price movements. As shown in this hourly chart, ZM has been run along the top trend line , briefly crossed above, and is now headed back to support. If I were looking for a short term trade I would wait to see if...
Please Like the idea if you Agree. Banknifty made a range, and consolidated whole day yesterday. There can be a rocket chance if it breaks even or can be a sideways.
Please Like the idea if you agree. There's a historical trendline that showing the strong support level for nifty and it seems like it is tough to break that support even in the bear market.
Using Standard Deviation rules and a Fibonnaci Retracement channel we can track the range bound movement of Uber and help determine the next probably trading range. Testing near the highs of the range showed some resistance as we closed yesterday with a strong bearish candle. showing inability to regain strength could signal a potential reversal of price back...
RSI bounce
Context : As I explained in my post earlier, I expected strong selling in the zone 11380-11630. Remember this zone is where the shock moves started happening in February 2020. I actually did not trade much in the zone, but I started shorting around the upper range of the zone - around 11600. About Trade : I have been positional short from Sept 13, I bought Oct...
Trade Idea: - Buy the Stock target 52 with SL 38 - Buy Call 43 oct 16
Trade Ideas: - Buy the stock with SL 51 - Buy CHWY Call 56.5 OCT16
Broke the trend line here. Got back into the zone, and if it can hold support at 109.64 tomorrow in pre-market, #AAPL should make way to 113 and 116 later this week.
Hi guys, this is a new iron condor to set, 4 weeks with 10% strike So our short legs are @ 256 and @ 313 We have 80% probability of success, so a rew/risk 100-80/80= 20/80 = 0.25 Depending on the size you can trade, and the spread of the 2 verticals, we can reach a Rew/risk of about 0.37, that is 50% more than 0.25. The preminum is not that much, but we have...
Once again I'm re-entering a JETS options trade given the low volatility. The industry still weak and I don't think we will see much upwards movement in the next month. 1 Sep when a majority of stock spiked upwards. JETS had minimal movement. As such I sold calls at the high of a key price resistance point. The current RSI is at a high band of 66. I did not...
Rolling on my previous MAR trade that expired on the 28 Aug. I decided to continue with MAR as price on the 25 Aug seemed to be having trouble rising. RSI was also at a high band of 65. Overall, price seemed to be pretty predictable and not volatile at this point. As my defensive trade is focused on picking off premium. I do not expect price to rise and as such,...