So with the FED hiking rates another .25 bps in June (96% odds as of right now) I am making a bearish trade in the home builder ETF. I have never traded through a rising rate environment so.......take it with a grain of salt. I am buying the 40 put in October and selling the 36 put in October for $1.12 This is a defined risk trade for a debit (not really the...
Just an idea I'm playing. Mid-term calls @ 5 Contracts 12.50 July 8th Short-term Puts @ 3 Contacts 13.00 June 15th
SEDG (Solaredge) was sold off rapidly in the past 3 days, which was unsurprising, given the massive run-up after earnings. It is now near a support level: approximately the price it was hovering around pre-earnings, presenting a good opportunity to go long. This play is risky. The stock is still a "falling knife". Short term target: $54 - $58 monthly calls
Investors are loving what they heard on the call with LC executives. I'm expecting healthy gains until the end of the month. Be mindful not to enter at a peak and chase gains, I'd say its a good time to enter a options trade on this. 3.50 strike in the money with a straddle for downward movement, track the gann fan lines for support and resistance. Look for...
Personally I've been in a long straddle at 14 strike since before earnings, This is the setup for a pretty good definitive move imo. Targets are 15 up 13 down, I'm staying non directional here.
I'm actually anticipating a break out of this trend line towards the upside target of 186.00/188.00/192.00. Now I would only consider getting in on this trade possibly towards the 178.00/180.00 level depending on volume. However I think that a break out on this stock towards our TP's is probable! Volume: 19.844M EPS: 6.27 Market Cap: 513.081B P/E: 28.67 ...
The Implied Volatility Rank of IYR is at 65 and with a down move of around 6% in the last 20 days, I expect we are going to start a correction soon around the value area. So I decided to sell a Strangle to collect some premium. With 37 days to expiration I Sold the 80/76 Strangle for 0.95 credit. That will give me a 58% probability to make money, but if I close...
tsla now 323$ and it will fall down to 250 before the end of february good luck
Sell the $155 put for February for $0.55 or higher. Looks like it will be close if the market keeps selling off. There is support around $160 at the 200 day SMA.
MU opened and closed below its 100 day SMA on the daily time frame. I can definitely see some more downside down to $39 and maybe even the 200 day SMA on the daily time frame, which is also the 50 day EMA on the weekly time frame. Weekly chart: Considering a $37 Feb put sale for a limit of $0.40 or better. I wouldn't mind owning shares in MU :-)
$NFLX Feb 250 call options up over 1,900% in one week. It took bitcoin a whole year to make that type of returns.
Trend Analysis: -->Looks to be breaking resistance at $215. Strong earnings will likely allow the price to break through. -->Hit support early today around $208 Indicators & Overlays: -->MACD looking to cross over close to 0 -->DMI+ looking to cross over DMI- in an upward trend -->RSI showing resistance at 40 and moving upward back to the 80 range
THE BACKDROP GE closed at $32.25 on Dec 20 2016, at the top of its long term trading channel. The stock has lost 50% since, closing at 16.26 yesterday. This downfall has been ugly, with heavy selling volume, especially most recently. There is no telling how much lower the stock will go. Currently, the stock looks oversold on all time frames and could be ready for...
BABA’s exceptional run seems to be triple-topping. While the long-term trend remains up, the short and mid-term pictures look like they have turned to the downside. The company should announce earnings on Feb 1 before market open and I would wait for this catalyst to go long, just in case any fundamental disappointment should take us lower to confirm the poor,...
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...
Trade details: 65/60 Put Vertical Credit Spread @ $1.00 Prob. of Max Profit = 70.13% Prob. of Max Loss = 10.10% Break-even @ $64.00 119 D.T.E. Trade plan: Entry by oversold + support/resistance analysis Expecting $68.00 support level to survive possible test before earnings report next week for an uptrend continuation before May '18 expiration. Using...
THE DAWN OF ASSET MANAGERS As discussed towards the end of last year, 2018 should be the year of the brokers and asset managers (please watch related ideas below). In this context, and with a dividend yield of 6.36%, BX is probably one of the best asset management pure-plays out there. The trend has been strong on all time frames and the stock is attempting a...