$FB, trading it 2/7over 243 248-253 possible
under 230 221-235 possible
#intradayoptionstrading #daytrading
NO bias, plan for red or green day. chop/ranging = hand sitting
F
Options
$SPY, trading it 2/7over 453 456-458 possible
under 443.5 438-440 possible
#intradayoptionstrading #daytrading
NO bias, plan for red or green day. chop/ranging = hand sitting
Long (STZ) Constellation BrandsLike many stocks over the last 2 weeks NYSE:STZ has pulled back to a key 50% Retracement Level. This level is also backed up by an Ichimoku cloud pattern. Now within this week's short term pullback to the rally there is an opportunity to play STZ back to the high.
I expressed the trade with April 2022 250 Calls. The goal is to hold right up til earnings for the swing timeframe move and ideally IV rise.
Long
SHOP below $800 soonShopify has currently corrected about 50% from it’s peak and looks like there’s more selling ahead. A high growth name in inflationary environment, so odds are its gets hit more. There’s barely any support below $800, so probably expect it to flush once this bounce is done.
SShort
$NFLX, trading it 2/4over 430 440-446 possible
under 404 388-394 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
$FB, trading it 2/4over 248 254-258 possible
under 235 225-229 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
F
$NVDA, trading it 2/4over 251 256-260 possible
under 237 228-232 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
$TSLA, trading it 2/4over 940 965-980 possible
under 875 835-850 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
$SPY, trading it 2/4over 453 456-458 possible
under 445 440-442 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
$MSFT, trading it 2/3over 316 319-322 possible
under 308 300-304 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
$TSLA, trading it 2/3over 915 936-954 possible
under 882 840-858 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
Trade idea on Walmart - WMTJust as an idea: Cash secured put on Walmart, with a strike price of $134 (delta 23) and an expiry of Feb. 18, 2022. Trade would to be closed on Feb. 16, 2022, 1 day before the quarterly results, which will be published on Feb. 17, 2022, before market opening. The $134-$135 area has successfully acted as support four times over 1 year. Whether it will do it another time is of course uncertain! The additional purchase of the cheaper put with strike price 115$ reduces the margin and creates a bull put spread. This trade idea is one of the 222 trade ideas from my book "The Stock Market Year 2022: Which stocks go up and when?"
Disclaimer:
This trade idea is for educational purposes only and does not constitute investment advice or a solicitation to buy or sell securities or financial instruments. Investment in securities and financial instruments (especially options) are generally associated with risks, up to total loss of the invested capital and above. I am not a financial advisor. Please do your own research and make your own decisions.
W
PYPL Oversold!Fairly bold post considering today was PYPL's worst ever trading day but... I see a reversal in PYPL's downtrend incoming. The RSI is indicating that shares are far oversold on the weekly chart. As shown above it is approaching pretty solid support which could serve as an entry.
Just speculation...
Long
$TGT | TRADE IDEA$TGT 1W
Target is consolidating in a megaphone pattern and bounced off TL support. Looking for history to repeat itself and break above the micro resistance (red line) for a retest of the upper TL. Seeing some bullish divergence as well as the oscillators looking to flip bullish.
Long
$SPY, trading it 2/3over 458 461-463 possible
under 451 445-447 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
$QQQ, trading it 2/2over 367 371-374 possible
under 359 350-354 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
$AMZN, trading it 2/2over 3000 3036-3062 possible
under 2900 2833-2859 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
SNDL Options CallLooking at the SNDL Mar 18 2022 .5 Call, bulls will try to get this up to $1 to keep it listed by then. Also, there next earnings is aroung March 15, 2022. Things should get interesting with this call. I got a couple hundred contracts.
$AMZN, trading it 2/2over 3090 3125-3150 possible
under 2980 2920-2945 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
$FB, trading it 2/2over 329 333-336 possible
under 318 311-314 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
F
$MSFT,trading it 2/2over 312.5 316-319 possible
under 305 299-302 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
$SPY,trading it 2/2over 455 458-460 possible
under 447 442-444 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
$QQQ, trading it 2/2over 370 373.5-375 possible
under 360 355-356.5 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
