The Indian stock market experienced a significant downturn last week, with the Nifty 50 closing at 24,852, a substantial 400 points below the previous week's close. Despite reaching a weekly high of 25,333, the index ultimately settled within its expected range of 25,850 to 24,600.
Looking ahead, a bearish outlook prevails for the coming week. The Nifty is...
Analyzing the options chain and the chart patterns of BIBI Bilibili prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $1.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of DELL Technologies prior to the earnings report this week,
I would consider purchasing the 145usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $5.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of AMAT Applied Materials prior to the earnings report this week,
I would consider purchasing the 195usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $15.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of MRK Merck prior to the earnings report this week,
I would consider purchasing the 127usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $2.64.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If you haven`t sold the Head and Shoulders bearish chart pattern on SPOT:
nor bought calls before the previous earnings:
Now analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week,
I would consider purchasing the 290usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of...
If you haven`t sold NKE on this Head and Shoulders bearish chart pattern:
Now analyzing the options chain and the chart patterns of NKE Nike prior to the earnings report this week,
I would consider purchasing the 97.50usd strike price Puts with
an expiration date of 2024-7-19,
for a premium of approximately $4.25.
If these options prove to be profitable prior to...
Analyzing the options chain and the chart patterns of VKTX Viking Therapeutics prior to the earnings report this week,
I would consider purchasing the 11usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Analyzing the options chain and the chart patterns of NOW ServiceNow prior to the earnings report this week,
I would consider purchasing the 810usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $29.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If you haven`t bought the dip on PM:
nor sold the top:
Then analyzing the options chain and the chart patterns of PM Philip Morris International prior to the earnings report this week,
I would consider purchasing the 92.50usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $5.80.
If these options prove to be profitable...
Analyzing the options chain and the chart patterns of BTAI BioXcel Therapeutics prior to the earnings report this week,
I would consider purchasing the 3usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $0.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
#OP
The downtrend channel was broken strongly with a strong daily candle on a 1-day frame
The broken trend was retested
We also have an upward trend on the RSI indicator
We also have a higher stability moving average of 100
Entry price 9.31
The first goal is 9.67
Second goal 10.47
Third goal 11.17
Analyzing the options chain and the chart patterns of LAZR Luminar Technologies prior to the earnings report this week,
I would consider purchasing the 2.50usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $0.59.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
If you haven`t sold ABNB on this valuation thesis:
Then analyzing the options chain and the chart patterns of ABNB Airbnb prior to the earnings report this week,
I would consider purchasing the 150usd strike price in the money Puts with
an expiration date of 2024-2-16,
for a premium of approximately $7.70.
If these options prove to be profitable prior to the...
Analyzing the options chain and the chart patterns of CVS Health Corporation prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2024-2-9,
for a premium of approximately $1.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of RCL Royal Caribbean Cruises prior to the earnings report this week,
I would consider purchasing the 130usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $6.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Analyzing the options chain and the chart patterns of BP p.l.c. prior to the earnings report this week,
I would consider purchasing the 36usd strike price in the money Puts with
an expiration date of 2024-7-19,
for a premium of approximately $3.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
