BUY ABOVE - 21490 SL - 21410 TARGETS - 21570,21660,21720 SELL BELOW - 21410 SL - 21460 TARGETS - 21360,21280,21210 NO TRADE ZONE - 21410 to 21490 Previous Day High - 21490 Previous Day Low - 21360 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing...
BUY ABOVE - 48000 SL - 47820 TARGETS - 48200,48420,48600 SELL BELOW - 47650 SL - 48020 TARGETS - 47400,47200,47020 NO TRADE ZONE - 47650 to 48000 Previous Day High - 48200 Previous Day Low - 47820 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle...
Technical Summary: Strategy: Strangle on SAVE stock Initial Credit: $133 (before commissions and fees) Maximum Profit: $120 Required Buying Power (req. bp.): $260 for 39 days Probability of Profit (POP): 85% IV Rank (IVR): Over 94 post-earnings Break-even points: Favorably distant due to high IVR Management opportunities: Anticipated rich rolling...
BUY ABOVE - 21460 SL - 21400 TARGETS - 21530,21600,21660 SELL BELOW - 21360 SL - 21400 TARGETS - 21280,21210,21140 NO TRADE ZONE - 21360 to 21460 Previous Day High - 21490 Previous Day Low - 21240 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing...
BUY ABOVE - 48200 SL - 48040 TARGETS - 48420,48600,48800 SELL BELOW - 47940 SL - 48080 TARGETS - 47650,47400,47200 NO TRADE ZONE - 47940 to 48200 Previous Day High - 48000 Previous Day Low - 47650 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle...
BUY ABOVE - 21210 SL - 21160 TARGETS - 21280,21350,21440 SELL BELOW - 21140 SL - 21210 TARGETS - 21080,21030,20980 NO TRADE ZONE - 21140 to 21210 Previous Day High - 20940 Previous Day Low - 20770 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing...
BUY ABOVE - 47940 SL - 47760 TARGETS - 48200,48420,48601 SELL BELOW - 47570 SL - 47760 TARGETS - 47400,47200,47020 NO TRADE ZONE - 47570 to 47940 Previous Day High - 47940 Previous Day Low - 47540 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle...
BUY ABOVE - 20940 SL - 20910 TARGETS - 20980,21030,21080 SELL BELOW - 20860 SL - 20890 TARGETS - 20820,20770,20730 NO TRADE ZONE - 20860 to 20940 Previous Day High - 20940 Previous Day Low - 20770 I am sharing NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle closing...
BUY ABOVE - 47200 SL - 47020 TARGETS - 47410,47580,47770 SELL BELOW - 47020 SL - 47140 TARGETS - 46900,46760,46500 NO TRADE ZONE - 47020 to 47200 Previous Day High - 47200 Previous Day Low - 46900 I am sharing BANK NIFTY levels this levels acts as important support & resistance for intraday. if you want to trade with this levels wait for 15 min Candle...
... for a 31.72 debit. Comments: Short delta hedge against a long delta portfolio. Buying the back -90 delta put and selling the front +30 to give me -60 delta/contract worth of hedge. This isn't a commentary or forecast of where the market goes from here, but rather in the nature of buying protection to keep my wife from yelling at me because her portfolio is...
... for a 36.91 debit. Comments: Re-establishing my broad market short delta hedge against a long delta portfolio. Buying the back month -90 delta put, and selling the front month +30. 36.91 cost basis with a 393.09 break even on a 49 wide. * -- Long Put Diagonal.
... for a .42 credit. Comments: Down ... and out. Originally collected .95 (See Post Below); with the .42 here, 1.37 total.
... for a .97 credit. Comments: Alas, this could not be meaningfully strike improved, so just rolling it out as is. The deeper the in-the-money it is, the farther out in time you have to go to get paid something decent ... . Collected .79 originally (See Post Below) plus the .97 here for a total of 1.76.
... for an .85 credit. Comments: Another that can't be meaningfully strike improved without paying a debit ... . Collected .75 originally (See Post Below). With the .85 here, 1.60 total. And that ... ends the November contract housekeeping portion of our show. Unfortunately, I'll probably have to do some more of this in the December contract (ugh).
... for a .33 credit. Comments: Rolling down and out ... . Originally collected .89 for the 94 (See Post Below). With the credit received for the roll, I've collected a total of 1.22.
... for a .26 credit. Comments: I could let this ride, but would rather be assigned at a lower strike (if it comes to that). Collected .86 for the 91 (See Post Below). Another .26 here results in 1.08 collected.
In the absence of some kind of face-ripping rally, I'm going to be assigned shares in TLT here shortly, starting with what began as an October 20th 93 short put and an October 20th 89 short put. Here, I'm using short puts as an acquisitional tool, attempting to acquire shares in multi-year weakness, after which I'll proceed to cover the shares with short calls. ...
... for a 4.47 credit. Comments: Had to go out to April here to get paid what I'm looking for, which is no surprise with VIX at 52-week lows. Targeting the shortest duration <16 delta put paying around 1% of the strike price in credit to emulate dollar cost averaging into the broad market. Will naturally look to add in shorter duration should we get a...