Price is trading sideways and has retested many times horizontal support, with todays FOMC meeting minutes we expect volatility in gold price and potential of price breakout towards the downside....
in order to benefit from current scenario we can PUT options at 1920 strike price or below to get good RR and maximum risk of 2.20 euro per lot ( multiplied by...
Alibaba suffered the past one year.
My last trade was an $BABA Iron Condor, closed in profit:
Now it's time to play for some bullish bounce.
Reasons:
* Bullish volume, +10% in one day.
* Oversold smooth RSI
* Reasonable setup before event
* Bullish action candle
Max profit: $1100
Probability for 50% of Profit: 50%
Profit Target relative to my Buying...
High IVR, I'm not leaving money on the table.
Max profit: $250
Probability of 50%Profit: 83%
Profit Target relative to my Buying Power: 33%
Max loss with my risk management: ~$200
Req. Buy Power: $755 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 80 (ultra high for Microsoft)
Expiry: 50 days
SETUP: IC for $MSFT,...
Don't miss the opportunity of the day!
Highest IVR ETF today with the value of 173!
Of course, -5 delta meaning bearish Iron Condor.
SAFETY ZONES: 200MA could act as support, bullish trendline too.
Max profit: $314
Probability of 50%Profit: 72%
Profit Target relative to my Buying Power: 45%
Max loss with my risk management: ~$150
Req. Buy Power: $686 ...
Quick option spread play for the next 2 weeks:
* 1 year trendline still holding
* bullish trend
Max profit: $154
Probability of Profit: 62%
Profit Target relative to my Buying Power: 18%
Max loss with my risk management: ~$150
Req. Buy Power: $846 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 12
Expiry: 13 days
Sell 2...
I'm planning to expand in better conditions.
Max profit: $186
Probability of Profit: 73%
Profit Target relative to my Buying Power: 22%
Max loss with my risk management: ~$220
Req. Buy Power: $814 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 7.7 (relative low)
Expiry: 44 days
Sell 2 AAPL Jun18' 135 Call
Buy 2 AAPL...
Fib 0.78 hit after event, trendline kissed 4 times:
4hr / 1hr TF in oversold territory
Max profit: $500
Probability of Profit: 55%
Profit Target relative to my Buying Power: 56%
Max loss with my risk management: ~$200
Req. Buy Power: $882 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 5.5 (relative low)
Expiry: ...
Pure TA.
Oversold territory, so take care of the trendline.
Max profit: $213
Probability of Profit: 72%
Profit Target relative to my Buying Power: 20%
Max loss with my risk management: ~$250
Req. Buy Power: $1038 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 34 (average at futures)
Expiry: 36 days
Sell 2 !6JM1 Jun4'...
Tesla filled the gap at $777 before finding a bottom at $722. Now if we break above $743.01 then i'll be looking at $749.41, $763.27 and finally $777.93. looks to be forming a triangle soon,. With er around the corner, I expect an er run up. mental number would be $800 once $777.93 breaks. I'm bull as long as $735.89 holds. safe entry would be the break above...
SPCE looks amazing. Super oversold followed by major volume on the drop. $22.80 is main support, as long as we hold that then i'll be looking to take this thing back up to the gap at $26.42.
SPCE 15min:
SPCE 4hr:
Penn looks to be forming a base at $99.43. lowest I see this thing is going is down to $95 if we break this major support. As of right now, over $99.43 and i'm looking at $106.50 followed by $110.95. Overall move for the swing would be the gap at $123.
PENN 15min:
TESLA smooth RSI confirms the breakout, well defined loss level.
Max profit: $165
Probability of Profit: 60%
Profit Target relative to my CAP: 46%
Max loss with my risk management: ~$100
Req. Buy Power: $355 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 16 (relative low)
Expiry: 51 days
Buy 1 TSLA May21' 595...
NASDAQ:FUTU breaking out of from a clean falling wedge with expectations to reach 140$ and later on 155$. If that fails we can find support at around 94-97$ levels. Don't be surprised if there's a pullback it might happen before we reach 140$ and 155$.
My tasty pick for yesterday: Tencenrt Muc Entertainment big crash.
(1) Prev. support holds
(2) Fibo resistance at fast fall holds
Max profit: $120
Probability of Profit: 87%
Profit Target relative to my Buying Power: 31%
Max loss with my risk management: ~$150
Req. Buy Power: $380 (max loss without management at expiry, no way to let this happen!)...
