EG & UJ Options Expiries for Tomorrows cut.
Since TradingView made it so you can't remove posts, my first (test) post will unfortunately remain, but since it's actually getting a few views (in all its glorious mediocrity) I figured I would at least share the full trade. On May 23rd, NASA announced its selection of Maxar for the construction of the first part of their upcoming Lunar Gateway, slated to...
OKTA's trend is bullish and has been for quite sometime. OKTA grew its revenue by 60% last year (2018). That’s a head and shoulders above most loss-making companies, especially in the cloud space and SSO. And the share price has responded, gaining 126% in the last 12 months. OKTA has reacted bullish more than bearish on earnings historically. Currently the market...
Going to setup a trade using April $47.5 calls stop-limit $4.25 (tweezer top at $4.20 on the options) with a $1 stop. Risking $100 per contract. Upper targets low to mid $50 range. Only concern is that the gap from the last two days has no been filled, but let's see if the sellers jumping on at this resistance get squeezed up. Cheers!
A lot of volume came in on Friday closing as a doji at major resistance. Shorts are most likely hopping on board here. Going down to the 4H you can see there is an ascending triangle. My plan is to enter above February 7th's high with March $85 calls. Should be a strong momentum move to the upside if volume moves in on a breakout of the downtrend line. Let's see...
Descending triangle on AAPL 's faster timeframes. Looking to take the break of $172 with 2:1 target at 178 then second target of $185ish or upper downtrend line. Setting up an options trade with April $165 calls stop limit entry at $10.85. Stop will be at $9 (or $8.85 to make the calculation easier for more contracts/different risk).
BABA is breaking out of its weekly and daily pennant pattern so put in an order for March 165 calls limit buy 8.10 with stop at 6.10. Target is 180-182 on the share price. Let's see if we get filled :-).
SHAK One of my favorite setups is to take a stock long at the break of a resistance or break of support to catch the momentum of the move. Earnings are about 2 weeks out too so SHAK may rise into the ER like most stocks do. MY setup is taking the break of Thursday's candle with March $50 calls. Keeping a tight stop in case it's a failure on the break up. Target...
SQ at a major trendline resistance area from the ATH. People jumped on board short yesterday as you can see the increase in volume and a bearish looking candle. My plan is take the break of that bearish candle of yesterday with a target of $86 area with March $75 calls stoplimit $5.70 with a stop at $4.50-.60. Not risking more than $250. As always let price...
Looking to get into Feb $12.5 calls at $1.00 so that the trade is absolute zero trade meaning, no stop is needed. Just let the trade play out. CLDR was moving a bit after hours on Friday so might gap up tomorrow. Let's see if she fills our order. IF not, we find the next trade. Target is ~$15 first.
Ever since SQ broke its downtrend from the all-time high at the beginning of 2019, our team at PLT has been watching for great intra-day and swing trade setups. SQ is one of our favorite companies to always remain bullish on due to the products and services they offer in the Fin-tech industry. This trade was planned on January 18, 2019 over the weekend to enter...
PYPL looks relatively strong compared to the rest of the market. I think a retest of the $89 area is a good entry for a possible U turn back up to new ATHs. Giving it a wide stop.
I'm betting CELG breaks up :D. Nice risk/reward setup
XLI is popping up here for high IV, going to take advantage of it. -1 Oct19 76/78 Strangle for $2.49 cr Risk: 2x cr received Profit: 50% of max profit Breakevens: $73.51 and $80.49
This trade is definitely a longer term look. IV is spiking way out in time now in TSLA. I was able to sell the Mar15 '19 90/130 put ratio for $1.00/contract. My breakeven is around $49 (Current price is $321.83). The initial capital requirement here is $1200, so this would be around a 8.3% ROC if margin stays about the same here. Worst case scenario, I'm a...
Markets are near ATHs and showing some weakness, so I'm just applying some hedges in case. Bought +1 Aug31 165.5/168.5 put spread for $1.03 Risk: $1.03 Profit: $197 (potential)
WE WILL TRY TO KEEP 100% ACCURACY IN OPTION TRADING
I like this high wave candle for a break higher from the last two day highs. Also need to break the June 4 high and June 5 low. Let's see what happens :)