Looking at the WDFC WD-40 Company options chain ahead of earnings , i would buy the $175 strike price Puts with 2023-4-21 expiration date for about $6.40 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Tesla Trading Plan Trading Price Close: 185.06 After Hours: 184.95 Decrease : .11 Cent Put Call Ration PCTS (tradingview tiskcer) : .83 which is greater than .7 Which is considerd Bearish Earnings Date Wensday 19th of April Press 1.Tesla Nominates Former Tech Chief JB Straubel to Board 2.Tesla Cuts Prices Again as It Seeks to Lure...
Since July of 2022 if $Ford has drop below $11.50 that has been the time to buy Call Options. Mid March it drop below $11.50 and that was the signal for Entry leading up to April 26th Earnings anticipation. “For The Night Is Dark & Full Of Terrors”
Tomorrow morning, we'll be receiving GDP data and jobless claims, which could have a significant impact on the market. Currently, $SPY is at a crucial point on the daily chart, nearing the upper limit of its broadening formation. It's showing positive trends on the daily, weekly, monthly, and quarterly charts. Keep in mind that the month and quarter will close on...
If you haven`t bought TIGR here: Then you should know that looking at the TIGR UP Fintech Holding options chain ahead of earnings , I would buy the $3 strike price at the money Calls with 2023-4-21 expiration date for about $0.24 premium. If the options turn out to be profitable Before the earnings release, I would sell at least 50%. Looking forward to read...
It appears that Netflix shares are attempting to regain their position at 287 dollars, as the current trend seems to be a pullback resulting from the previous breakout of support. It is noteworthy that the price does not seem to be heading any lower, and instead, a strong upward movement is anticipated, which may lead to the price rising to a minimum of 349 dollars.
$XOM wedge break out, looks like it wants the bear gap on the daily If we can close the gap at the $107.78 PL we can extend to the $109 PL otherwise we double top and retest the $106.8 PL
Tech has been on a tear, but expecting them to top out soon. $AAPL is certainly overextended but even though dated shorts are OK, there's still a possibility to hit high $160s unless we see bearish signs.
NVDA triggered an inverse H&S leading to a strong bull trend. We either start topping out or reach a high of $289 before a correction. Volume is low for today. Dated shorts okay but bearish structure/sign preferred for ideal entry. Note this also impacts the $QQQ as a top holding.
SPY faced a major rejection at around $401.50, suggesting it will struggle to break through again. If bulls do push past, I see significant resistance at $404-$407.50. However, it's unlikely we'll reach there soon. I expect the rally to lose momentum and break through to $380s. I recognize potential upside but expect more downside to come. Side Note- I'll be...
$AMD is looking like it's primed for a drop as it enters the supply zone.
My previous idea was for $SPY to seek a channel support break to $387 before potential retracement back into channel. Today $DXY failed to break $102 level, and may retest immediate support below before kicking off a new upwards move, causing another leg down on SPY. I am long despite possible near-term retracement.
$SPY seeks channel support break to $387 before potential retracement back into channel. I'm looking for lower price discovery here overall. See other subsequent ideas that would impact $SPY.
Trade thesis - technical breakout (bearish) - downward break out of 3 months consolidation zone - weekly stochastic showing more room to downside - entry trigger: retest of demand zone and failure to hold above (wicked into the zone and closed below on daily) Position - strategy: put vertical - structure: long 05/19 190p short 05/19 170p - cost: $450 -...
If the US dollar index shows strength, $SPY may break the lower TL. Right now, DXY seems to be just going sideways in this formation but I am long overall.
$NVDA looks bullish & broke the upward trend. Noting a similar pattern to Jan. Retest of gray trend line possible in near-term but shorts should buy time for Jun+ for lower risk. I'm focused on shorting $SPY, but will enter NVDA lightly for Jun/Sep $250/260P for risk to reward.
Bank nifty was continuously working above a trend line but with no big movement hence taking support from a trend line. Breakout of the trendline below triggered entry into PE and gave movement of 300 points in 15-20 mins. This is known as price action study when market breaks out of a channel, trend line or range. Thank you.
Strong selling pressure took $AAPL back into the zone. The initial bullish confirmation for a higher price target is negated and I'm watching how it plays out as it'll impact $SPY. I have a LT bearish view on $AAPL, but can see it bounce off demand.