The price of Bitcoin is currently on an upward trend since last Thursday. BTC reached its highest point in two weeks at $43,990 before undergoing a correction. At the time of writing, BTC is trading at $43,374. Looking ahead, BTC faces a resistance level in the range of $43,870 to $45,562, which could lead to a further price drop. In the event of a decrease, the...
Analyzing the options chain and the chart patterns of PTON Peloton Interactive prior to the earnings report this week, I would consider purchasing the 8usd strike price Calls with an expiration date of 2025-1-17, for a premium of approximately $1.45. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. PTON...
Crude Oil price have remained sharply range bound for the last two months. CME Group’s West Texas Intermediate (WTI) futures have traded between USD 70-80 a barrel since early November last year. Sharply shifting supply and demand outlook explains range bound trading in crude oil. In this paper, we discuss diverging factors affecting crude oil price and...
EA still in line to reach its March Strike Price: Now analyzing the options chain and the chart patterns of EA Electronic Arts prior to the earnings report this week, I would consider purchasing the 143usd strike price at the money Calls with an expiration date of 2024-2-2, for a premium of approximately $2.57. If these options prove to be profitable prior to...
Trade Overview: Initiated my first options trade for the annual challenge on January 2nd with an IWM strangle. Observing high IVR in the index, I capitalized on the recent VIX spike to enter the 45DTE 212/188 strangle for 3.57cr. Trade Management: Rolling Strategy: Will roll legs as needed before expiration if price diverges. Loss Management: With a ...
UROY does royalties foe uranium mining ore to refined et cetera. On the 60 minute chart, it has been on fire this week picking up 30% in market cap showing explosive volumes at 5X and sustained. The past two days have been rest and recuperation in consolidation. The zero-lag MACD suggests there is more upside in the near term with a line cross under a...
If you haven`t sold the regional top on ABT: Nor reentered this fantastic dip: Then analyzing the options chain and the chart patterns of ABT Abbott Laboratories prior to the earnings report this week, I would consider purchasing the 115usd strike price at the money Calls with an expiration date of 2024-2-16, for a premium of approximately $2.26. The chart is...
If you haven`t sold OZK here: Then analyzing the options chain and the chart patterns of Bank OZK prior to the earnings report this week, I would consider purchasing the 47usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $1.32. If these options prove to be profitable prior to the earnings release, I would sell at least...
SPX Breakdown: My Philosophy is price is king and KEEP IT SIMPLE. Here it is. Today My Plan for SPX intraday... Es to Spx 4752. Spx Bull case Open above 4752 we can test 4762 with 4769 and 4774 (this is my preferred move at opening, then adjust). SPX Bear case Open below 4752 and stay below 4752 we can test 4742 with 4733 and 4728. Hope you enjoy!...
I have clearly explained and have shared the screen shots for the very last time of my trades in this video. Always be on the right side of the market. NOTE:ALL TIME HIGH ON THE WAY FOR SPY
This is my analysis for SPY this week and if you have any questions feel free to leave your comment here. I am expecting a deeper retracement for now. All the levels have been discussed in this analysis. NOTE: UNDERSTAND & THEN TRADE WITH PROPER RR.
If you haven`t sold KBH before the previous earnings: Then analyzing the options chain and the chart patterns of KBH KB Home prior to the earnings report this week, I would consider purchasing the 65usd strike price in the money Puts with an expiration date of 2024-6-21, for a premium of approximately $7.60. If these options prove to be profitable prior to the...
As I posted earlier in my previous post yesterday, FINNIFTY went to cover the unfilled zone on the marked levels today, successfully hitting the marked zone. Coming to the chart of NIFTY, it can be seen there are some old dues for this index to clear as well, which can be expected as early as tomorrow since the unfilled zone of 550-480 can be seen just below...
Tata steel had a previous swing high at 138.65, price not only managed to break previous swing high but also managed to get the candle closing above it. It looks very strong currently and most probably headed towards 150+ SL- 132 (Daily closing)
Happy new year. Lets welcome 2024 with proper understanding of market. I have explained my levels clearly in this analysis. If you have any doubts let me know. NOTE: RETRACEMENT SHOULD COME
www.tradingview.com BANKNIFTY: After reaching all time high, Banknifty is getting continuous rejection at 48000 level. While looking at RSI, it is showing double divergence. It suggest for retail traders and even big players, dont be too bullish. Be very careful with hedge position or StopLoss. If you are not started thinking towards pullback / correction, I...
I have been practicing for exactly 1 month. Took two accounts from 200 to 600/800. But the gains did not hold up well. So I refined my strategy again and again. Time to share the journey with you as it's happening. Going to post daily updates and trade reviews in the updates of this idea. The goal is $5,000. There will be bumps in the road, but I will try to...
NASDAQ:MSFT Has bounced here one, three many times. Straddle would be a good strat here IMO. 360P 370C 2 weeks out. Pick your poison lol. Keep it simple. Support Resistance.