NVDA seems to be sinking slowly and its new earnings could be a flop, or I might be wrong but lets take a gamble on this.
$645 USD max loss.
145/120 Max gain is if earnings are a flop. We'll see the news has been pretty bearish entirely if they don't hit a home run it'll flop.
AMD has been running it good, and I don't think RTX has been a big hit.
ILMN Sold off big time and fell lower, similar to ALGN
Put Spread $282.5/252.5 EXP is September 27th
30 points wide and cost was $9.13
Market continues to sell off and it could move lower to EMA 200 where it may bounce.
Exit 1 underlying price of $252.5 and max profit will be $1050 Time looks good and my preference for this move is around 45 days.
Took another pot shot today after the gap fill today that the index reverses and makes some retracement lower from here soon.
Bought a bearish put spread on SPY : 20 SEP 19 285/284 PUT @.25
The risk:reward ratio is only 17%, long at the 26 delta, paying less than 1/3 the width.
The market is pricing in a probability of collecting the full payout at 14% and ...
Shorting trumps Powell jebait
Trump is upping the anti on China and Powell
By increasing tariffs on the remaining 10% goods trump is putting more pressure on the market and powell. He was looking for a bigger rate cut and didn't happen however now that he is set to tariff china we'll see how this plays out.
5 spy puts exp September 20
$4 each max loss is...
We are at the bearish for the last 8 hours however, we are now testing 50 EMA.
If we pass it, we have a chance to go up to 10000 USD if we will get pushed down the price might drop to 9400.
Either way, it is an opportunity to make some profit.
175/160 Put Spread $4.67/0.82
$3.85 max loss 11.15 Max Gain
Willing to take a $2 loss on this. $200 max risk
September 20th exp.
Risk is medium as this has been a pretty good trend going up, it could be slowing and weakening slightly.
It may move closer to around $167. Just short term before moving higher.
Put Spread $4.16 entry max loss is $3.12
Max gain is the spread which is 15 points
120/105 Put Spread Expiring September 20th
Target is $105 which is close to support.
ER sell off its going to inhibit some price movement.
I may take a gain at $6 - 8 depending on the trend
NSE:ASIANPAINTtrending for last 5 days and forms enters double top range, under watch list for potential short sell or PUT option buying.Crude oil price variation may have impact on this script.waiting for 15 Mins reversal to proceed with short selling..