ALRM seems to have stopped its downward trend. It has recovered the EMA 8 and is heading back to EMA 20 territory. I sold a Sep 18 2020 55.0 Put @ 1.3 with the idea that the uptrend will continue over the next few days or weeks. 20-ALRM-01 Opening Date: August 20, 2020 Expiration Date: September 18, 2020 DTE: 29 IV: 44% IV Percentile: 37% Odds of...
30min version with weekly lines
2HR version of the weekly lines
In my August 13 post, I had said “I have a bearish view for tomorrow. I consider the 1 hr candle (11.00 AM) which failed the opening gap and for the day, there was no attempt to recover above 11320. This view is invalid when NIFTY stays above 11360.” I had also mentioned the possibility of big red candle in my post dated “One very interesting...
I expressed my thoughts in August 11 post If global cues are supportive , then NIFTY may attempt another go towards 11380-11390 zone. I think this level should pose some resistance. With VIX slowing down, intraday range is compressing. I do not have a clear view for tomorrow. One very interesting observation is, both days and the week so far has formed...
I don't see any big investors rallying in before they see alot more than what Nikola has delivered so far. They're 2Q revenue of 30k came from excecutive member buying solar panels from Nikola :D... Cathy Wood publicly stated Nikola is headed to 0 in their view. My bets are on 1 and 2... Cheers!
In my trade log of July 29, I commented The breakout has failed. I think NIFTY is likely to test other extremes -- retest of 11000 and 10900 initially. This may not happen tomorrow as tomorrow is an expiry day. There may be another attempt towards 11270 which needs to be watched carefully. Tomorrow I am more biased towards consolidation day. Review NIFTY is...
NASDAQ:INTC Buy Sep-18-20 47.5 Puts @ 0.84
My July 20 Trade Log I had said (Link below) Trend is up. There is no resistance till 10269. I’ll mostly trade intraday on upside. As I mentioned in my weekly view, I’ll wait patiently till I see some signs of exhaustion. In line with my Monthly view posted in June, NIFTY is close 400 points away from challenging my monthly view. Hence I don't move fast on...
Its a happy short covering since last two days in the BN however a sense of confusion will evade only above the pink box (large). We will take Sell of Call options above this area aggresively and on Monday can witness retracement to test near term support level. Follow us on twitter and Tlgm