BTC BTCUSD Three Drivers with Triple H&S so far? Crazy right? v2Here is a possible scenario of the previous idea for BITSTAMP:BTCUSD . I seriously doubt it will do another 2 sets of H&S but so far it does follow the Three Drivers.
This is an extended version of:
Let me know what do you think about this madness.
Put
TESLA Bull Put SpreadTesla may be moving higher as its hit support at the bottom of its move. It may go lower but I'm going to assume that the move is finished and put in a long position on TSLA.
Investor meeting was fruitful and got a good reaction after hours. SPY will be moving sideways on indecision as investors are hyped due to the Powell put but still concerned about trade tariffs with China.
I think its time to put on some more condors on some high IVR stocks.
185/190 looking to get at least $110-$150 for the position and max risk is $350-390
I will update this tomorrow.
This is a journal entry and not trade advice.
CVNA Bear Put SpreadCVNA is still a bearish position for me I plan to put in a 70/75 Bear Put Spread as it seems to be continuing sideways I felt my 60/65 spread was too close and I took a loss on it. In the end it may still have been a fine position I could have over reacted out of fear.
I plan to put on this trade $70 profit max loss is $430 I will buy 2 spreads
$140 max and $860 max risk
Profit target is $70 and max loss is $140
Target exit will be end of June.
Facebook Bear Call SpreadFacebook bear call spread 185/190 ending July 19th, re-eval on July 1st
$150/350 Reward/Risk
Target is $120 with $240 max loss.
SPY is fading FB may follow if it breaks support
CVNA Parabolic Arc Retracement PatternCVNA is slowly losing momentum. Recently released a debt issuance and it dropped its after hours trading lower to around $64.
CVNA could lose steam and change direction like it has in the past. I write a call at $45 and buy a call at $70 expiry is August 16th.
45/70 Credit Spread EXP AUG 16. $1570/930 Risk (May change after I put on trade)
Target exit is July at around $800-900 profit.
"A" Short Idea I bought a call credit spread against "A" 72.5/77.5 Credit spread exp June 21st Fill Price 2.49
Earnings are tomorrow but due to the uncertainty in the air with the whole tariff move courtesy of trump everything that recently looked good will look less good because everyone will be skiddish. Let's see how it pans out.
Max loss $2.51 + commission
This is a journal entry and not trading advice.
Sell ECA NowECA keeps getting a new support level lower and lower each time, since it never breaks the resistance level we can determine that ECA will keep going down in the long run. May be try buying some puts?
Chance to sell a good working PUT on AltriaThere is a support level around 54$ which was already tested beginning of April.
Stop should be arround 52$.
Next support is somewhere near 50$ which make the sell of a PUT very attractive.
From indicator perspective only my RVGI is bullish by crossing the 0 line.
THE FOSCHINI GROUP (TFG) DAILY TIMEFRAME SHORTThere is no magic crystal ball here. Whether you are on the daily timeframe or 4-hour, the stars are aligned baby! The price for this stock is moving in a clear range with the support at 15 760 and the resistance at 17 825. Now we can see a bearish candle start to form at the top, and a second closure of a bearish candle will likely be my trigger for the trade. A more conservative entry would be to enter when the third bearish candle moves halfway the length of the prior candle.
CRON Bubble Popped: Fibonacci Retracement InitiatedThis sure looks familiar, doesn't it? CRON has a lot more going for it than TLRY, but we still lack justification for this recent rush up. Too high maaaan, it got too highhhh.
Notice the uptick in buying and selling volume here recently - this is typical in the end of a bubble cycle. Also notice the downward cypher pattern we are setup to form.
Bought a 50 delta, March 1st put on it - expecting to hold till around the $16 level. If you hop on the short train, be ready and be careful; this is about to be a wild ride.
Preparing for this weeks earnings! - DSWEarnings: Tuesday before open
Technical: Sell
Forecast: Expect a decline in earnings
In the last 20 days, it has done nothing but go down
Action: Buy a put
FB-Option TradeFB
Rating: Strong Sell
Trades are first posted on FibMarketWatch.com
Dirty Facebook
Option Trade: Long Put
Expiration: 15 MAR 19
Strike: $165
Type: Put
Mark: $4.55
Entry: $4.40
Trade Goal: Double
Trade Time-frame: 5 Days
Trade Target: $150
Will update.
-AB
TWTR likes to fallnotice the 2 black channels , one going across , plenty room to drop , ,
the other down trend black channel also has room for it to drop more !
there is that one gap down there that has not filled
its below the channel and other gap that has filled
2 week out Put 31 put , 100 % to 200 % gain or stop loss 50%
Dividend Capture Strategy for easy cash flowDividend Capture strategy for easy cash flow on XOM
Exxon Mobil pays .82 per share quarterly and the ex-dividend date is this Friday (2/8/2019) the dividend pay date is on 3/11/19. So yearly Will get $3.28 (.82x4)for a dividend yield of 4.4% not bad.
But by selling the ATM Put for $1.02 I will increase the premium plus dividend paid for the year to $4.30 and increase the yield to 5.77%. That alone is an improvement of 31%.
If I don't get assigned I get to keep the premium and make over $500 in a couple of days and if I do get assigned then I will sell some calls to keep reducing my basis and improve my yield even more.
The Trade: XOM
Sold 5 ATM Puts @ 74.5 for $1.02
4 days to expiration
XSP Options short, Long putI'm conscious of how price has behaved around the highlighted pivot zone. This could be a good spot for strong rejection.
Momentum
indicators are showing a loss of momentum on low time-frames, and we have failed to break resistance for a couple of days.
Volume
We are now seeing a pronounced drop of buy volume visible on the daily and hourly charts which could indicate trend exhaustion is possible.
Time analysis: TD sequential on a green 7, unlikely to complete a full cycle, which could mean a slow and steady breakdown rather than a rapid selloff. This could mean
Momentum: MACD histogram is negative. RSI is constantly posting lower highs, and lower lows
overall sentiment on trend on lower timeframes is uncertain (previously bullish) and on longer timeframes remains bearish.






















