CVNA 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...
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 $2.51 + commission This is a...
ECA keeps getting a new support level lower and lower each time, since it never breaks the resistance level we can determine that ECA will keep going down in the long run. May be try buying some puts?
Reliance Industries should go down from here and touches 1200 , Clear evening star and negative news flowing
There is a support level around 54$ 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.
There 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...
This 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...
Earnings: 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
Been looking for a good pullback on this in order to sell some puts. Great earnings and growth company if I do get put shares.
AMZN is currently down trend since October 2018. Resistance is at $1650 (100MA) and support is at $1600 (50MA). Since January 2019, 50MA has been touched 8 times so it's a very strong support. If it breaks support with strong volume then it could go to support trend line in 1 month.
AMEX:USO Option: Put Expiration: 18 APR 19 Strike: 11 Trade Goal: Double+ Entry: .45 Sell 3/4 @ 1.00 Current USO Position: Impulse Wave 5 (Down) Fib Spiral: Wave Count: Will update. -AB
FB 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
notice 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 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...
WE ARE NOW MOVING TO A SELL SIGNAL PUT /CALL MODEL
I'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...
SPY breakdown leading to overall downtrend, PKG seems to have fizzled out of its ER catalyst cannot hold these levels I predict its going lower. Strike $85 $2.4 Stop at 1.2 May go lower if spy continues