After French elections, the ES has gapped up this day. We have a bullish signal, so I sell Short PUTS to 2190 Strike (Delta 10). Volatility has fallen and is low at the moment, so check for increasing volas in the next days. Trade: Symbol ES, June Future Duration: 53 days Strike: 2190 (Delta 10)
Volatility has risen in the last days Commercial Traders are going extremely long since a few weeks no distribution in the last weeks
Today I entered a put option with a 53 day expiry because the Bollinger Band and 20 MA was broken. I expect price to fall between $4.00 and $3.00 within the next 15 to 45 days. Max risk is about $160.
Price pushed up through BB and then below them. Then price moved below 20 MA. This gives me reason to believe a significant short movement may be imminent. Therefore, I bought a 30 day put option (Apr17) on the movement. I stand to lose $108.49 if the option does not fulfill the movement I anticipate. Take profit target is at 200 MA.
TGT is a possible High risk setup with high potential reward. It has broken down a long term upward channel & Channel breakdown target is around $45-46. And on the daily chart it has a downward trend, which targets around $44. To play this we are considering $45 July-17 Puts, Currently around $0.45 * Trade Criteria * Date first found- March 14,...
AMZN forming a potential head & shoulder. We would like to take the advantage from the top when it is forming the second shoulder, and a break of $844.33 will be a good entry point. For trade we would consider $850 Apr/May-17 Puts, last traded for $23.75 & $38.02 respectively. * Trade Criteria * Date First Found- February 23, 2017 Pattern/Why- Potential head...
DIS was going higher within an upward channel or rising wedge formation. It seems broken down the pattern, retested the broken support and getting ready to rollover. It would be a good short, If it breaks below 50 day MA, and for trade we would consider $110 May-17 Puts * Trade Criteria * Date First Found- February 23, 2017 Pattern/Why- Upward channel or Rising...
XYL looks very suitable short opportunity as it has lots of weakness. It has moneyflow divergence & insider selling. It also breaking down from a long upward channel. We think it will decline to 46 & lower, and we are considering $50 January puts, last traded for $2.55 You can check our detailed analysis on XYL in the trading room/ Executive summary link...
IMAX seems running within an upward channel, also forming a possible bear flag formation. On the other side we have the earnings coming in 2 days. So we would like to take advantage with option, and we would consider $31 March-17 Puts, last traded for $1.25 * Trade Criteria * Date First Found- February 19, 2017 Pattern/Why- Upward channel, Possible bear flag,...
HOG was our presidential pick. It declined nicely from our entry of $62.13 and now in profit taking zone. Now we are looking for a second opportunity here if it break below the upward channel. And we think it can go all the way down to $40 area. To play this we would consider $55 May-17 puts, currently trading for $2.90/3.10 * Trade Criteria * Date first...
Guys, I am absolutely thrilled and be doing well with BP. I have the stock, LEAPS, Put-Sells, and soon Call-Sells. 1. What do you guys think about it 'after' the earnings? 2. Do you feel Brexit will have any negative effect in 2017-18? 3. Where do you see the stock ending in any timeframe? Please be specific $ and Time (if you can). 4. How are they doing...
Potential early entry opportunity. Text alert was sent when it touched the entry. Trade Criteria Entry Target Criteria- Break of $62.13 Exit Target Criteria- $64.13 Stop Loss Criteria- $46.23, $40.67 Option- $60 Mar-17 Puts @ $3.3 You can check detailed analysis on -- in the trading room/ Executive summary link here- www.youtube.com Time Span- " Trade Status: Pending
CCI is a very speculative earnings play. It seems forming a pennant formation. we think with the earnings it will breakdown. Trade Criteria Date first found - January 13, 2017 Entry Target Criteria- $82.50 or $85 Feb-17 Put options Exit Target Criteria- $77 Stop Loss Criteria- N/A Trade Status: Pending (Note: Trade update is delayed here.)
RMBS was a good success from our Big one class & it is in the profit tracking area. However, there seems a secondary trade opportunity if it breaks below the support area & breaks below 11.57 We would also consider $12 January puts You can check our detailed analysis on RMBS in the trading room/ Executive summary link here- www.youtube.com Time Span: 5:15...
FMBS has 2 head &shoulder pattern forming & both suggesting a decline. We can see a decline from 11 up to 5 in long run. We are looking to trade it with Nov16- 11 put (0.56)
We do not think the weekly range will be extended today and therefore we opened a put binary option for end of day expiry at 4 PM EST and we expect price to be below the horizontal line
Today we predict price will be below the horizontal line at 4 PM EST