NYSE:BABA Watching to fill this channel. Doesn't seem like it would be too difficult.
NYSE:STNG Bought puts at the very top on May 4th right when markets opened. Sold them today with some nice gains. Rode the puts for 7.5% (The stock dipped 7.5% - about $1.60) I was tipped off about this stock by stocksoptionschanel.com - they publish daily articles about unusual options activity. >Homepage --> "Articles" --> Notable Options Activity...
Perfect short opportunity for NVDA! Seems like its been following this downward channel on the daily and 3hr. RSI is also falling after a huge run that happened this month... time to load up them puts! My PT is going to be the bottom of the trendline support which brings us to ~575.25 This PT is also conveniently placed in 1D Demand zone where I expect NVDA to...
Notice how just about every mid-June, Netflix takes a dip. Could this be a good option play?
I have been monitoring PTON for a little while now and recently bought some puts on the stock. There is a massive Head and Shoulders pattern that has been formed over the course of 7+ months, starting in late September 2020. This stock was looking bearish when I opened the puts, as can be seen with the MACD crossover and many other indicators. The H&S chart...
Continuous 11 Green days for the SPY has placed spy in a Very Extended territory and it is looks ready to let out some steam. Stochastics are crossing over. We also have a gap to fill down and retest 20 day SMA. AMEX:SPY Targets 1-2 weeks out $400.70 Consider $405 Puts April 19th Unusual options activity spotted. Big puts order flow after market close. About...
NYSE:SOS Be wary of the social hype. The multi time frame RSI on the lower panel is shouting caution in the wind.
Many traders I talk to on social media are buying Put Options as the market grinds higher. Is this a good trade? Yes, it can be, with discipline...
Make sure you are ready for whatever comes next!! Don't be fooled... Either way!! AMEX:SPY
If any of you are up for a gamble, this is a good play for a short position / long puts. AZO has had a monster rally and is starting to wind back to some pre-pandemic support levels I believe. Now this is a good company, but the stock will get caught up in a mess of short-term declines in the Retail Trade sector and this one has far to fall and a well-defined area...
A couple of indicators are showing divergence for the past week or so, as HD has melted up choppily. It needs some relief and is being sustained by erstwhile investors scrambling for a safe investment in a volatile bond market when the banks can't be counted on to manage their risk. I'd suspect that this could continue a little bit, but within the next week or so...
Whirlpool showing extreme bearish divergence in multiple mid-term timeframes on multiple indicators. Semiconductors used in Microwaves and Appliances are infamously unavailable, and this is sure to affect whirlpool's outlooks despite favorable macroeconomic conditions and stock rotation. The entire sector related to homebuilders is due for a drawback, and despite...
Looks like some rounded tops here on the SPY Other indices have bearish patterns as well AMEX:SPY
SOS looks kind of weak and beaten down it probably will retest previous levels of resistance around 4$. Be careful out there the whole market doesn't look solid today.
Hello Community! Before we begin HATE IT OR LOVE IT please support my idea with a thumbs up and a comment. It'll be greatly appreciated! When taking a look at BA we can see it trading in an ascending parallel channel. It has currently reached the top and is looking to aim lower to the next support which is the 55 EMA. If the 55 EMA fails we can expect it test...
I'm expecting price to hold this current resistance on the 4H. If price breaks above current resistance, then I will close these contracts for a loss and salvage what I can from the position. My profit target is around $28. So, why $28? Because price has already checked the $33 - $30 price level noted by the check mark. I think price could move lower to the...
I would take NYSE:BAC weekly puts 34.5 @ 0.17