Price is facing tons of resistance. I think is going back to the support blue line. I just bought some puts as shown. Also we have a double top that is pushing the price down.
Price is retesting the broken support. We have here several bearish patterns (see my previous post lines below) and the stock need much more for a come back. It might try to break the resistance but I don't think is going to make it. If my puts expire out of the money I'll buy more and try again.
Analyzing the options chain and the chart patterns of DKS DICK'S Sporting Goods prior to the earnings report this week, I would consider purchasing the 115usd strike price Puts with an expiration date of 2023-12-15, for a premium of approximately $5.40. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
As you can see here on the daily heikin ashi candlestick chart. We have touched a line of resistance 3 times. Now, I am waiting for a bounce off with high volume too look to swing shorts. #crwd #shorts #puts
If you haven`t sold SE here: Then analyzing the options chain and the chart patterns of SE Sea Limited prior to the earnings report this week, I would consider purchasing the 45usd strike price at the money Calls with an expiration date of 2023-12-15, for a premium of approximately $5.15. If these options prove to be profitable prior to the earnings release, I...
Analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week, I would consider purchasing the 5usd strike price in the money Puts with an expiration date of 2024-1-19, for a premium of approximately $0.82. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
Prices is testing the broken support now resistance, and we have a double top pushing the price down. also the major indexes are hitting important resistance levels, we might see a correction next week. I also bought put of DIA for the next week.
1. PUTS THESIS : My bearish outlook on Tesla (TSLA) is rooted in the anticipation of challenges in upcoming quarterly earnings. Key factors include potential production bottlenecks, supply chain disruptions, and increased competition in the electric vehicle (EV) market. 2. Time Horizon: This is a short to medium-term bearish position. The goal is to capitalize...
These stocks are clearly in a downtrend and testing the downtrend line resistance. I have puts of TGT that I bought on Friday. If you want to trade one of these I recommend to open a limit order at a better price than it closed on Friday for the puts and pick a strike price close to the current price. You can also buy puts with different strike prices to balance...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management Whether the market likes NYSE:AMC earnings after the bell today my team...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management !! This chart analysis is for reference purposes only !! If you want to...
Price is testing the broken support now resistance of the bearish flag. I have puts as described. I think the next week is goin to be red. We could have a fake out of the resistance, opportunity to buy more puts.
Too soon to tell, but apparently is forming a HS in the daily timeframe. Is having trouble to break the 460 level again, it did once, hit the 500 level and pulled back. I'm not shorting this again, I learned my lesson but I'm selling CSP of NVDS expiring on Friday. I don't think is goin to break the 460 any time soon. Every time it rallies I'll be selling CSP every week.
Analyzing the options chain and the chart patterns of MP Materials prior to the earnings report this week, I would consider purchasing the 17.5usd strike price Calls with an expiration date of 2023-11-17, for a premium of approximately $0.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward...
Analyzing the options chain and the chart patterns of SIRI Sirius XM Holdings prior to the earnings report this week, I would consider purchasing the 4usd strike price Puts with an expiration date of 2023-11-17, for a premium of approximately $0.32. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
If you haven`t bought CVX here: or sold it before the previous earnings: Then analyzing the options chain and the chart patterns of CVX Chevron Corporation prior to the earnings report this week, I would consider purchasing the 157.50usd strike price Puts with an expiration date of 2023-11-17, for a premium of approximately $3.42. If these options prove to be...
I'm buying puts here expiring 11/03 strike 120. I think is going down very hard by the end of this week and the next one. Usually bearish flags push the price down very fast and on top of that we have a double top. You may want to close almost all your positing before earnings on the 11/01.