Fundamentals & Sentiment EUR: Contrary to the direction of this trade idea, the Eurozone economy has been doing quite well for the last few months. However, is it time for a technical correction? Risk reversals suggest that. NZD: Kiwi has been supported by good Building Permits from New Zealand and strong readings from Australia at the beginning of the...
Global Jets ETF $JETS was the stand out sector today up 1.91% on strong volume.. the chart is looking interesting.. after being marked down throughout summer there appears to be a double bottom confirming with a RSI divergence, there is also a steep left sided skew.. to take advantage of this we’re looking at a NOV’19 $20/26 risk reversal for a credit of $0.06...
Sell on a rejection and close below 78.6 Fib.
Here it is, up cluse and personal. This is the Put/Call Ratio 14 day RSI. - A highly reliable indicator of 93.8% accuracy. Dump ALL risk assets - including the highly correlated Precious Metals!! - here! The raw PCCE Here is the VIX ... and the FAANGs ... and the AUDUSD ... and the USD (DXY) ... and Gold Just how many more clues does one really...
NSE:ASHOKLEY Maintain #SL & TGT as mentioned in the chart
CLM9 and oil in general has gone up almost 50% since bottoming after the severe selloff. The upcoming weeks upside should be approached with caution as there is an increased risk of exposure reduction from buyers, which is expected to manifest itself in a potential pullback of 200+ ticks.
A week ago (1/3/19), I wrote a piece on RISK MANAGEMENT recommending purchasing a March Fence (aka a collar) for firms that are long ETH in their inventory. The trade was to buy the H $100 puts and sell the H $250 calls against it. When we sent out this report last week, the market for the fence was -8/8 (worth flat premium). Today, the market 0/16 (worth $8 -...
IBM was very stretched at the Warning-Line 1 and is now seeking balance. So we go from extreme back to balance. It doesn't matter how you call it....Mean-Reversion, Action/Reaction or even manipulation... What count's is, that we have knowledge and rules at hand, which provide high probability trades in REAL live, not just in demo or on backtests. Check out my...
Zivolve, is a revolutionary and evolutionary quant analytical platform. It is developed by Ziggurat Technologies, empowered by Tradingview charting libraries. We aim to help traders to manage the risk and have deeper insights about their trading decisions. We have four analytics as of now which we provided to the public on a handful of cryptocurrencies: ...
On Friday's Options Action, the crew analyzed the performance of the biotech sector. The NASDAQ Biotech ETF (IBB) that tracks the large cap names have underperformed the overall sector recently. IBB has recently formed both a long term cup & handle formation and an inverted head & shoulders, a bullish setup. Coupled the largest 5 names in this ETF reporting...
9,450 July 12 calls BTO .15 while 6,300 July 9.5 puts STO .46.
See how price reacts at the centerline/slding/AR-Lines ? The SWAP in Nov. 16 marked the range and of course it has to come back to breath out. Lastly the weak hands got scared out by a very hard and final drop (red bar). Now I can imagine that time is right to collect some premium on the downside. Even a RiskReversal my be a good trade. P!
IBB found support at the centerline. Next station - U-MLH. With this could be a nice RIskReversal-Trade. P!
Lot's of stops where hit probably behind the bigger structure. It's the Sine Wave center, that is usually broken, bevor price returns in the opposite direction. So, this is my chance and I'm on with my RiskReversal for a credit. P!
NKE plays on major support level. Price Action and Fork confirmed so I set up my RiskReversal. Earnings ahead...I can take it. Worst case would be to own the stock if all goes bad and I get assigned. I then would just sell covered Calls/Puts to bring down the cost basis (entry point of stock). The WWTGT would be a WolfeWave target, which is exactly the...
15,000 of the February 17th $15 strike calls appear bought today for .90 while 15,000 of the February 17th 15 strike puts appear sold for .55. This synthetic long positions equates to the trader holding 1,500,000 shares at a breakeven price of $15.35. FDC daily chart looks primed to breakout with $17 easily in reach by expiry of this trade.
This up sloping TL is too obvious...they'l break it (...uuuhhh finding myself guessing ;-) ) Setting up a covered RiskReversal - very low risk. P!
The lower extreme is met. Now we have a high potential to turn and go north. Sold 2 puts and bought 1 call with 109 DTE.