The Bank of Japan facilitated the biggest yen sale in six months. The dollar rose 1.70%, approaching last year's high (about 152 yen). Breaking above the Bollinger Bands, which are two standard deviations above the 20-day moving average, the U.S. dollar traded three standard deviations from the moving average. It's quiet today. The dollar has spent most of its...
Analyzing the options chain and the chart patterns of HAL Halliburton Company prior to the earnings report this week, I would consider purchasing the 42usd strike price Puts with an expiration date of 2024-6-21, for a premium of approximately $4.60. 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 the Double Bottom on INTC here: Then analyzing the options chain and the chart patterns of INTC Intel Corporation prior to the earnings report this week, I would consider purchasing the 34usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $2.56. If these options prove to be profitable prior to the...
If you haven`t bought MSFT after they revealed a 49% Stake in OpenAI creator of ChatGPT: Then analyzing the options chain and the chart patterns of MSFT Microsoft Corporation Options prior to the earnings report this week, I would consider purchasing the 350usd strike price Calls with an expiration date of 2023-12-15, for a premium of approximately $6.90. If...
EUR/USD was little changed as traders awaited further stimulus following the release of disappointing Eurozone PMI data. Germany's Ifo business report showed business confidence improved from 85.8 in September to 86.9 in October, but this did not provide additional support for European currencies. From a technical perspective, EUR/USD is unable to settle above...
Overall inflation has declined, but some factors appear to be persisting. The latest figures from the Office for National Statistics show that inflation across the UK is falling. The consumer price index in September was 6.7% and has been stable since August. The largest monthly change was due to lower food and beverage prices, with gasoline and diesel...
International Monetary Fund (IMF) officials said that the yen's depreciation could further worsen as a result of the negative interest rate policy. “As for the yen, we believe exchange rates are influenced by fundamental factors. As long as interest rate differentials persist, the yen will be under downward pressure,” said Sanjaya Panth, IMF deputy director for...
GBP/USD remains stuck near the 1.2200 level as traders wait for additional catalysts. Interestingly, rising Treasury yields did not put pressure on GBP/USD. If GBP/USD settles above 1.2200, it will move towards the next resistance, which is located in the 1.2370 – 1.2410 range.
Output growth in the first half of the year was more stable than expected. GDP increased 0.4% in the June quarter, although GDP and household consumption both continued to decline on a per capita basis. Domestic demand was stronger than expected as strong growth in business investment and public investment offset weak growth in household consumption during the...
If you haven`t sold WBA here: Then analyzing the options chain and the chart patterns of WBA Walgreens Boots Alliance prior to the earnings report this week, I would consider purchasing the 23usd strike price Calls with an expiration date of 2023-10-13, for a premium of approximately $0.54. If these options prove to be profitable prior to the earnings release, I...
If you haven`t bought JBL here: Then analyzing the options chain and the chart patterns of JBL Jabil prior to the earnings report this week, I would consider purchasing the 110usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $2.17. If these options prove to be profitable prior to the earnings release, I would sell at...
Analyzing the options chain and the chart patterns of CTAS Cintas Corporation prior to the earnings report this week, I would consider purchasing the 500usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $10.70. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
If you haven`t sold SFIX here, after disappointing earnings: Then analyzing the options chain and the chart patterns of SFIX Stitch Fix prior to the earnings report this week, I would consider purchasing the 3.50usd strike price in the money Puts with an expiration date of 2023-10-20, for a premium of approximately $0.48. If these options prove to be profitable...
Analyzing the options chain and the chart patterns of EGAN eGain Corporation prior to the earnings report this week, I would consider purchasing the 5usd strike price in the money Calls with an expiration date of 2023-9-15, for a premium of approximately $1.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Analyzing the options chain and the chart patterns of DBI Designer Brands prior to the earnings report this week, I would consider purchasing the 12usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $0.65. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking...
Analyzing the options chain and the chart patterns of CTLT Catalent prior to the earnings report this week, I would consider purchasing the 40usd strike price in the money Calls with an expiration date of 2024-1-19, for a premium of approximately $8.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Analyzing the options chain and the chart patterns of LULU Lululemon Athletical prior to the earnings report this week, I would consider purchasing the 390usd strike price Calls with an expiration date of 2023-12-15, for a premium of approximately $25.90. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Analyzing the options chain and the chart patterns of CHPT ChargePoint Holdings prior to the earnings report this week, I would consider purchasing the 7.50usd strike price Calls with an expiration date of 2023-9-15, for a premium of approximately $0.61. If these options prove to be profitable prior to the earnings release, I would sell at least half of...