I bought Sprint calls
I think it will break $7
The contracts expire on Friday
$7 strike price
I paid .05c per contract
I bought 10 calls, so i paid $50 for this position.
$50 max loss if the contracts expire out of the money.
If Sprint goes back to $8 by Friday $950 profit.
Hi there! The price skyrocketed, reaching the $7.6 per share, because in the today's news FCC Chairman Ajit Pai tells Bloomberg: "In light of the significant commitments made by T-Mobile and Sprint as well as the facts in the record to date, I believe that this transaction is in the public interest and intend to recommend to my colleagues that the FCC approve...
Sprint made a Death Cross on 1D last week (MA50 crossing under MA200) on bearish RSI = 38.934, MACD = -0.125, Highs/Lows = -0.1518. The same pattern has been spotted 3 times in the past, all of which resulted in massive loss in value (roughly -41.50%, -52.30% and -47.80% respectively). Assuming it follows a similar pattern, an equivalent of the last Death Cross...
T-Mobile and Sprint are in talks of performing a merger, however with T-Mobile's CEO making promises of maintaining the same price is a sign of the deal falling through, and we can see that in the price dump on Tuesday. The Megalodon is giving us a strong buy signal on the technical side. Keep Sprint on your watchlist, and keep an eye on this potential merger! ...
Sprint is a decent looking buy a little lower, and it looks like it may be going towards $5 something (Or maybe higher). The company has a couple of warning signs on Gurufocus.com: I don't know what they are, (I don't subscribe to the full version yet). The stock just hit it's 200 day moving average. Most whale investors like to see that as a qualifier for...
Pick Date : 04/13/18
Entry : 5.14
Stop : 5.09
Target : 7.00
Entry : 5.05
Stop : 4.95
Target : 7.00
Income Type : Swing
5.14 is a fresh 4H demand zone RbR. Speculating a weekly trend reversal. Will be doing a set and forget limit order. One can enter in the zone at 5.16 just use risk management and position size...
Sprint #S american stock long term longs at monthly demand zone around 3.59 dollars. Very strong monthly demand level at all time lows, planning ownership of the stock at that strong monthly demand imbalance. Adding a long put option as protection is the way to go
Pick Date : 03/26/18
Entry : 4.94
Stop : 4.84
Target : 6.25
Income Type : Swing
4.94 is a new 4H demand zone . Will be doing a set and forget limit order. One can enter in the zone at 4.96 just use risk management and position size accordingly with the suggested stop. Price will need to have a strong move into the zone....
We see a Cup and Handle pattern starting on the 10/30/17 selloff when they announced that the merger between NASDAQ:TMUS and NYSE:S was officially off after years of talk. Once price recovered and hit the $62s level again on 11/27/17, we see a slight decline, as people who bought in at that level were looking to get out. The price is finally back at the mid $62s...
Inside day after earnings is one of my favorite trade.
Most stocks have much higher volatility on their earnings day and it creates lots of trading opportunities for short-term to mid-term trading.
The philosophy of inside bar is about "neutral","choppy","wait","rest","digest", so an inside day after earnings is like the market still tries hard to figure out the...
I don't see the lure of free packages to users helping increase their bottom line. The only thing holding this together is the dividend payment which they can no longer afford (7.12 Debt to FCF at the time of this chart - fundamentals in general are not good) I expect a continuing downtrend with the looming market correction. Note the IVR is still high leaving...
Great gap and go yesterday. Had this trade setup last night but was unable to have it open due to funds being tied up in PAAS. Going to have to hope for the retest on this one. I missed getting the order in by 1 minute this morning before it took off.
On March 29, 2017 Sprint Corp (S) crossed above its 100 day moving average (MA). Historically this has occurred 197 times. When this happens, the stock does not always continue to rise. It has a median gain of 6.404% and maximum gain of 25.566% over the next 15 trading days.
When we take a look at other technical indicators, the relative strength index (RSI) is...