Its possible $VZ could go long, falling wedge has appeared and price has started to breakout. Its possible that it could be a FAKE OUT, also price is near $VZ's high. Potential target is $61 - $61.40
Breaking down $SPY and what 11/16 could look like. Tune in! If you like this content, hit subscribe or smash the like button. Any request can be left in the comments and ill get do my best to provide a solid breakdown. YES I KNOW I LOOK LIKE HARRY POTTER.
Its been an EV week with $TSLA $NIO $LI and KNDI all making big movements respective to their stocks. KNDI fell with no news or earnings to send it in either direction with conviction. I would expect to see more news in the coming days and at least another day or two of run up before we see significant downside. I currently hold equity and option contracts going...
All signs point red, but with aapl anything could happen. Its sitting on top of a major suppor now, and watching EOD movement leads me to believe the buyers want to keep it within range. We will see if they get their wishs.
Hi all once again looks like I actually got filled on a low mid line price I was waiting at for this option. Bought the 33 Strike Calls at 4.60, my resting limit price for a long shot. Daily and Hourly are my swing charts for Equity Options. I use filters to measure the Implied Volatility Premium to make sure I am paying low premium for this trade. This is...
Let's hit this again... Checkout the last time we played this below in the linked ideas... Work $38 Call 6/26 @ $48 per contract Do not trade this, you will lose money DotcomJack
*Yar-den - S&P 500 OIL & GAS EQUIPMENT & SERVICES - Bearish *Neg-Earnings (-5.44/5999.25%) *Long Con - Over extended *Short Con - Below Average *E-MINI S&P ENERGY INDEX - Bearish
Looks like SQ is at resistance. MACD crossing. Pin bar on May 22. 2 candle Bearish engulfing on May 26th. Looking to get in an out of this trade. Options probably for June 12th exp.
Good afternoon traders, For the last few weeks we have had our eyes on FB. Although the breakout came quite early, we were able to catch it. About 20 minutes ago I grabbed a few plays to play the continuation. FB CALL $225 5/22 @ $120 per contract. Currently sitting at $160 per contract. Do not trade this, the play is already made but I plan to ride these...
Good Afternoon Traders, Today we will cover a few plays I'm in or looking at. This morning we saw some massive movement all across the market. ACB up another 55%, USOIL ripping, yet we still have a fair share of companies crashing. WORK - DAILY PLAY WORK $28 PUT 5/22 @ 25 (Grabbed before the continuation) The Next Play We will look to grab some WORK...
In this video I cover a short straddle trade in QQQ that has a slight bullish bias to profit from both a price pop as well as the high implied volatility in this underlying. **Current Market Structure** -Medium/Long term bullish trend -Price is reaching some key support areas at 175, 171, 170 -Bearish weekly candle may see prices push lower but I...
Short Strangle, 30 delta (31/38 strikes), 37 'DTE, $1.00 credit
Short Strangle, 25 delta (109/114 strikes), 37 'DTE, $1.30 credit
Short Strangle, 30 delta (39/42 strikes), 37 'DTE, $1.25 credit
There is call skew in TSLA right now which makes call selling more profitable than put selling. I am going to take advantage of the high IV and the call skew by selling premium on the call side. In addition there are 2 long tailed bearish candles, one of them being a bearish pinbar, which could signal weakness in the short term. Keep in mind these bearish...