Hey Traders! Disney is reporting earnings today after market close. There really isn't much technical analysis can do to determine what outcome the report will have on the stock price. But I will say this... Disney's stock showed decent price appreciation in the last two and a half weeks going from lows of $117.23 per share to highs of $147.68 per share. Although...
Traders can employ the straddle strategy to trade between the high and low of the market price within the grey box, my view on this is the market is more bearish than bullish. I will have a conservative target place on the other end and target2 will be beyond the grey box.
If there's one stock I had to name for being the most unpredictable, it's TESLA ( NASDAQ:TSLA ). This rather volatile stock is expected to have some pretty big moves going into market close today as the company will be holding their annual shareholder meeting at 4:30 p.m. ET. ...But wait...there's more! Once the meeting is over, the company will immediately...
Looks like a descending triangle forming or at the least, a symmetrical triangle. If Descending Triangle: - There will be rapid price drop. If Symmetrical: - In a vacuum, the price would experience a significant movement (up OR down). All things considered, it'll be interesting to see how fast this pops (implodes). I entered a straddle play at $8 Jun 19. Now...
Market is boring, bitcoin doesn't move, so, on the one hand I can only wait for some movement and react to it after, but on the other hand I can react on the waiting of the movement itself (or no movement), i.e long / short volatility. I think there should be some kind of strong movement soon, so I've decided to long BTCMOVEWK0501 contract (straddle) on FTX with...
Straddle, well not exactly since the put is 50 cents lower than the call, but you get it. Pretty cheap with the expected move just a smidgen over $2. Normally I prefer to short options for the IV crush.
IF PRICE REACHES GREEN= BUY IF PRICE REACHES RED= SELL Triangle forming in the BTC/USD price, much like the other one the other day (which would've been a very successful trade as predicted) However this one is spending alot of time in the lower half of the triangle, suggesting it should break out lower. However it could break out either way. I'm guessing it...
Roku (ROKU) August weekly 101 straddle priced for a move of 16.5% into the expected release of quarterly results after the bell on August 7th 2019. What is a straddle: A straddle entails buying a call and put of the same strike that allows the holder to profit based on how much the price of the underlying security moves, regardless of the direction of price...
I am not playing BYND, there are far too many people who lost money shorting this. They might be coming back for some more beating... On the other hand, do you actually believe BYND shares are worth more than $200 ? The option straddle is pricing a 20% move on earnings reported today (Monday 29th) after close. I think it might change even more. Specially on a...
We purchased an at the money straddle for a small debit of only 3.22. This trade is notably cheap because the IVR is extremely low: 2%. Being a long straddle (buying the calls and puts at 165), we are giving ourself unlimited profit, risking a limited $322 per contract. We take our neutral position because of the positive characteristics of the trade itself, but...
With a moderate IVR of 32.3, it makes sense to enter into a short strangle, where we are writing both the 45 calls and puts with the August 9th expiry. This trade does have unlimited risk, but does earn a profit of 550 per contract when the underlying security, Weibo, a Chinese Internet Technology firm, stays exactly at the k of 45. Because of the priced-in...
Right now one of the few places to find high IV across the market is in precious metals - gold, silver, and their corresponding miners. I'm still currently short IV and technically Delta short in $GDXJ, but I think IV will join the market overall and will fall in this sector over the coming weeks. The AUG-23 14 Short Straddle on $SLV has breakevens above recent...
While implied volatility percentile (IVP) is modest at around 41 for $COTY, implied volatility itself is around 35%, meaning that option premiums are still attractive for selling. Yellow lines represent breakeven points for the AUG19 13 short straddle, which are beyond the current 30 day expected range.
Cannabis stocks have the possibility to move a lot in a short period of time, as regulatory changes on whims have huge impact on the market size to which Cannabis companies can sell their products. Although our stance is that the cannabis industry is likely to become even more volatile as more regulatory developments and sector-wide shake-outs leave only the...
We are entering into a near-the-money straddle on $CY by longing the July calls and puts with a strike of $22, for a $.60 debit. The breakevens are below 21.40 and above 22.60. As a long straddle, the maximum loss occurs if the stock price S is at the strike k of $22 at maturity. Taking long positions on both of these options was very cheap because the implied...
An options Straddle on this pair with news coming out today. Should see some movement.
With the market tanking last week Zillow's IVR and IV are at 2 year highs with price in a weekly support zone of 37.75 to 40. Weekly Linear Regression Slope(LRS) looks to be hitting a bottom with the Daily LRS showing divergence. Obvious risky play due to market conditions As of Friday selling price of $5.50 on the 33d 40 p/c straddle leaves room for error...
The indexes are down quite a bit from last week. Yesterday the Dow Jones lost 831 points, Nasdaq 315 points, Nasdaq 100 327 points, and the S&P500 94 points. Across the board we are seeing carnage in the markets. This shows the downturn is broad based and not specific to certain industries or one index. For this post I will focus on the QQQ which is an ETF that...