Over All Moving In Falling WEdge (Bulish PatterN) On Lower TfS Falling Wedge Has Already Broken Now Im Expecting A Test Of Main Trendline Between 0.88 to 0.92 Area And If Got Cleared Then Expecting Move Towards 1.30 and 1.70 Safe Sl Would Be Below Recent Low Entry Can Be Taken On Lower Tfs Retest
Trade thesis - theta collection - current IV rank and percentile are at historical highs aggregating past 252 trading days IV rank: 95% IV %: 99% - near delta neutral options strangle position of 195c/85p on Feb 17 monthly expiry - 85p short leg represent a -32% price buffer to the downside - 195c forms a nearly delta neutral trade on call side (+.02...
Thinking something like this for THETA , unless we just finished the 3rd wave I would expect a 4th now. But the 4th would head to almost $2.50 and cause a breakout of the triangle. Which would be a serious counter trend move & I'd expect my count is off if that happened.
THETA has an easy path to move upwards with over 100% potential in the coming weeks. We can see a higher low long-term on this chart, Dec. vs May 2022, and this can lead to a higher high. This is the THETABTC trading pair. You can find the targets marked green on the chart while the support levels are marked blue. Thank you for reading. Namaste.
THETA's goose is about to be cooked in tandem with Bitcoin retracing back to AT LEAST 20K area. Could THETA have one last surge? - yes of course, but with Bitcoin cliff-walking and Ethereum going parabolic it looks like this chapter of the show will be over soon enough. THETA has been a big hitter but what goes up must come down and price is looking corrective....
I've hugged a lot and I've been hibernating, be careful with the bottom fishing decision this time, I feel like winter is already half way through.
Short Trade > DEBIT SPREAD Buying Put Vertical (Bear Put Spread) This is a Swing Trade, starting small to be able to scale in in different levels. ES x -1 JAN 20 3900 PUT (Sell) ES x 1 JAN 20 3950 PUT (Buy) For now:. MAX RISK = Debit Paid (-$750.00) MAX PROFIT = +$1.750 *This option trade, swing to the buy side, helps us to mitigate the THETA BURN and...
TP1> if we manage to Trade/Bid above MAIN POC 4078, we can test > 4108 > 4141 > 4186 > 4207 > 4221 TP2> if we Open/Trade below MAIN POC 4078 > we can test > 4054 > 4035 > 3995 > 3980 > 3960 > 3934 > 3914 (LIS - Bulls Trapped) Volume Profile 12/14/2022 - Unfair High 4091 (Below Y High) FOMC DUMP, and no BUYERS. Volume accumulation setup > It is forming since...
The picture above is a LOTTO PLAY I took this morning, end up buying 4250 ES CALL 6DTE for an avg of $11 at 8:07am (we were trading around 4054 level) , after the report in 2 minutes ES spiked to 4180 and my options price went to $30 Great I was up +160%, but with IV CRUSH + MKT HEADING LOWER 50 points before the bell, my OPTIONS that I got before 8:10am were...
TP1> if we manage to Trade/Bid above MAIN POC 4054, we can test > 4081 > 4141 > 4186 > 4207 > 4221 TP2> if we Open/Trade below MAIN POC 4054 > we can test > 4035 > 3995 > 3980 > 3960 > 3934 > 3914 (LIS - Bulls Trapped) *All those levels will be INVALID as tomorrow 2:00 PM we will have FOMC Interest Rates REPORT ! GET READY for LOTTO TRADES. $ES can move again...
I decided to close all my NAKED PUT trades instead of Hedging with $SPY, the reason to that is the move tomorrow can offset my HEDGE if goes against me, even with Beta Weight Portfolio. So in this case I will reestablish all positions once we are over with the uncertainty, and that's until FOMC (Wednesday 2:00pm).
thetausdt redistribution found on 1 h tf thetausdt redistribution found on 1 h tf going to short theta dyor
New Trade $COIN Naked Put Strike $22.5 Premium $0.53 x 3 contract = $159.00 Adding to the previous contracts Strikes 25 for a total credit of $557.00
New Trade $AMZN Naked Put Strike $71 Premium $0.58 x 1 contract = $58 Adding to the previous contracts Strikes 75 and 78 for a total credit of $556.00
New Trade $EWZ Naked Put Strike $26 Premium $0.67 x 3 contract = $200.00
New Trade $COST Naked Put Strike $370 Premium $1.16 x 2 contract = $232.00
New Trade $TSLA Naked Put Strike $110 Premium $1.05 x 1 contract = $105.00 Adding to the previous contracts Strikes 120 and 113.33 for a total credit of $548.00
New Trade $GOOGL Naked Put Strike $79 Premium $0.66 x 4 contracts = $264.00