... for a 33.04 debit. Comments: Selling the monied -75 delta call against a one lot to potentially take advantage of early random call away/*assignment. 33.04 break even with a 1.46 ($146) max profit; 4.42% ROC/32.9% annualized as a function of buying power effect at max. "Random" call away occurs when someone holding the 34.5 long call choses to exercise it...
... for a 33.55 debit. Comments: Selling the -75 delta call against ... . Metrics: Buying Power Effect/Share Price Break Even: 33.55 Max Profit: 1.45 ROC %-age At Max As a Function of Buying Power Effect: 4.32% ROC %-age at 50% of Max: 2.16% Delta/Theta: 26.44/2.98 Here's why I'm doing this instead of selling a put at the delta equivalent strike (the +25): if...
💡 Pattern: Cup & Handle 💡 RSI: 55 Neutral 💡 Risk: Medium ✅ Resistance: 385 ✅ Support: 344 PERFORMANCE 🌕 ST: HOLD 🟢 MT: POSITIVE 🔴 LT: NEGATIVE *ST: Short-term | MT: Mid-term | LT: Long-term Verify it first and believe later. WavePoint ❤️
... for a 1.10 credit. Comments: High IV. An engagement trade targeting the 16 delta (ish). Going small with this starter position, with an eye toward adding at intervals.
... for a 1.37 credit. Comments: Targeting the 16 delta strike here, adding a rung out in January at a strike better than what I currently have on in December at the 30.
Comments: Targeting the 16 delta here to emulate dollar cost averaging into the underlying at strikes slightly better than what I currently have on. December 15th 27: 1.06 credit January 19th 26: 1.41 credit
Comments: Adding a couple rungs at strikes better than what I currently have on, targeting the 16 delta strike to emulate dollar cost averaging in. December 15th 24: .81 credit January 19th 23: 1.15 credit
Select DPO 63 on TQQQ Price in 1 dollar levels on right side DPO levels on left side Max Pain Max Ex OTM 40 calls at highest OI Trade chart TA down above the 0 line Trade chart TA up below the 0 line Sell OTM calls above the 0 line maximum-pain.com
💡 Pattern: Cup & Handle 💡 RSI: 47 Neutral 💡 Risk: Medium ✅ Resistance: 370, 385 ✅ Support: 350 PERFORMANCE 🔴 ST: NEGATIVE 🟡 MT: HOLD 🟡 LT: HOLD *ST: Short-term | MT: Mid-term | LT: Long-term Verify it first and believe later. WavePoint ❤️
💡 Pattern: Falling Wedge 💡 RSI: 48 Neutral 💡 Risk: Medium ✅ Resistance: 181, 196 ✅ Support: 170 PERFORMANCE 🔴 ST: NEGATIVE 🔴 MT: NEGATIVE 🔴 LT: NEGATIVE *ST: Short-term | MT: Mid-term | LT: Long-term Verify it first and believe later. WavePoint ❤️
Well, some would call me crazy. But that's my long term view: TQQQ made 200x since inception in February 2010 until his top in November 2021. Now, in my opinion, we are in the middle of a Bear Market. My expectation is that this Bear Market will last till December 22 until June 23. After that the next Bull market should start. My expectation for the Nasdaq...
💡 Pattern: Cup & Handle 💡 RSI: Neutral 💡 Risk: Medium ✅ Resistance: 15800 ✅ Support: 14500 PERFORMANCE 🔴 ST: NEGATIVE 🟢 MT: POSITIVE 🟢 LT: POSITIVE *ST: Short-term | MT: Mid-term | LT: Long-term Verify it first and believe later. WavePoint ❤️
It's Friday ... the 13th. Here's what's shakin' in exchange-traded fund premium selling ... . Top 5 Options Liquid ETF's Ranked by 30-Day IV: TQQQ 22.9 IVR/60.4 IV GDXJ 23.6/38.9 USO 46.4/38.8 GDX 26.0/33.6 FXI 14.8/31.4 Ideally, you want to have IVR at >50 and IV at >35% in ETF premium-selling land, but you can't have everything in this market ... . Broad...
After the very high non farm payroll data but slowing wage growth as well as the unemployment rate which is still in stable numbers, the increase at the end of last week showed that investors considered good economic conditions. apart from fundamentals, from the technical perspectives a bullish candle was formed at the weekend, but by looking at these two aspects...
I took a short at $372 using credit-calls. The thesis is that NASDAQ:QQQ has made lower highs creating high-resistance liquidity and has shown a propensity to cheese-knife down below prior swing-lows. This is a bearish run. There is a swing-low at $348 that is a possible bounce area; but I think that NASDAQ:QQQ intends to challenge the $372 zone...
It's Friday, and the last trading day of September ... . Here's what's at the top of my IV screener in the exchange-traded fund space: TQQQ, IVR/IV 23.3/64.2% GDXJ, 22.7/36.4% (2.52% yield) FXI, 12.5/33.4% (2.26% yield) EWZ, 11.1/31.9% (10.9% yield) GDX, 26.0/31.5% (2.23% yield) You'll notice that everything is still pretty much in the lower one-quarter of the...
It's Friday and a Triple Witching to boot! Well, IV isn't great here pretty much across the board for us premium sellers. Nevertheless, if you must play (and some of us gotta), here's what's shakin' ... . Broad Market QQQ, .8 IVR, 17.8% 30-day IV, with the shortest duration in which the <16 delta is paying greater than 1% of the strike price: December...
Originally posted something like this, roughly, 4hours ago TVC:NDQ is closing in on the 2023 term trendline again. Weekly this is shown more clearly. Back to daily charts: LOWER HIGHS HIGHER LOWS What pattern is this? Symmetrical Triangle! What does that mean? #NDX has a big move coming this month.😱 #stocks