sell 1 XLI 21 sep 76 call sell 1 XLI 21 sep 76 put credit received 3.19 theta 3.16 delta 0.41 probability of profit 53% initial margin 1,519.18 looking to manage at 25% credit received
The trading action over the last 2 days validated my bearish stance as small caps and tech finally sustained a tumble deep enough to matter. Stock Market Bears Increase the Pressure drduru.com $SPY $QQQ $XLP $XLF $XLI $XLP $AXON #VIX #AT40 #T2108$BHP $USO $SLV $BOTZ $CAT $INTC $KMX $RHT $SPLK $WHR $WIX
The stock market put in a strong week as the bounce from lows and supports continues. Caveats are still glaring like low/declining volume. The Stock Market's Time to Test Buyers' Resolve drduru.com $SPY $QQQ #VIX $AAPL $AMZN $IWM $BBY $BHP $CMG $XLI $XLV #AT40 #T2108 $DE $ITB $LGIH $MNRO $MTCH $NIB $RIO $X
Pretty much self-explanatory. Posting it to see how it evolves, because it is so fucking fun to see the bars run in hindsight. Leaning towards short, although not fully convinced yet. June 2016*
Although AAPL and GILD announce earnings next week, the only earnings announcement that interests me from a premium selling standpoint is TSLA, with a background implied volatility of over 65%. The 73% probability of profit May 11th 255/330 short strangle is paying 5.83 at the mid (off hours quotes) with its defined risk counterpart, the 68% probability of profit...
Another trade we entered today was in PRAXAIR (PX). Heres why we like this bullish position for a nice swing trade: 1) OVERALL MARKET STRENGTH - The overall market looks phenomenal after a strong move the last couple of days and looks to move to new highs. 2) SECTOR STRENGTH - The industrials sector itself is looking phenomenal after today's move. You can see...
Well, at least not all sectors in out right sell mod coming into Monday. There is some hope the accelerated down trend will take a reprieve. I did for get to show XLF and XLB. They both are still lagging other indices. Bottom line XLU, XLK and XLE looking better. XLY, XLI, and XLV ugly. IWM looks best for a trend reversal Monday. Please leave comments below...
BA very bullish stock might have upside potential. XLI bounced of trend support today to boot. Might be good dip buying in the Industrials here.
I started having weekly fundamental analysis in addition to my stocks analysis as a part of a project im taking part in, this week while searching for a stock in XLI i found JEC which had 3 positive quarters and a positive growth expectency due to contracts the company was able to sign, it aligned well with the charts and thats how this post was born. they...
In spite of various media reports that "volatility is back," anyone who plays the premium selling game knows that it isn't in significant measure. Nevertheless, there is some uptick in volatility as compared to the post-election to March volatility lull, which was a slog to get through for premium sellers who look to capitalize on a high implied volatility...
Looking at Illinois Tool Works which has come under some selling pressure as of late. I actually went long at 141.50 thinking i had seen a bottom formed. Started charting the recent fall and noticed this pattern. If one was to trade this pattern the entry would be at point D. The first target would be at point B and second target at C. R/R has been calculated and...
ZBRA- Zebra Technologies Corporation Daily Work NASDAQ:ZBRA
DOV- Dover Corporation Daily Look NYSE:DOV
Aiming to enter a new monthly uptrend, planning on a move to the 40$ area and uptrend to 47$-52$ area, resting area and a release of all the stored accumulation energy to the 3 digits prices.