SPDR SERIES TRUST SPDR S&P BIOTECH ETF

XBI NYSE ARCA & MKT

NaughtyPines

... for a 2.17/contract credit. Notes: 30-day at >35% at 40.1%. Selling the 16 delta here. 1.84% ROC at max as a function of notional risk. As usual, will take profit on approaching worthless or, if in the money at expiry, take assignment and sell call against.

raulmarcusbruno

Waiting ..

TRSS3327

Just for fun Biotech trending with channels relative to XBI. Should normally continue Current 1Yr Channel (white) and entering Channel 'B' after been solidly rejected at top of it.

punitarani

The Biotech is oversold and is looking to revert back to mean. It is currently at its 180 SMA and ended Friday green forming a hammer candle pointing to an upwards move. Trade Ideas: Shares long between 136-140 to 145, 150, 160+ price targets. Bullish. Short Put at 115 expiring 4/16 for $1.15 Credit. $1150 BPE is a little pricy, but still a decent max...

Mcenzy

Simple Short

mikeej

We experienced a very large pull back the past few days and it is reaching the previous high. This may serve as a support on the daily chart. Looking at the ichimoku, there have been two points recently that the chikou span struggled to cross through the price to signal a bearish sentiment. If this pushes through it may be possible that we are more in the bearish...

N0tSwift

We've just had a 10% correction and biotech is about to explode with all of the MRNA applications that will expand after the COVID vaccine research (see also AGTC with new vision therapies). I bought today and will add if we dip in the $152-156 range looking for a bounce on the 50 Day MA and a move higher shortly thereafter. Sold XBI near the top after a 25%...

OptionsRising

In January 2021, you a quick selloff in XBI caused RSI to dip below 20 while directional selling volume also spiked over 50 (yellow rings). This "oversold" condition led to a quick sharp up move (yellow arrow, RSI crossed up over red line), then consolidation before a prolonged move higher. Now I am looking at a peak in RSI and a spike in directional buying...

NaughtyPines

... for a 2.11/contract credit. Notes: With 30-day at 37.5% and expiry-specific at 38.3%, selling a 16 delta in the March cycle (52 days). 1.59% ROC at max as a function of notional risk.

Snowlotus

short XBI

growerik

Biotech etf year in review: O $92.76 H $152.70 L $62.94 C <=> $144 Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading...

NaughtyPines

... for a 2.07 credit. Notes: With 30-day at 39.2% and expiry-specific at 38.7%, selling a little bit of premium in biotech. Will run to approaching worthless/take assignment, sell call against if assigned. 1.68% ROC as a function of notional risk.

solidBus76050

Regeneron show signs on bounce to XBI (biotech index), XBI is growing to SPX itself

solidBus76050

XBI is uptrend in SPX, REGN is about to bounce from down side of the channel in REGN/XBI

ridethemwaves

$XBI - long to new highs to 127

KholleKhokk

Bubbles are natural & good until everybody talks about it. Didn't hear of anyone talking about it, so its a good time to make call - THE NEXT BUBBLE WILL BE IN BIOTECH (if we IGNORE EV and SPAC's ofcourse) My bet is: 1. small cap bios could double-tripple from here. 2. heavy names could get +50% Too much money, to few shares & good companies.

NaughtyPines

... for a 5.91 credit in total. Notes: Going where the volatility is ... . 30-day greater than 35% (39.8%) with the November at-the-money short straddle paying 13.1% of where the stock is currently trading. This isn't usually an IRA play I go for, since you won't get paid to wait if you get assigned shares (the yield is absolutely paltry at .10%). However,...

solidBus76050

biotechnology uptrend relative to SPX