Earnings play - Long GILDEntry: $73.50 (options Call exp May 4).
Bullish.
1st target: $76.26
2nd target: $79.17
Trade ideas
GILD Bearish bounce off $76 resistance levelThe bearish DailyPlay we chose for Tuesday, April 24th is Gilead (GILD). GILD recently bounced lower off its $76 resistance level and trends have turned bearish with weak moneyflow. Look for a continuation lower towards $69 support level as our target. We suggest using put vertical spreads to take a bearish view with limited risk.
OptionsPlay Example: GILD Jun 01 67.5/75 Put Vertical @ $276 - View this Trade: app.optionsplay.com
Cost: $276
Max Reward: $474
Max Risk: $276
POP: 45.20%
Breakeven: $72.24
As a stop loss, if GILD was to trade above $76 for multiple days, this would invalidate our analysis and suggest getting out of the trade.
GILD BACK AT THE "RIGHT OR RIGHT OUT" LEVELGILD HAS MOVED BACK DOWN TO A LEVEL AT WHICH WE CAN BUY IT WITH A VERY CLOSE STOP.
IT IS RESTING ON THE LOWER BOLLINGER BAND AND COULD EASILY SPRINGBOARD BACK TO $80-82 AREA.
I FAVOR THE GILD 4/77.50 CALL BOUGHT TODAY @ $1.76...OZ
GILD - Cup and handle... Get ready for a shot at over $100 per share as people look for safe haven as the market Corrects. SQQQ also a good option for the braves!
GILD - Selling Naked Puts$78 Feb 9th Puts executed at $2.10
L.T. bullish bias. GILD at support level. Time premium very high especially considering only 4 days till expiration. If price is ITM and shares are exercised, my buy price is $75.90. I can sell calls at that time &/or do a swing trade.
D: -.4623
G: .1295
T: -.1534
IV%: 65% (versus 37.8%)
W:
Waiting for retest to buy & hodlSupply and Demand, Support and Resistance, Price Action, Price Pattern, Elliott Wave.
Giled Change of CharacterPrice broke from long downtrend and shaping up to move higher
Stop Loss : 71.50
Immediate target is 82-86. Once that's taken out expect this to reach >100 by 2018
fib retrace shortBased on the fibonacci retracement conducted at several points in time, I predict the stock will decrease
Price target: 76.5
Stop loss: 75.75
Still learning
GILD - Naked PutsI like the looks of GILD. I'm selling puts to collect premium and maybe enter long position if the option is exercised.
1M:
1W:
So many bearish set ups developingWatching for H&S breakdown to confirm. Targets given in VIP room. Join us and get many great stock and option picks. @classicoptions
GILD on watchIf GILD moves sideways and doesn't make an up move soon, it will probably fall more for a good short like the previous highlighted area. If it does move up, then a good rebound is on its way.
GILD double bottom with buy divergenceDouble bottom with stochastic divergence. Looking for a move up in price before entry at 72.75. Stop is set to 71.75. Looking for a target of 75.00 - 78.00
Mid Divergence Triangle BreakoutGilead is moving nearing the breakout point of a triangle with stochastic divergence in the middle of the oscillator. Strong signal usually leads to big breakouts. Be patient, let it start moving up before getting in.
Buy: 84.00
Stop: 82.75
Target: 86.27 - 90.00 (2.46% - 6.89%)
