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WEA trade ideas

WAL Western Alliance Bancorporation Options Ahead of EarningsIf you haven`t bought the start of the reversal on WAL: Now analyzing the options chain and the chart patterns of WAL Western Alliance Bancorporation prior to the earnings report this week, I would consider purchasing the 65usd strike price Puts with an expiration date of 2024-9-20, for a premium of approximately $1.60. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:WALShort
by TopgOptions
WAL Western Alliance Bancorporation Options Ahead of EarningsIf you haven`t bought WAL before the previous earnings: Then analyzing the options chain and the chart patterns of WAL Western Alliance Bancorporation prior to the earnings report this week, I would consider purchasing the 52.50usd strike price in the money Calls with an expiration date of 2024-6-21, for a premium of approximately $6.35. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:WALLong
by TopgOptions
WAL Western Alliance Bancorporation Options Ahead of EarningsIf you haven`t bought WAL here: Then analyzing the options chain and the chart patterns of WAL Western Alliance Bancorporation prior to the earnings report this week, I would consider purchasing the 48usd strike price in the money Puts with an expiration date of 2023-10-20, for a premium of approximately $2.12. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:WALShort
by TopgOptions
Western Alliance | WALWestern Alliance shares pulled back from their session lows after the Arizona-based bank denied it was exploring a potential sale The Arizona bank described a report in the Financial Times that it was considering a potential sale of all or part of its business as “categorically false in all respects”, adding: “Western Alliance is not exploring a sale, nor has it hired an advisor to explore strategic options.” Two people briefed on internal discussions had told the FT that the bank, which has a FWB:2BN market capitalisation, was exploring strategic options including a potential sale of all or part of its business. The Arizona-based bank, which has $65bn of assets, fell by as much as 45 per cent after the FT report, before recovering to trade 39 per cent lower. Earlier on Thursday, PacWest, another bank that has unnerved investors, announced that it was exploring its options. Shares of US regional banks have come under heavy selling pressure this week after the regulator-brokered takeover of First Republic by JPMorgan Chase failed to restore confidence in the sector. In a press conference on Wednesday, US Federal Reserve chair Jay Powell tried to soothe concerns about the bank turmoil, saying conditions across the sector had “broadly improved” since the period of “severe stress” in early March and that the system as a whole was “sound”. US officials are watching deposit flows more closely than share prices, which Powell said on Wednesday had stabilised, given the view that they are a better indicator of the health of a bank. “The resolution and sale of First Republic is an important step toward drawing a line under that period of severe stress,” he said before PacWest announced plans to explore a potential sale. Western Alliance said on Wednesday that total deposits had risen to $48.8bn from $47.6bn at the end of March. It said it had “not experienced unusual deposit flows following the sale of First Republic”. It said 74 per cent of deposits were covered by Federal Deposit Insurance Corporation guarantees. Western Alliance for much of the past two decades was run by Robert Sarver, the former owner of the Phoenix Suns NBA basketball franchise. Earlier this year, Sarver was forced to sell the Suns after an investigation found evidence that under his leadership the team had created a hostile environment both for black people and women. Sarver was fined $10mn and suspended from the NBA and the WNBA for a year. Sarver, who had held the top role at Western Alliance since 2003, stepped down as chair of the bank last year as the NBA controversy unfolded.
NYSE:WALShort
by moonypto
2
Regional banks collapseU.S. regional banks have been dropping since March 8th when Silicon Valley Bank collapsed. Silicon Valley Bank suddenly announced that it needed to raise additional capital of 2.25 billion, by issuing new common and convertible preferred shares. This decision caused panic and a run on the bank. Two days later, on March 10, the most serious banking crisis since the financial crisis of 2008 began, when the Federal Deposit Insurance Corp., the Federal Reserve and the U.S. Treasury Department said they had closed Silicon Valley Bank. Without waiting for widespread panic, regulators also closed Signature Bank in New York on March 12. For weeks, First Republic Bank sought to reassure customers and investors, even obtaining an injection of $30 billion from a coalition of 11 large banks to shore up its liquidity. But in the end, First Republic Bank failed and was sold to JPMorgan Chase on May 1. How quickly will the Receiver make payments on Receiver's Certificates? By law, after insured depositors are paid, uninsured depositors are paid next, followed by general creditors and then stockholders. In most cases, general creditors and stockholders realize little or no recovery. Payments of uninsured funds only, called dividends, depend on the net recovered proceeds from the liquidation of the bank's assets and the payment of bank liabilities according to federal statute. While fully insured deposits are paid promptly after the failure of the bank, the disbursements of uninsured funds may take place over several years based on the timing in the liquidation of the failed bank assets. (source FDIC.gov) Here's a 1-day (16hr ext) chart with the tickerTracker MFI Oscillator indicator. This is a comparison between a stable bank (C) Citigroup with unstable bank stocks WAL, PACW, FHN, FRCB, SIVBQ, SBNY.
NYSE:WAL
by Options360
Real Estate Bank gone bad.... Join The #Bitcoin Alliance maybe?Saturday night i decided to take a look at all major bank charts. I called 3 potential 'dangerous ones' and ended up guessing 2 of them right. One of them was Western Alliance Bancorporation. (you can ask me for proof if you are interested to confirm this). Western Alliance Bancorporation: Uncertainty Prevails seekingalpha.com : Shares of the Western Alliance Bank (NYSE:WAL) have fallen victim to the uncertainty which materialized at light breaking speed in the financial sector in the second half of last week. The bank has similarities to the troubled SVB Financial Group as these (perceived) similarities, (even if they are not applicable to the same extent) create massive uncertainty here. Consequently, investors are selling first and depositors withdrawing before asking questions. A Quick Intro Western Alliance Bank is a Phoenix-headquartered bank which employs over 3,000 workers across more than 50 offices. After a though time during the recession of 2009, the company has seen a solid recovery. Originally founded as the Bank of West Nevada in the 1990s the company went public in 2005 and subsequently has steadily grown, surpassing the $50 billion asset market in 2021. The company describes itself as a national banking platform with (remote) offices located throughout the country, although many branches are located in the Western part of the country. The company has ten folded its asset base over the past decade, as that growth has come with greater diversification in the loan book (to borrower categories) as well. That said, 37% of the loan book is lent out in California and a substantial amount of loans is geared towards real estate. What's next? Uncertainty.. I hope all goes well but in the meantime remember to look at Bitcoin. Just my humble opinion, perhaps I am right. One Love, The FXPROFESSOR
NYSE:WALShort
by FX_Professor
BUY to WESTERN ALLIANCE BANCORPHey traders, WESTERN ALLIANCE BANCORP is in a truly historic moment and we may have to deal with a new higher in its history. She is in a fake bearish push with a large sell volume issued and a sort of marubozu followed by short legs. The TIMEFRAME M1 shows a water carrier candle shape with a fake return of traded sales volume as it heads to its next low point. To fill a bullish breakout gap, swallow it again to check the base of the bollinger and finish on the top of the equilibrium zone to retest it. Strong possibility of breaking the price with the momentum then then the zone to reach the one above and make a new historical high. Checking on the bollinger high with a propable test of the bullish channel top, then area with a key figure of 98.00 retuned for now. Please LIKE & FOLLOW, thank you!
NYSE:WALShort
by stephanelibatd
2