... for a 1.09 credit.
Comments: Here, delta balancing my March position by selling a +9 delta put at the 65 strike and a -6 delta call at the 107. I'll look to sell more "normal" strikes for my typical setup once I clean up the remainder of my Feb positions.
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message..
Enjoy Trading... ;)
... for a 2.13 credit.
Comments: An additive delta adjustment trade, which is a functional roll-up of what was my 74.5 short put. At this point, I'm fine with taking a loss on this very narrow short strangle, so long as I'm net up for the cycle on my /MCL trades, but would naturally prefer to scratch it out. Still keeping on the 67 short put for the moment, as...
... for a 1.48 debit.
Comments: Doing a functional roll up with this leg, which I got paid 1.76 in credit for. I'm first closing this leg out for a .28 ($28) realized gain and then will re-erect a "delta appropriate" short put higher up the strike ladder to delta balance against my 84 short call.
For Wednesday, 77.92 can contain selling into later week, above which 82.95 is attainable over the next 3 - 5 days, where the market can top out through next week, once tested 72.22 attainable within several weeks.
Upside Wednesday, a daily settlement above 82.95 signals 87.57 within a full week of activity, where the market encounters longer-term resistance...
We are again testing the lower edge of a key zone for oil. If it breaks through the initial resistance, it could either trade inside that zone or break above and form a new support level where the resistance used to be. I would watch the volumes and tick charts to see where big players enter the market here and be patient. Wait for the price to show its hand. ...
Title: CrudeOil Futures ( CRUDEOIL1! ), H4 Potential for Bearish Drop
Type: Bearish Drop
Resistance: 7676
Pivot: 6764
Support: 5832
Preferred case: On the H4 chart, we have a bearish bias. To add confluence to this, price is crossing below the Ichimoku cloud which indicates a bearish market. If this bearish momentum continues, expect price to possibly continue...
... for a .98 debit.
Comments: Although I've still got 30 days to go with this, taking it off in small profit without affecting net delta much (the 68 was at the +11 delta, the 93 at the -10), leaving me with the fairly narrow 74.5/84 to manage in the Feb cycle, along with a far out-of-the-money short put at the 67. I'll leave that short put on here since I...
Hey everyone,
it looks like smart money bought really cheap in Covid crysis turn and now the prices are really high
Fundamentals are all bad sh1* all here and there now but the chart and TA indicators speaks for itself on this Weekly chart for me.
What I see is rising wedge formation with bearish divergence all over major indicators with very likely double top...
Hey everyone,
after a patient play out of short seen below, finally a long setup popped up on me.
I see a finished EW correction topped out by falling wedge formation with bullish divergence on indicators.
Markets turning bullish and with Bitcoin and cryptocurrencies , I´m adding in bag some oil longs.
This is very nice and conservative Risk:Reward 4...
For Tuesday, 77.68 can contain selling into later week, above which 82.82 is attainable over the next 3 - 5 days, where the market can top out through next week, once tested 71.32 attainable within several weeks.
On the other hand, a daily settlement above 82.82 signals 87.57 within a full week of activity, where the market encounters longer-term resistance able...
... for a .49 debit.
Comments: Collected a total of .74 in credits for the legs of this puppy. Taking small profit here (.25/$25) just to say "I realized some gains today."
Preferably suitable for scalping and accurate as long as you enter carefully the price behavior with the drawn areas.
With your likes and comments, you give me enough energy to provide the best analysis on an ongoing basis.
And if you needed any analysis that was not on the page, you can ask me with a comment or a personal message..
Enjoy Trading... ;)
