If one was looking for a short term move, we could wait until we had a close on the 130m above $253.50 area.
There's a 3:1 risk/reward back up to ATHs.
Given that NVDA is a bit pricey, one could use put spreads or call spreads to capture a move here. Jul20 $250s also look playable.
JD yet again offering up a long R:R setup after pushing up the first time.
I think we can look for a re-entry around 40.70 with a stop around 40.00. If you wanted a bit more bullish conformation, you could take the trade with price moving above the last two days' highs.
I'm looking at the Aug17 $40 calls, with the plan to roll up and out in time if JD starts to...
BAC is offering up a nice R:R to the upside.
I have an alarm set above this recent consolidation. If we can break above that on the 130m chart and stay above, I'll try to use the R:R setup that I have in the screen shot.
Pick your targets (aligned on the right-hand side) based on what you like to look for in trade returns.
Shorting some small-caps here as another hedge.
Bought 2x Apr20 $150 calls for $4.30.
Max loss: $860
Stop Loss: Price at 151.50
Target: Price at $145.10
Again, I'll watch price action around the target to see if it wants to roll further. I might also take off half the position if we get a outsized, quick move right away.
Long JNJ via short put spread.
Short Mar16 125/130 put spread for $1.10.
Max loss: $390
Max Win: $110
Target: 50-60% of credit received
Stop loss: Price at $127 or $350ish loss.
short 130 put: 37 delta
long 125 put: 15 delta
If this starts to get really ugly, I may pull off before $127.
Long AAPL via short put spread.
Sold Apr20 145/165 put spread for $2.15.
Max loss: $1,785
Max win: $215
Stop loss: Price at $162 or $400 loser.
Target: 50% of credit received.
short 165 put: 27 delta
long 145 put: 5 delta
Maybe add to the upside if AAPL starts to look better.
Long SPY, short vol via Apr20 239/269 put spread for $3.60.
Max loss (BPR): $2,640
Max win: $360
Target: 50% of credit received
Stop loss: Price at $266.
short 269 put: 38 delta
long 239 put: 8 delta