I really like this play going into 2020. Has some solid potential as a long play, and the chart is looking great for a near term options play. Hoping for some consolidation into a breakout next week. May not wait though... $ZM
Nice channel, chilling at the middle of it with a spot below around 58.75 on the trendline and above around 61.25. Decent Strangle opportunity here if you buy within $1 OTM (Out of the money) on either side, same cost. Would recommend 1/3 or 1/10 expiration. $SHAK
DISCLAIMER: Don't make any trade based on my Idea. Do your own due diligence, I'm not licensed in...
Nice channel, chilling at the middle of it with a spot below around 70 on the trendline and above around 78. Decent Strangle opportunity here if you buy within $2 OTM (Out of the money) on either side, same cost. $BYND
Got some GE monthly calls a few days ago on the bounce off support line. Chart lined up with news of GE being a "stock to buy" in 2020. Got in at the support spot rather than waiting for momentum. Broke the 11.20 spot at the eod yesterday. We'll see how it holds up.
Nice Floating Island formed on LOW after the initial breakout to all time highs. Looks slightly bearish to come back and fill the gap, but ultimately looking for it to hang up in these levels for a bit then will watch for a breakout.
Wide flag forming after the mini breakout of the base formation. Just watching for some tighter consolidation at this point. No plan yet, just watching for some continued developing of the formation at the new support.
Got this on the break of 30.17 and it gave me all I needed pretty quick. Couldn't sell today (pattern day trader rule) so had to stick through that nasty close. Looks like the culprit may have been Quad Witching Day. Target is another move to $31+.
This chart also has broken out of a long falling wedge on the weekly as I mention in this blog post......
This didn't hang too long in the flag. Extremely high volume after earnings, has room till 6.75ish on daily chart before it hits resistance area. Entered 12/27 6.50 calls at the 6.45 break. It gave another opportunity on the pullback confirmation. We'll see how it goes, but a gap and squeeze seems possible.
Got in this today before the breakdown. 66 calls and 62.50 puts. Seems like a move to 63.50 support is in the cards, if not 63 or more. Will sell PUT when up 100%+, thinking the power move will be in the call on a bounce. This can go $3-4 in a day no problem.
Great looking chart here, at a bottom, news at the end of the day brought strong volume with LOTS of room to the upside. Gaining after hours some. I'm in from 1.23, sold half before close, holding the rest for 1.50+ on Monday. If it dips on the open, I'll add above 1.22. My stop will be 1.15.
TSLA touching the bottom of the trend at the close today, looking for a sell off or weak open to enter with a $100 or less far SEP22 call for a lotto play, with a price target to the top trendline, or with enough volume a break of that. I've seen gains of 40x or more on options the day of expiration, even if the stock only goes up 1-2%. Well worth the risk, just...
Pretty simple play here, entry anywhere under 1.75, stop at recent lows. Price target 2+ Lots of volume coming in, no breakout yet, but I saw it being pumped which sometimes happens before a press release. Total speculation, but the risk reward is there.