The narrative: There has been a lot of talk about inflation and a china reopening but coppers recent collapse indicates something more ominous may be brewing.
Sell: 3.6525 or higher
The Ingenuity Trading Model is a Geometric Hidden Markov Model with specific inputs related to Price, Time, Volume , and Volatility. The model attempts to...
Buy: 88.25 or lower
The Ingenuity Trading Model is a Geometric Hidden Markov Model with specific inputs related to Price, Time, Volume , and Volatility .
Our Algorithmic Trading Model offers real-time buy or sell signals with specific entry and exit prices.
Reversal Trade: The stock has hurt me in the past but when you trade with a rules based strategy you have to follow your process and not let emotions or past losers get in the way. Hopefully there wont be another earnings calamity
Entry: 153.14 or at a lower price
Options Play: April 16 160/165 Call Vertical
Entry: 71.11 or at a lower price
Options Play: April 16 75/80 Call Vertical
Recovery should be a boost for specialty chemicals. This bounce off the monthly low could be the turning point.
Selling the 65 April 16 calls. The entire EV space has been in decline in recent weeks and in the near term the trend might be flat to bearish. Because of the high implied volatility selling far out of the money calls might be a good way to play to the downside.
Entry: 17.24 or at a lower price
Options Play: March 19 18/19 Call Vertical
Assuming the recovery continues and we continue to see inflation X might be a great play