SBUX is the easiest short of 2019. Currently sitting at ATH in a bear market.
Bearish divergence all over the place and a double top on the RSI is signaling a significant decline.
2/15 69 puts at .58 per contract
Chart is self explanatory. Haven't moved circles from previous charts, those are estimations of when I think we will get there based on trendlines intersecting.
I really think next week is going to be full of red. Spy will decline 3-5% next week.
Position: 265 / 250 put spread @ .70 per contract.
AAPL is a great buy at the current price. You can see the bullish divergence on the daily time from. Here is a screenshot from the February lows
So long as we don't see some bad trade news or any other bearish catalyst for the market, AAPL will continue it's climb.
12/28 170 Calls
Medium term targets