Options360

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Cloudera (CLDR) reported 3rd Quarter October 2020 earnings of $0.15 per share on revenue of $217.9 million. The consensus earnings estimate was $0.09 per share on revenue of $208.7 million. The Earnings Whisper number was $0.13 per share. Revenue grew 9.9% on a year-over-year basis. The company said it expects fourth quarter earnings of $0.10 to $0.12 per share on...

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I wanted to take a step back and zoom out on Bitcoin supply and demand. Because there's only 21 million BTC to ever be in supply, the supply part has to do with who is willing to sell and how much when. Here's a simple 4 year dynamic chart and 3, 2, 1 year screen shot. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn...

Options360

Delta airlines has stayed in an upward trend channel the past 4 months. Today it peeked out above it at $43.67. I saw this as a good entry for a DAL$42-45calendarSpreadStrangle12/11-12/18. This gives me a week to profit the price action on the put side and 2 weeks to profit the price action on the call side. The reason I spread the expiry dates like this is...

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I don't know what happened with BB overnight if anyone can fill me in. But either way, Blackberry just had a +40% breakout! Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it =...

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AZEK earnings are tomorrow at 7am. I just got a $35straddle12/18 because there's very little chart history as it's a 2020 ipo. I did buy some shares and sell them a week later in June. But besides that, I have no other experience trading AZEK. I know plenty about AZEK exterior boards and decking for the house. I am bullish in sentiment and AZEK popped after it's...

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DMRC has a history of trending and staying in that trend every two months. April - June, June - August, August - October, October - December DMRC stayed in it's trend channel. Yesterday DMRC broke out of it's recent 2 month trend channel on the upside, briefly hitting $51.20 surpassing it's 7/25/19 high. I'm keeping an eye on DMRC price action today / this week,...

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DocuSign provides e-signature solutions. I think this is a great product, but seeing what happened with Zoom downward price action, after hours yesterday earnings, it seems like the sentiment for these "stay at home" stocks is weakening. As today & tomorrow price action pans out, if the price goes up, it may not be indicative of the price action after DOCU...

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Sundial Growers, Inc. engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate. The Cannabis segment includes legal cultivation and distribution of cannabis products under federally regulated licenses issued by Health Canada. The Ornamental Flowers segment...

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At Home Group earnings is tomorrow at 4:05pm. Consensus is p/e = $.63 with a revenue of $470 million. This mornings pullback looks like an opportunity to me. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you...

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rsi is showing an upward trend for The Container Store (TCS) and it is at a lower entry point on the 2 month trend line. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a month it =...

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ReneSola has broken out of it's 3 month trend channel before earnings tomorrow 12/01 at 4pm. I'm expecting an earnings surprise and therefore, a new price action trend going into 2021. rsi is parabolic till at least tomorrow earnings call & volume ema continues to be bullish. This mornings pullback looks like an opportunity to me. Do your own due diligence, your...

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MRNA vaccine data is 94.5% effective! I'm not going to try to develop an analysis on MRNA until people's emotions chill out in the market. This sure seems like ground hogs day, almost identical to last Monday. I'm actually writing this post to share a word of caution. Pay attention and watch out for a bull trap across many sectors, including MRNA stock. The time...

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Happy Thanksgiving everybody! May peace, kindness & laughter be as abundant as the food for you and your family today. It sure seems like the massive selloff in BTC over the past 24hrs was prompted by retail investors wanting liquidity for Christmas shopping. And hey, why not? They invested their hard earned money, put it to work for a while and now get to enjoy...

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It looks like Barrick Gold (GOLD) is oversold on the ytd trend channel, rsi & volume ema. The metal gold $1800/oz, hasn't been this cheap since July. I know with all the hoopla about bitcoin being a hedge on inflation, I will not be surprised if GOLD makes a U-turn in the next few weeks / month and starts gaining significant value again. I guess we'll see. I...

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WORK pops +20% on CRM report of buyout talks! I got two 12/4 $36 straddles. Lol. Remember markets close at 1pm today and reopen on Friday. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny for a...

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In addition to significant investments from hedge fund managers and Grayscale Investments, The Wall Street Journal emphasizes increasing demand from retail investors who can now access crypto assets through familiar financial service companies. The report notes that Bitcoin’s volume on Square’s Cash App was $1.6 billion during the third quarter of 2020, compared...

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JD 11/20 target $95. Do your own due diligence, your risk is 100% your responsibility. Good luck and happy trading friends... *3x lucky 7s of trading 101* 7pt Trading compass: Price action Volume average Trend momentum Current events Revenue & Earnings Debt / Cash Book value 7 Common mistakes: +5% portfolio trades Bad risk management Emotions &...

Options360

I honestly don't know what price XPEV will be trading at by December 4th weekly options expiry. This company's price action in November has almost been impossible to get a handle on. With that said, it's price certainly does move. So It is therefore a good candidate for a straddle. I entered a $66straddle12/04 at 10:28am today while IV was lower from sideways...