OptionsRising

OptionsRising Updated 

I closed my puts because I will lose value with IV decline and theta decay if stock bounces up before going lower. See notes on chart. Bought 800 calls and IV quickly increased and raised options prices as well. Looking for stock to go up to 20sma on 30min chart, around 790, but also setting exit to keep profits if stock drops.

OptionsRising Updated 

See annotations in chart please, and I have included earlier TSLA chart from when I bought puts. If you open weekly puts for a day trade, use 5m and have a loss exit plan ready.

OptionsRising

Please see chart annotations for my reasons for this trade. I opened weekly expiry 2010 puts at $2.68.

OptionsRising

It is rare for %K on stochastic oscillator to move between 80-20 in 2-3 candles (days). This happened with AAPL, and it is - in my opinion - an ignored indicator of a pending move up or down. This morning was a great time to buy puts for a swing trade, when stock was 322-323. There is still time to enter, as 30m RSI is still over 50. You can also see weekly...

OptionsRising Updated 

After a sharp move up, stock retraced back to the 20sma on 2/3. 20sma is just coming out above the cloud and showing a good uptrend. RSI yesterday came down to 51 and today it should move higher if stock is to move up. Stochastic %K was at 11 yesterday and should bounce up. More risk - buy March monthly calls today and hold until/thru earnings on 3/2 - set...

OptionsRising Updated 

See divergence between price action and stochastic %K (marked with yellow lines). Watch for RSI to break its uptrend. 60m charts take time to play out, but this candle is a warning to buyers and hints at a reversal. Mainly I am looking at 30m chart, for stochastic to move below 50, and then for RSI to move below 50.

OptionsRising Updated 

This indicator tends to lead RSI. I set my %K to 14-day to match RSI. Chart is zoomed in a bit so you can see the yellow rectangles on 1/31 show that %K dropped from over 80 to under 20 in 3 time periods (candles). When this %K move happens in 2-3 candles (up or down), there is usually a quick move back in trend direction, and then price starts turning at some...

OptionsRising Updated 

NFLX is trying to push over the weekly resistance line (red). On the daily, today's candle is pushing out of the channel (yellow lines on chart) and filling gap from July. If stock is to fail at resistance then price should fall over next two weeks. I will exit trade before 2/15. On weekly, 10sma is at 333 and 20sma is at 310, so I like reward to risk TRADE: ...

OptionsRising Updated 

Today these puts cost $3.30 (as I write this) with 52 days until expiration. I am opening a small position since principal will be tied up for a while, and risk could be high. RSI has touched 90 on the weekly chart. Exit loss planning: 1) stock trade over today's high 2) stock trade over 330 in next 2 weeks 3)option value below a set value, depending on your...

OptionsRising Updated 

Please see my linked chart for the original trade idea. 1) I bought options expiring 1/31 on 1/13, knowing that earnings is on 1/29 after market close. If you buy close to earnings and plan to hold overnight, you have to consider theta and IV, and be ready to adjust your exit plan. 2) Theta cut into my profits because price hovered near yellow resistance line...

OptionsRising

Visa reports on 1/30 after market close - this is a follow up to my original trade idea (linked chart) I bought 200 puts, even 202.50 is a good strike. Risk is low - exits: if 30m candle closes over 204, more conservatively if 30m candle closes over recent high 203.64. On 30min chart the stochastic make a sharp move down, which usually leads RSI. RSI tested 50...

OptionsRising Updated 

I bought 1/31 expiry 200 strike puts at $1.65. Reasons for trade: 1) 60min chart - 20sma in downtrend, 10sma below 20, and RSI still under 50. 2) daily chart - stock retesting up against 10sma. 3) 30min chart - RSI needs to stay below 50, and I am looking for %K stochastic to drop below RSI again, as confirmation of my trade. 4) Risk is low - exit on trade over...

OptionsRising Updated 

Stock has been consolidating after sharp move up. The yellow trend line provides a good base for the next leg up. One option contract costs less than $150 as I write this. Look at the daily chart and see how stock can easily get to 150 if it closes over 130. Of course price could also drop before earnings (back to daily 20sma); for this trade I suggest a stop...

OptionsRising Updated 

This idea is based on 3 timeframes. The 2 green lines show overhead resistance on weekly chart since Jan. 2018 and strong support/resistance line around 336. The stock could move back up to 360ish before going down, so I have a stop loss in place. The yellow lines show a channel on the daily chart, and I am looking for price to move back down to lower...

OptionsRising Updated 

On this 30min chart (blue circle) you can see Boeing has been tracking the down trend line (DTL). The 10sma is below the 20sma, and on the the weekly chart the moving averages are rolling downward. You will see a H&S on the weekly chart. RSI and Stochastic indicate the stock can go lower. If BA closes back below the 30min yellow DTL, watch for it to go to the...

OptionsRising Updated 

Enter trade between 1/14-1/15. Please see the chart annotation, which provides notes on trade setup and trading plan. I bought these puts for $2.67 on Jan. 13. Will hold puts for $215 target as long as stock closes back below yellow trend line on chart, or until my stop loss is triggered. FB earnings are at the end of this month. I am expecting a pullback due...