OptionsRising

OptionsRising Updated 

Well I was just starting to post this and Powell spoke! I bought 14Apr puts when stock was at 187. Technically on the daily the 10ema is close to the 20sma but looks like it will continue lower instead of crossing over. RSI daily has tested 50 and looks headed lower. 30m chart shows a bearish stochastic warning and RSI supports more downside for now. Morning...

OptionsRising Updated 

VIX closed at support line Friday - a safe low risk time to buy calls or make trades that will benefit from rising volatility. Stochastic %D should start rounding up soon. If RSI gets back over 50 there is more technical support for higher IV soon.

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This simple line graph shows weekly yields of 10yr (white), 2yr (aqua), and 3mo (blue). For a period in 2019 (oval) the 3mo stayed over the 10yr and many experts use this as a recession forecaster. Others use the 2yr and 10yr, which inverted at the red arrow in Aug. 2019. Historically a recession comes about 2yrs after the inversion indicator. It is probable...

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A look at directional volume and stochastic on 30 or 60 min shows a pullback is due, and it will probably happen next week, after today's quad witching expiries. SPX has moved up to 50ma resistance on daily chart and it is also hitting moving average resistance on weekly chart. I am buying SPY puts for a pullback next week.

OptionsRising Updated 

TSLA price may be at bottom of daily channel, down to 700, by Friday. If that happens, stocachastic %D would continue down to the yellow circle. On the 30m chart, 791-795 is a great place to buy puts. I am buying a weekly strike, small position so I can hold overnight.

OptionsRising Updated 

My initial trade idea is linked in this post. On this 30m chart you can see the white boxes marking the candles that created a stochastic %K bear signal. I sold my puts today. Overall, I still think GME will price lower, but RSI needs a bounce (see green oval) and markets are oversold. If this stock bounces before FOMC on 16 March, I may take another swing put...

OptionsRising Updated 

I bought 18March 750 puts when stock price was ~253 Daily chart: > I expect 20sma to be resistance, possibly price will move up to yellow line, so starting a small position near 20sma > RSI has dipped below 33.33 twice (red ovals) and still has not even touched 50 (indicates weakness) > stochastic %D looks like it might turn without crossing over 80 (another two...

OptionsRising Updated 

This is a rare weekly chart in that the 10ema still has not shown a solid downtrend and moved below the 20sma. It might. RSI is approaching 50 and I am watching to see if it holds. Price should move to the lower orange line if AAPL sells off with market. I opened a small position of 18Mar 160 puts.

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Here on this daily chart price is at the 20sma again in this sideways consolidation. RSI has not broken above 50 and stochastic looks like it might turn down soon. On the weekly chart price has been waiting for 10ema to catch up and then it may fall again. 201.75-202 is my ideal range to buy puts based on 30min chart. I started a position with price around...

OptionsRising Updated 

On the daily chart price is oversold and needs to revert back up towards moving averages. 30min chart shows ovals around the candles that generated a stochastic bull signal. Those three candles showed buying strength, and after a another move lower (which usually happens) I am looking for price to hold 130 and move higher. Green lines show bullish divergence...

OptionsRising Updated 

The trendlines on chart make it clear. Price broke white support line and came back up to retest it at shorter orange line. Longer orange line creates a downtrending support based on price dips. I expect that TSLA will start another move lower as it is in a channel for now and should return to lower line. RSI will confirm if it stays below 50.

OptionsRising Updated 

Some experts are warning of a severe market crash as rates rise in the U.S. and years of loose monetary policy are reigned in. Putting aside reasons and opinions, just look at monthly charts and see where price is today, relative to the moving averages and channels and trends since 2008. This chart is relevant for the next two years for me, as I watch RSI to see...

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The weekly chart shows price can head back to 50-60. Here I see price against moving average and cloud resistance, and I think this will sell with a market drop. 25 March strike will be helped by IV increase, but since ER date is unconfirmed and stock may fall more after ER, I am buying a very small position of 14April 80 strike that I can hold at least for the...

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Last week saw a whole lot of short covering to end the week. Monday morning price opened below Friday's open, creating a bearish reversal (orange box). Since price has risen this morning to the 30m 200ma, this is a good place to buy puts (2700-2710). White arrows indicate that we do not yet have bullish divergence with price and RSI. Right now RSI has moved...

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There are two trades here. One is a move back up to the yellow line. Next, if the line breaks, is a longer duration move up to 200+. The yellow ovals mark three "waves" into oversold RSI and each one has gotten smaller. Also note directional selling is over 40 and as this red line lowers and sellers come back in, price should get a boost.

OptionsRising

Directional selling volume has spiked on many 30m and daily charts. All the selling may not end today. But markets are closer to beginning a sustained rise. Yellow highlights on directional volume show when selling volume spiked above 40 there was a move higher after. White arrows show the price action turn. Remember when buying options for swing trades you...

OptionsRising Updated 

Tesla is below the weekly support line. Initially I thought price could move up from 50ma but daily stochastic %D indicates more selling is possible. Looking at price action, price broke below the sideways consolidation after a double top drop, and so it likely will make another leg lower. Below the recent low of 792.01 should see price move to 780, and 710-700...

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NVDA with its high valuations may see still more selling if there is another market selloff. Indicators on the daily chart show the 200sma may not hold this time and another leg lower would see 220 and 200 as downside price targets. I am buying swing puts today.