Ronin_trader

Ronin_trader Updated 

CAT follows my China/Macau Recovery Theme and it's too expensive for me to run an options trade. CAT similar to LVS, was showing independent price movement from the broad market drops we have seen starting on the 15 Feb. Increasing Annual Rev Increasing Quarterly Rev 1.62% Short Interest

Ronin_trader

RCL is on of the companies I have on my Strong list. With the COVID19 easing for travel and as people shift from spending on products to services. The recent earnings call have also seen management talking of them experiencing a record wave session. Fuel prices has also gone down. I'm not so sure how they would hold up to inflation fears, so I think this is a...

Ronin_trader Updated 

I entered a long trade on CZR as it was reported that Nevada Casinos had a record 18% gaming win growth in January and Macau gaming revenue rose 33% in February. Price had also crossed the resistance line of 51 and if it goes well should continue it's move up the range to 56.42 Whats The Plan/Trade/Thought We have to adopt a Range market stance. When markets...

Ronin_trader

Whats The Plan/Trade/Thought We have to adopt a Range market stance. When markets are going up with optimism, we will peg categories with strong fundamentals and a growth story as that will be where money will flow into. Also if sentiment turns to fear, these strong categories with a growth story should be able to weather the fear sentiment better than...

Ronin_trader

Whats The Plan/Trade/Thought We have to adopt a Range market stance. When markets are going down with fear, go short on weak companies when they are 75% at the top of the range. The current story and situation of BYND fits this criteria in terms of weak operational roll out, business viability in a price conscious consumer environment. I don't think in such an...

Ronin_trader Updated 

Whats The Plan/Trade/Thought It looks like in the short term traders will be more concerned about interest rates and the impact it will have. The sentiment now seems to be that recession will be a soft landing. I think we need to trade on this optimism at least for the next month. Lets look at categories with strong fundamentals where money might flow into...

Ronin_trader Updated 

Whats The Plan/Trade/Thought It looks like in the short term traders will be more concerned about interest rates and the impact it will have. The sentiment now seems to be that recession will be a soft landing. I think we need to trade on this optimism at least for the next month. Lets look at categories with strong fundamentals where money might flow into...

Ronin_trader Updated 

This trade was entered on the 14 Feb, I forgot to update it on here. At that point my LVS option trade was performing very well and moving somewhat independently from the broad market. However this changed on the Week of the 15 Feb when Retail and CPI results turned out stronger than expected. I'm not exiting because I believe the hypothesis still holds and what...

Ronin_trader Updated 

This year I am implementing Ride Trades, which are an extension of my Options Trades that have confirmed my trade hypothesis. This allows us to potentially earn more from a good hypothesis. To further mitigate risk, I will first enter with 50k and once I see further confirmation I will enter again. Despite the overall market bullishness. BIG's price is still...

Ronin_trader Updated 

This year I am implementing Ride Trades, which are an extension of my Options Trades that have confirmed my trade hypothesis. This allows us to potentially earn more from a good hypothesis. To further mitigate risk, I will first enter with 50k and once I see further confirmation I will enter again. Despite the overall market bullishness. DISH's price is still...

Ronin_trader Updated 

Whats The Plan/Trade/Thought Travel leisure company focused on cruises and with the potential economic headwinds. With the upcoming uncertainty. I think people are going to focus on working, generating income and savings. On Seeking Alpha - Peers seem to be a 50%mix of Hold and Buy Risk Mitigation I see 9.12 as my indicator that my direction is wrong....

Ronin_trader Updated 

Whats The Plan/Trade/Thought Dish is a network entertainment based on channels. Very dated and probably having a rough time attracting new subscribers (12M customers) Their existing customers will probably hold on to their subscriptions as this is probably due to them being comfortable with their present circumstances. Hence this is entirely behavioural...

Ronin_trader Updated 

Whats The Plan/Trade/Thought BYND does alternative meat (beef). During an inflation period with interest hikes. I believe the company will get hit by more expensive loans and consumers will move to cheaper meat alternatives like chicken Risk Mitigation I see 16.51 as my indicator that my direction is wrong and I should exit Can You Trade The Opposite Side...

Ronin_trader

Whats The Plan/Trade/Thought For the Month of Dec, I am looking to avoid the week of the 15 Dec, where there will probably be wilder price movement due to the Dec Fed rate hike. This is probably the start of the turning point and my strategy doesn't generally do well at turning points. I have no idea how the crowds will intemperate whatever news comes up. While...

Ronin_trader

Whats The Plan/Trade/Thought Dish Network is a media related company and I expect advertising dollars to tighten. Also despite good earnings the price action was still bearish Risk Mitigation I see 15.32 as my indicator that my direction is wrong and I should exit Can You Trade The Opposite Side (Y/N) N Trade Specs Sold 242 Calls @ 0.11 ...

Ronin_trader Updated 

Whats The Plan/Trade/Thought This trade rides on retails overall tightening as a reaction to the Fed and the Global central banks raising their interest rates Risk Mitigation The action at entry shows the price testing the bottom S&R line. I think we can expect more bearish movement from retail but otherwise we have enough space to the strike Imagine...

Ronin_trader Updated 

Whats The Plan/Trade/Thought JWN seems like a good candidate to sell calls especially since they had a huge 16% gap down after their earnings on the 16 Aug My hypothesis is that there will be a continued bearish price movement below S&R 19.26. Encouraged by the broader market movement and retail’s tightening Despite the Fed’s action, the latest reports...

Ronin_trader Updated 

Whats The Plan/Trade/Thought ICLN is one of the 3 largest renewable energy ETF’s by assets under management. These 3 ETFs all have a significant holding on to stock ENPH. So it almost acts like an insulated ENPH proxy. ICLN generally follows the S&P and the drops a less drastic. The recent 6% gap up was due to ENPH strong earnings (20% above estimates) ...