Ryanhasoptions

Ryanhasoptions

I saw the monster support on the 137ish bottom today on QQQ and decided to sell all of my put positions and go big QQQ. I bought 5 of the 139 strike July 21 QQQ calls. I got in this morning around the opening range of 138-139 range. I paid 2.05 for each call, so roughly $1,000. I have already ridden a good part of the move up and they are already ITM. They...

Ryanhasoptions

Tech looks weak. If it can't rally next week I expect S1 and S2 to be tested. watch for the break of the descending triangle pattern.

Ryanhasoptions

I believe the tech selloff on Friday was spurred by a rotation to bank stocks in preparation for the rate hike. I still have a long bias. I bought the September 140 QQQ long call in order to give myself time if it goes against me. I entered around 139 when I saw the 138 pivot rejection. I also bought the August 140 QQQ short put in case the move continues. My...

Ryanhasoptions Updated 

I entered this trade after seeing the huge support around 135 on IWM. I expect the trend to continue higher and will be targeting 143. If this trend continues strong and we see a channel breakout, I will be targeting 147.50. I bought the 136 July 14th call and will be holding until my first targets. This option is already way ITM and is already at 100% profit.

Ryanhasoptions

ABCD Measured moved harmonic. UA sales should be up big.

Ryanhasoptions

We could see the ascending wedge break back down to support or you could see a move to 2108 at the apex of the wedge. If that wedge breaks to the upside you will see 2120-2130.

Ryanhasoptions

There is the potential for a ABCD measured move up to the 232 area here if the bulls can stay strong. I'm long over 213.50. -Ryan

Ryanhasoptions

Kelsey Warren got em' this time. WMB is in trouble in their merger agreement and I think ETE will come out on top with this merger deal. $18-20 target.

Ryanhasoptions

I'm short ATVI. Looks like a nice double top formation and falling MACD signals. I'm targeting $28.

Ryanhasoptions

Check this out. It looks a lot like the drop back in December... I'm banking on continuation down. Short -Cheers

Ryanhasoptions Updated 

Long over break of $30. Box Breakout straight into a bull flag. -Ryan

Ryanhasoptions

Banks are about to get obliterated. Short on the move to $30-28.

Ryanhasoptions

I'm short CAT via the 67.50 strike august put. This is a monster setup with divergence, bear flag, and MACD inflection. This is pointing to a big move down. Cheers

Ryanhasoptions Updated 

This is a very good example of when to do a strangle. The market is about to choose which direction to go in soon. You have NFP tomorrow, earnings for LB in 2 weeks, and a rate hike decision coming up. This is the perfect cocktail to take advantage of a big move. LB is down 11.7% today and could potentially continue down further. I have no idea which way LB...

Ryanhasoptions

I'm short M under the neckline.... This looks like a beautiful H&S pattern forming. 34 target.

Ryanhasoptions

I'm playing the triangle here on AAPL. I'm going Long aapl with a 97.50 strike call and hedging with a 90 strike put 2 months out. I figure if AAPL falls then the market will fall... either way there should be a nice move. Ryan

Ryanhasoptions

Long only if 2045 holds.

Ryanhasoptions

Get ready for this wedge pattern to break.... I'm long until $117 and then super long over a break of that. Cheers.