$1.68 Max loss Max risk is $100
Shorting CR as its been fading and its trending lower and lower.
RSI is maintaining under 50 and continues to proceed on its trend.
Entry might be a bit off but looks like it will continue.
75/70 EXP September 20th
NVDA seems to be sinking slowly and its new earnings could be a flop, or I might be wrong but lets take a gamble on this.
$645 USD max loss.
145/120 Max gain is if earnings are a flop. We'll see the news has been pretty bearish entirely if they don't hit a home run it'll flop.
AMD has been running it good, and I don't think RTX has been a big hit.
ILMN Sold off big time and fell lower, similar to ALGN
Put Spread $282.5/252.5 EXP is September 27th
30 points wide and cost was $9.13
Market continues to sell off and it could move lower to EMA 200 where it may bounce.
Exit 1 underlying price of $252.5 and max profit will be $1050 Time looks good and my preference for this move is around 45 days.
ISRG Put Spread
EXP October 18th.
505/465 Put Spread $13.93 Max Loss 40 point spread
Target is $1300 Profit
Max loss is $750
Market is trending lower, RSI is showing divergence and this is market wide ISRG is showing a rounding topping pattern which may move toward further support at 460 which will be my exit.
Exit 1 = $460 underlying price while trying to...
UNP PUT SPREAD 165/150 September 20th expiry
Price was $4.35 kind of expensive, market is down trending due to tariffs and weak rate cut also china escalation with yuan devalue + agricultural stoppage on imports from USA.
May continue until Powell speaks up about another cut, as far as it goes this sounds like a good play.
Light risk, Medium Reward, Pricey...
Shorting trumps Powell jebait
Trump is upping the anti on China and Powell
By increasing tariffs on the remaining 10% goods trump is putting more pressure on the market and powell. He was looking for a bigger rate cut and didn't happen however now that he is set to tariff china we'll see how this plays out.
5 spy puts exp September 20
$4 each max loss is...
175/160 Put Spread $4.67/0.82
$3.85 max loss 11.15 Max Gain
Willing to take a $2 loss on this. $200 max risk
September 20th exp.
Risk is medium as this has been a pretty good trend going up, it could be slowing and weakening slightly.
It may move closer to around $167. Just short term before moving higher.