After AAL made a double bottom, it rallied to make a higher high and touched the 200 MA. Should've gotten into the rally. Missed it completely.
Anyways, AAL tried twice to breach 200 MA and failed twice.
Now it looks to be heading down to at least 27 or even further.
I'm already in a 31/32 Call Credit Spread @ $0.37 since Oct 30 which is now up 32% i.e....
This is a study I wanted to do on strikes with abnormally high open interest and if it affects underlying price movement.
VNQ has pulled back from its ATH to inside the ATB neutral zone.
It also closed with a bearish engulfing candle signaling high probability of sideways to downward trend in next 30-45 days.
Testing a horizontal Iron Condor strategy based on...
I totally missed this rally after the breakout from 64. Previous resistance is at 69. It would be interesting to see how GILD performs around that level.
Watching for a jump of the cliff move from the ladder it is climbing.
Targeting long 65 Put Nov 15.
SLV was for quite sometime was following a steady uptrend until broke out. It has now reverted back to exactly where it was 2 weeks ago.
I'm expecting it to trade sideways within the narrow uptrend range, fake a breakout and then fail as the MACD cross under suggests massive downside.
I'll be watching:
- OTM Long 15 Put Oct 18
- ITM Long 17 Put Oct 18
NVDA broke out a couple days ago and I've been watching it to show strength by continuing to close up for the week and then pull back to the support trend line. I'll be watching the ITM 160 or 170 Call expiring Oct 18 for a long entry after the pull back.
SPY tumbling down aggressively after rate cut. Watching if it falls again 20$ or ~8% from its recent high of 302.
Looking to sell call spreads or buy puts.
Might also go long on the inverse ETF: AMEX:SH
Looking to do all of this ONLY if it drops below 293 with lower highs and lower lows.
Given AMD is contained within a Regression uptrend .
When AMD closes below EMA21.
Open a Put Credit Spread (Next Monthly Expiration) at 1ATR below the EMA21.
Target Profit>50% credit received or half-way through expiration.
Stop Loss if AMD closes below Regression Trend or 2ATR below EMA21.
Update Regression Trend every month end.
AMD is uptrending in zig-zag pattern, retracing 50% everytime it makes a new higher high.
Long Stock Strategy:
Limit Order @ 30 and 28
Target @ 38 (by Sep-19)
Stop Loss @ 25
Put Credit Spread
Long Put: 27 Strike
Short Put: 28 Strike