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
BFR has made higher lows and higher highs in recent weeks.
Indicators suggest strong uptrend is about to start.
Limit Order @ 10.00 / Market Open / Market Close (whichever is lower)
Target @ 13
Stop Loss @ 8.5
CSIQ had a surprise earnings results and as a result gapped up very strong with the open being the low.
Relative volume was also 2 times the average monthly volume.
Target: 30% shares @ 22 and 70% shares @ 30
Stop Loss: 80% shares @ 17 and 20% shares @ 16
If it consolidates at 21-22 without RSI divergence, I plan to buy more @ 21.
I will not average down.
ADTN showed up on my FinViz Breakout Scanner.
Based on Earnings report transcript future is promising as it continues to show strong QoQ sales growth.
Looking to buy the open of 22nd April 2019 or 15.35 which is the previous quarter resistance level which may act as support.
Also RVOL is more than 2.
Stop Loss: 14.50
IV30: 21.7, IVR: 50%, ATMIV: 16.2
+0.18D Long 1 Call: 120 Strike @ $0.25
-0.29D Short 1 Call: 119 Strike @ $0.49
-0.11D Credit: $0.24
Comments: Looking for a short term drop to 1ATR low from the 21EMA.