Break of $35 would constitute a six month high after post-earnings surge and follow through on continued high volume. May suit straight bought call or even OTM bull call $35-36
Has traded just beneath 200EMA during most of last week and stuck around a historical key price point (see support late 2014). Potential entry consideration for an OTM bull call spread or straight bought call on move over $48.60.
With option yields high due to Fridays staggeringly good move any move up from Fridays close could merit consideration of a "net credit" type of position either with short term bull put or even covered call, both of which take advantage of the major move higher whilst still allowing for a little profit taking along the way. Technically $48 is the next key price...
QQQ had a closing high not seen since early March and looks poised on the back of last session earnings to break over this level. Trading volume was higher in the last session as the ETF pushed up to test this level and the price obviously sits above all key moving averages.
BRCM jumped 5% after positive earning report but pared some of the initial enthusiasm to close around $6.10 key level. the price now sits above all key EMA's. A move up from here could be worth an options position with upside bias.
KO price action was interesting post-earnings with a move to to test the 200EMA before falling back to what looks like a key level at $41.30. We like this look of a straight directional bought call on a last hour break above $41.50 with short term EMA's already crossed.
Break through $28.50 key level provides potential upside opportunity for re-test of $30 with a bought call at that strike. Woudl prefer end of day close at or above current level
We are still eying the key level of $37.50 on this stock for a potential long call June expiry position. Strike price placement $39 after up-move on increasing volume. May take a couple of days to trigger. Take off the table at $36.50
A move above 437.50 would appear to be an interesting level which we would look to a bought call to take advantage of any further move higher. the price site above all key moving averages and Fridays pull back on low volume medoks like pre-earnings nerves which now should be caled
Consolidation over post earnings surge level and holing above the 50 and 200EMAs make the $33 price level crucial in terms of short term upside potential.
Potential scalping bought call trade with a $14 target on OTM low cost May option. Clear break on high volume with cross of the sort term EMA's
move above key $28 level may see the stock quickly upwards to test $30 in the first instance. May suit an OTM debit spread
Sharp bounce on high trading volume suggests potential upside to test 23.50 on a move over $22 key price point
Move above the 200MA on continued strength price point. A break of this level may give significant upside.
Price moved back up to test $17.30. A break of this level would constitute a high since Aug 2013 and have a potential $1 upside. May be suitable for short term bought call scalp
After a pause the previous two sessions KBH joined its home-building peers with evidence of further buying pressure after a post-earnings run up and closing in the top third of the bar and testing $16 key price point. A break of this level may offer the opportunity of a short term bought call position.
Last session sharp move in underlying on high volume and move over 200MA suggestive of potential April covered call with 3% ROI for ATM call sell for 16 days.
Move up on increased volume - retesting top end of range that has been in place since early Feb, May suit OTM bull put spread (or ITM bull call) with expiry next week before earnings.