About meI am a passionate engineer, mostly because of math and physics, the two most easiest things to handle for me. Equations and Code if done correct, will not lie. I do not treat Trading as a business. It more like a moneymaking hobby.
The current news and development suggest that DIDI will continue to go down.
1. The growth expectation is shattered by delisting the app.
2. The company has a lot of debt, just like any tech companies.
3. Earning growth will be slumpped until they figure out how to get past the hurddles.
THE MOST IMPORTANT
4. Management's dishonesty was well documented with...
Notice is the difference between the other trend indicators available in the market vs the new and improved directional bias indicator. I have prepared to help my friends in this community.
It keeps you in the trade when you have to, not exit you out when there is a short pull back. However, when the pullback is not a fake one, It pulls you out.
I give up, trading privately sucks, I want to display my artistic talent and the trade along with it.
Its better personally for me to share my ideas, I am a lot more disciplined and focused that way. All I have is 24 hours, Damn.
Other binary option position I have from last week, $ADSK short, $NFLX short. From 2 weeks, $CVS long, $CAT long. Others are played...
Recently we have been seeing a constant selling pressure from Chinese stocks. These are generating some long term opportunity. Very large MOAT here, with very high uncertainity in the market.
Do focus on the price move and adjust the projected pattern accordingly.
Some might pick $EDU against $TAL due to their cash position. $TAL has a industry advantage being...
SELL -1 IRON CONDOR LULU 100 (Weeklys) 11 SEP 20 387.5/397.5/387.5/377.5 CALL/PUT @9.20 LMT
Try to build it yourself. And keep the Risk less than $100.
For every $80 Risk. You have a potential to make to $150 (Realistic targets).
Another earning trade. Betting this wont have a severe move.
The Perfect IRC
This is a commodity (oil) and Bank (XLF) driven etf. Although its Brazil, and their Covid Scenario is not good.
Build the position similar to BABA.
If you want me to check your position and explain. Post a response. I will let you know how you can tweek it.
This can be another $BABA Trade. Has all the signs for it.
The smartest move here is to take the trade - non directional bias. Follow how I constructed $BABA
IVP is 30%, but the HVP is 40% - Comparing them both, we can expect both to converge. That would mean, Either it consolidates for 1 full month (like the GDX trades I posted) or it moves like BABA....
Watching for a break about 166. The profit potential with Low IV is sweet. You can just go outright and buy a call.
IVP - 10%, shows how no one wants to decapitate the risk here. The market is expecting no risk in Bonds. Is it true?
1. IVP - 11%
2. IV - 29%
The breakout can be significant.
The options are a bit manipulated. So, build your position accordingly.
Buy the Volatility here. Spreads such as Back Ratio Spread, Buying Iron Condor / Iron Fly.
Below is an example.
For less experienced trader
BUY +1 IRON CONDOR CVS 100 (Weeklys) 11 SEP 20 65.5/69.5/65.5/61.5...
SELL -1 IRON CONDOR BYND 100 (Weeklys) 7 AUG 20 130/140/130/120 CALL/PUT @8.32 LMT
In this case I want to sell the Iron Condor.
1. IVP - 47%
2. IV earnings is - 158%
3. Normal IV - 70-80%
4. R/R = $173 Risk to $322 Reward
Trade done for a hefty $832 credit, on a $1000 wide contract.
ALL you need is tomorrow this should open between 120 - 140. If it doesn't...
Working on a new Strategy to take advantage of earnings. This is how its structured to play.
Knowing your risk and keeping your expectations low gives you a sizable profit.
GET OUT OF CONVENTIONAL THINKING of Iron Condors and Iron Butterfly prior to earnings. The whole world thinks that is the edge.
Now, try to do yourself a trade on $UAA $CHTR $XOM $SHAK
$YY - If You are not disciplined, Guaranteed Loser market.
1. Options Liquidity
2. MM manipulating Options Market
3. Staying in the trader and TAKING HEAT.
The story is 07/09 I entered a debit spread as it checked out all my criteria for UCS#1 Long Trade.
$2 Wide Spread for $0.95 (Thanks to Skew)
On 7/16 - The Short side lost 75% of its credit, so Closed it...
Pre/Post Earning Play.
I cannot digest that $Snap is a 40B Market Cap, Its not my business. But the short interest on SNAP and IRBT caught my eyes among others.
A simple bet, if the earnings push these higher beyond expectactions, a Run for the money is imminent.