FB Bear Hug
We're entering a new option chain cycle that will recalculate my cycles for the Cover-Return monetized Intrinsic price- to mid February. Given the recent prevailing bearish move on market performance the cosmic forces that govern Fib Ratios come into play. (Einstein and Planck came to me a dream last night to show me the equations.) The 144/377 EMA sweet spot is "half complete" since the Fib Ratio between 144/377 EMA hit the 38% for a bounce north.
Short term Long Call/Short Put Strangle (3 legs out with comparable premiums and neutral Delta) I'll hold open for first 15 days into Feb Option Chain.
Price ought to hit 100.62 - 34 EMA (Red with Red Arrow). Right around there I'll close my option positions - and reverse the strategy for a drop to the 377 EMA at 85.17.
YHOO is currently showing renewed strength with a revised deal with BABA (do a comparison with YHOO, APPL, MSFT on the Day chart. (Up until a week ago, I figured YHOO was headed for the auction block.
I'm thinking of starting to use a 3D Printer to configure the chart into a "globe" to use a latitude/longitude navigational rhumb line calculation.
Short term Long Call/Short Put Strangle (3 legs out with comparable premiums and neutral Delta) I'll hold open for first 15 days into Feb Option Chain.
Price ought to hit 100.62 - 34 EMA (Red with Red Arrow). Right around there I'll close my option positions - and reverse the strategy for a drop to the 377 EMA at 85.17.
YHOO is currently showing renewed strength with a revised deal with BABA (do a comparison with YHOO, APPL, MSFT on the Day chart. (Up until a week ago, I figured YHOO was headed for the auction block.
I'm thinking of starting to use a 3D Printer to configure the chart into a "globe" to use a latitude/longitude navigational rhumb line calculation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.