CALL
SBUX to $105 Option Call I am deep into my option contract. 100 contracts for $105 by 11/15, counting on Q4 earnings to blow SBUX out of the water. I believe the remainder of this week will be good for SBUX since volatility has slowed down. Next week technicals are showing strong buys. Looking good all around, this will be a fun ride.
SPX Finishing September with a rebound Check out my trend lines, and predicted price movement lines. This is a fun test of my skills. I have been here a week and am still learning. For those of you who have been following me I am a SBUX bull. I have a high stake in an options call for SBUX to hit $105 by 11/15. I am relying on steady growth until earnings and then a killer Q4 earnings. Comment below your opinions on starbucks and your thoughts/predictions on their Q4 report.
So far on trade view I have a 60% accuracy rating for my calls, which is an F. So please don’t make trades based on my predictions until I improve my skills, thank you!
UBER Tuesday Price Movement I am tracking the stock movement of Uber, I am an options trader and have 2 call contracts for UBER to hit 34.50 a share. Based on market trends this strike price should be reached by 9/27. Invest at your own risk as these are simple predictions. I have been correct 75% of the time with my predictions. My accuracy will be updated on Friday as well. Stay tuned!
ABMD Call OptionI bought and sold my AMZN call option on the same day on Monday. I made a profit, although I purchased the option too early and was too impatient, missing out on a bunch of profit. I think I need to adjust some of my indicators and add more indicators to my arsenal to try to avoid mistiming my purchases and giving me a heartattack when I check later in the morning. If there are any indicators that would be helpful or would help me in doing this, please let me know.
But the next call option I am looking at is ABMD, which has had a pretty terrible year it seems. But I it has neared towards the bottom of the Bollinger Band, and the volume seems pretty good. I think that the volume on the last tick I have does not really justify the small increase in the stock, but then again, this stock has had a pretty terrible run this year, so people probably do not want this stock anyways. But it appears that there is some momentum increasing in its favor, so I will place my bets on ABMD increasing tomorrow, and probably selling on the same day, unless I see more potential upside.
9/20 Option Call for NKE Based on current market conditions and previous trends, I am predicting NKE to be worth $88 a share by September 20th.
I am an experienced investor but new to trading view, I will be focusing on price trends for Options trading.
Feel free to comment your opinion. I am 0 for 0 on my Calls based on my trading view trending experience.
Walmart Readying Itself for EMA Correction After Island ReversalNYSE:WMT has been beaten around lately after a report found they were mistreating a group of 178 female workers. After a gap down, more selling off, and then a rebound just above the widely used 200-EMA, it is now seemingly gearing up for a a bullish reversal out of an island reversal chart pattern.
Green line: island reversal trajectory
Orange rectangle: Gap zone with necessary breach for bullish confirmation.
I would not enter a bullish position on NYSE:WMT without seeking this confirmation first.
Support and Resistance for BN Weekly Expiry 19th SeptemberATM Price as of today on 12th September is 27990, hence ATM call is 27800.
Premium of ATM call and Put are 255 and 273 respectively.
Hence, supports and resistances are calculated based on premiums addition and subtraction.
BN most likely to stay in above range.
Follow the above idea along with prices till next expiry.
SPY call SpreadI put on a 298/303 Call Spread exp oct 4th
SPY is breaking out on positive trade news and RSI uptrend as the selling ended while rate cut did boost the move upward there was a general tolerance for Trumps antics in the market.
The china trade issue is becoming less significant.
Spread Cost $2.48
Target loss is $148 Max Gain is $175
SPY, buying a call when it gets to 180.5 I plan on buying a call on spy when it hits 180.5, It has support levels that go back over a year many times it has bounced off this level. I do not think we will end up dropping below this level but not at first. I plan on buying a call at 180.5 with a .20 trailing stop loss
IBM Call SpreadI'm buying an IBM call Spread 150/160 Cost $3.01 max gain $6.99
Expiring September 20th.
This looks like a good play, however if the market goes for a downturn this may push through it.
I think AAPL earnings will be a reflection of the tariff against China we'll have to wait and see.
Broke out of cup and handle, also OBV is rising and RSI is overbought however its printing a false signal I'll ignore it, it may trend sideways as it builds for a move higher.
Downsides are it could be weighed down by poor earnings season. That could be the only way to lose this trade unless this moves sideways.
Otherwise Risk/Reward = Green 7/10