CALL
BTCUSD bear call strategyThe bitcoin price broke recently the $750 resistance... but not for long.
Observing the price action, a potential short oportunity would be to wait for a lower top (lower than $753) to be formed.
Then one can start selling calls or call spreads at the $760 or $780 strike price.
Last time I checked at deribit.com (an options and futures exchange) the bids were $16.30 and $10.30 respectively for these options.
So the breakeven prices would be respectively $776.30 and $790.30 for a short call strategy.
NOTE:
I am just starting to trade some bitcoin options.
Seems to be a relatively new market, with not much liquidity; but one can still take good advantage of such oportunities.
Trade with care, always observe the risks and don't oversize your positions.
NOTE2:
Anyone would be so kind to act as a marker maker for bitcoin options?
That would be really awesome. =)
If I had more knowledge/experience (and money) I would certanly do it.
GM break out is not overHistorically when the RSI breaks above this level, the stock continues to gain at least 1% more. In looking for the next trendline and resistance level, a conservative level would be above 38.00. While that level is likely the safer play is a call with anticipated movement to at least 37.67.
Well, we are still in an uptrend, technically speaking After the "healthy" correction, kc touched the 100 day MA around 153 as indicated previously as a potential target. Furthermore, we are hitting the lower end of the trend channel (blue).
I am looking for some support coming in here.
As vol softened during the sell off, threeways, selling put spread, buying call seem to be good long market, long vega strategies in my opinion.
11/16 TWTR Potential Long SetupIt's Wildcard Wednesday and TWTR is showing a potential turn for a low-risk, long entry either on the underlying stock or a set of call options with a .65 Delta or higher and 2 months until expiration. It has already tested the previous up fractal, but with a no-go on closing above. Once a market close occurs above that level, we'll look to submit a buy order. Otherwise, we're prepared for a smaller turn to the downside or a range.
Again, we need a market close above the $19.35 mark, with our trailing stop starting ~7% and closing. Happy Wednesdays everyone!
JLL- Fallen angel pattern long from $94, & $90 & $95 March CallsJLL
Date First Found - November 15, 2016
Pattern/Why- fallen angel, bullish momentum
Entry Target Criteria- break above $94.00 (hit November 15, 2016)
Exit Target Criteria- Target 1 $114.00 Target 2 $143.00
Stop Loss Criteria- $85.35
Indicator Notes- strong improvement in Twiggs Money Flow, insider buying
Special Note- we would consider March $90 Calls @ $12.10 or March $95 Calls @ $9.00
Risky But Trendy Bear Call Spread Entry on TSLATSLA began its downtrend awhile ago, so it's already a volatile and risky stock to jump in on at this stage in the game. However, with good trade management, we can do an ATM Bear Call Spread at the 185 price mark. Trail your stop to the Red line, because this could turn at any moment. 1 month until expiration.
CHK longCHK has been following a 'megaphone' pattern, should make a push to 7 if oil stops going down
Markets Alert: TSLAA dreaded triple top?
Entry alert on Tesla Motors. TSLA when the price break the triple top ... Please be careful, feelings and emotions in the market
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Earnings Alert: AMZNHow will markets react to this week’s heavy parade of earnings?
Entry alert on Amazon Inc. AMZN in Channel ... Please be careful, feelings and emotions in the market
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Crude target of 52 almost achievedCrude is nearing the target of 52 after the breakout of the triangle after the OPEC meeting a couple weeks ago.
RSI and Stochastik are now very much overbought and even generated some sell signals. Also, as of now, there is a divergence in stochastik and RSI indicating the market is due for a correction sideways or lower. Without any fundamental news a correction is imminent. However this correction might well be sideways.
Overall physical trading volume has slowed according to my sources after the panic buying spree shortly following the OPEC meeting.
Overall we are in an uptrend, and I would expect we ll at least test the highs made earlier this year around 52.
Some light call spread selling might be good, but IMHO being conservative is the right play. No buying of downside options as that premium will just decay.
GOLD - Long (Option Call) from current price to 110Huge 163 Billion unpaid Government Debt making pressure on Economy & they are weighing on Gold & Silver price. So we will see a tremendous surge Gold & Silver. On the other side Japan, China & KSA selling US bond & this putting pressure on Yield carve, and people would take Gold & Silver as safe investment & eventually this extra demand will push the price higher.
For the trade we bought (Strath) Gold December 2016, $100 call for $.60