Get started

Calls

$SPY - Time for a BounceGiving last week's update which I didn't realize was private: Last week was by far one of my best weeks this year trading in the stock market this year, and it's due to a variety of factors: the DP prints, option flow, macro/news, and technicals. I've been preaching the incoming downward movement regardless if SPY or other equities like AMD (downward trend completed -- see prior TradingView analysis on $AMD). - We had huge option order flow occur all week. - The consolidation we were seeing with respect to the supply and demand zone on $SPY. - Testimonies and global events that were creating more room for concern. - Dark pool activity not only in $SPY but all across tech especially. Put all that together -- the put flow, the dp data, macro/news and technicals and you'll get the best risk to reward that you can play with, which means more money in the market. You may have to wait to find the right set up, but considering multiple variables is the most consistent way to trade and if you want to be a trader that's what you got to end up doing at the end of the day. The data all together worked out pretty well as we saw a huge waterfall and more sell off after CPI data was released. I took my profits last Friday as this week could still remain pivotal. So what happens this week? My expectation is we fall a little more, however, I don't expect us to make a new low of the year.. at least not by a significant margin. A variety of scenarios could play out, if we fall further on Monday, I expect us to get into a range between prior supports (approx) 385-387. We may also possibly get a bounce from a sell-off on Monday going into Tuesday and from there we could see a possible gap fill this week if not later. Then after the gap fill, we could see another bearish retreat. I want to talk about the put flow all of last week. Super super bearish . I shared the deep $SPY action last Monday which allowed those folks to cash in on the amazing waterfall we experienced on Friday. The thing is most of these large orders is they have shown to be valid especially during corrective stages. Nevertheless, always be careful especially with how volatile the markets have been. Keep in mind the technicals and flow to give you a sense of where the market can go in the near-term time period. Now: We definitely made a run for it and enough to come up to a short term demand zone . The FEDs job technically right now is to halt consumer spending. Spread fear and have people stop buying to combat inflation . That’s not necessarily good for companies selling. And rate hikes will hurt companies who need to borrow and are in debt especially with limited free cash flow. The recession drama is far from over and there is still great possibilities of downside in the market. Personally, I think we will continue to see worse inflation for this month. We have just started to see the first lowered guidance from companies across the board for the first time in a long time that there's no reason to see a pick up into next quarter. The stock market and how the economy is going aren’t always moving together so even if the general expectation is to see more downside, I believe we're due for a bounce up in the near-term. Showing a larger picture of my past forecast/history with $SPY. Enjoy!
AMEX:SPYLong
by gigavest
Hope you enjoyed your gains as notified, prepare for more!I predict the stock. I know the stock. I’m 8-Ball for stock :) I’ve been watching this stock for 17 months. Almost every. Single.. day.. I can say a few things… I confidently understand algos being used. I confidently understand MOASS is tomorrow. I confidently understand apes are unmatched. I confidently understand we can buy more each day and it will still be a good price no matter how many digits.. No cell. No sell. DRS DRS DRS. Follow me for more GME posts, to the moon gentlemen. I’m proud to be sharing knowledge on my favorite stock in existence and I can’t wait til we are all as rich as they are, without cheating. APES FOR THE MOTHERLANDDDDD!!!! DRS DRS DRS Check out all of my other ideas for consistently accurate GME price prediction as well as theories and discussions. LINK TO LAST POST I NAILED 110% | | | \/ \/ \/
NYSE:GMELong
by Trexarch
3
AAPL 150 Calls Were MoneyYesterday on May 26th I shared a "Silent Walkthrough" on 12 tickers that showed upside strength & AAPL was one of them. I was eyeing 150 Calls based off of the behavior of the pattern. I had an expectation that AAPL could get back to 150 in confluence with the daily chart. As the market closed AAPL made it to a high of $149.92. Anything above 141 for calls would have paid out handsomely. If you decided to swing the 150 calls, that trade would have been won as we A perfect entry would have been 30 minutes after the market opened on May 26th. Catch yall later, Peeeeeaaaacccceeeeee!!!!!!
NASDAQ:AAPLLong
by DayTraderEarl
A Silent Walkthrough With Breakouts & Buy Setups I have a total of about 25 tickers that I'm watching. Some have already broken out & there are a few that I'll watch closely heading into June. In this 4:28 video, I go through 12 tickers that have potential upside strength, if the market continues to bounce. These setups are all mostly double bottom plays within a range after a climatic stage 4 sell-off. Some of these can be played by using the 200MA as a guide, which I also pinpoint in the video. I use a strategy which I coined: "Hunt The Traps" I identify areas where Bears have their Stop losses sitting along with where Bulls where trapped to the wrong side of the trade. It's a very simple strategy that I also teach. The 12 tickers I went through were: #NIO #AXP #BR #PNC #V #UNH #COST #KR #LOW #NKE #TGT #AAPL Check em out within your own charts & see do you come up with the same analysis that I have. Catch yall later, Peeeeeeaaaaaccccceee!!!!!!!
NASDAQ:AAPLLong
by DayTraderEarl
4
$SPY ready for the relief bounce?$SPY reached its new low for this year as the market extended its losing streak for this month after the fed decision last week meeting. One of the main factors of the sell-off was inflation and shortage of commodities due to back log and covid restrictions. in my personal opinion, i think $SPY will continue to make lower highs or lower lows. Any rips or bounce can be treated as a fake reversal until we go above the 200 or 100 moving average. Day trade or scalp target play: 05/09/22 Buy call above 405.28 sell at 411.09 or above. Buy puts below 396.59 sell at 391.45 or below option open interest: ideal expiration date: (risky) 06/17/22, 7/15/22 Hello everyone, Welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock might possibly go the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions on which stocks I should analyze, please leave a comment below. If you enjoyed this analysis, I would appreciate it if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tuned for more. My technical analysis is not to be regarded as investment advice. but for general informational purposes only.
AMEX:SPYShort
by CHRIS_B58
ETSY - STRONG DIAMOND REVERSAL PATTERN FORMING!! UP OR DOWN?Hey, Hi, Ho, whats up, Seems to me like we have a pretty decent diamon pattern playing out here after a more than massive drop to the stock. I have found, and its also pretty well recognized that although rare, diamond patterns are extremely profitable if played correctly. Not only can you flip short exp calls and puts as the up and down waves are pretty predictable - a long call strategy can give you a really great opportunity to accumulate contracts as the price action goes side to side as you wait for the conclusive breakout. According to the chart the breakout projection is approx $200 which as I have charted it is a key level of resistance/support so that makes sense. Basically its a gap fill of sorts because the price fell HARD from 200 on. On the flip side if the pattern fails and its just a continuation of the current down trend the price target is $80-$90 area - here's hoping it doenst go this way. An importnat note for anyone playing options like myself, there is a significant lopsided amount of PUTS being held in open interest from now until Jan 2024 - obviously this can change however I think its pertinent to notate where it stands now. Price action looks to be topping at this part of the diamond and should roll over down to about $125 by the end of March. IMHO either June 17 or 1/20/23 exp calls are going to be the most valuable As of today I like: 6/17/22 ($175's and $240's) 1/20/23 ($230 CALLS) However time will tell and I will revisit near the end of March or when my bottom alert gets triggered, which ever comes first. NOT FINANCIAL ADVICE.
NASDAQ:ETSYLong
by arich1282
1
Cheap call options - Swing and Squeeze UpI am seeing about 27% short interest in FUBO, but I do not trade on this. My technical reasons are sound, and short interest may drive stock higher if it moves up. There is a large sell block today, 22k, at $8.03, which may clear this week for stock to move higher. Call options are very cheap so I suggest taking 14Apr and later expiry. This stock has not gotten attention yet (unlike other meme stocks) but I think it will. Buying here below 8 gives you a very low risk swing trade with a tremendous reward potential. Weekly chart > RSI and stochastic both are exiting from oversold levels and may see buyers in the next few weeks > Ovals highlight previous move up which could repeat, technically speaking > During price rise marked by oval RSI held over 40, so this this time with it coming from below 30 there may be more buying power > Set 8.40 alert - over this could see a sustained move higher Daily chart > Bullish divergence complete (green lines), followed by strong move over the downtrend line > Stochastic %K gave a warning for more upside price action (rectangle), and %D still has to move higher > Looking for RSI to move over 50 and stay, to support more upside > Green arrow marks a bullish 3 candle move that helped 10ema move over 20sma On 30min chart, 20sma is above the 200ma and the cloud. You can draw a support line from the highs on 18 & 23 March.
NYSE:FUBOLong
by OptionsRising
1