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CALM

CALM Cal-Maine Foods Options Ahead of EarningsIf you haven`t sold CALM here: Then analyzing the options chain and the chart patterns of CALM Cal-Maine Foods prior to the earnings report this week, I would consider purchasing the 45usd strike price Puts with an expiration date of 2023-12-15, for a premium of approximately $1.35. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:CALMShort
by TopgOptions
SPX: Watch These Stocks to CASH IN on EGGS 🥚Hi Traders, Investors and Speculators of the Charts 📈📉 The SPX Chart is looking bullish as we see another very clear pattern form - the higher lows. Previously, this has been a sign that we can expect more upside movement from the stock market. But not all stocks are equal during this time... Have you bought some eggs recently? Forget high gas prices. If you've tried to buy eggs lately, you've paid up or done without. But some investors are finding a way to cash in. Shares of one of the largest publicly traded egg producers, Cal-Maine (CALM) is up 39% in past 12 months. That's impressive as while the S&P 500 was down more than 7% during that time. Egg prices are on fire — even more so than oil. The price of a dozen grade-A eggs was $4.25 nationally in December 2022, says the Bureau of Labor Statistics, up 138% from the same period a year ago. In some places, like California, eggs sell for even more. Egg prices are becoming the new face for runaway inflation. Millions of hens died last year in an outbreak of disease. That sharply cut the supply of eggs. Cal-Maine is even considered a meme stock now, landing in the Roundhill Meme ETF (MEME). The avian flu's effect on supply will ease, analysts say. But investors who look closely will see that corporate profits at egg companies are booming, too. And that's not seen easing anytime soon. "Energy prices fell 4.5% in December on a 9.4% decline in gasoline prices. Food prices rose 0.3%, with food at home up 0.2% and food away from home up 0.4%, " said Bill Adams, chief economist for Comerica Bank. "Egg prices rose 11.1% on the month, pushed higher by an avian flu outbreak that has hurt supply." So when you're ready to cough up the big bucks to buy eggs, at least know there's a way to profit, too. HEY👀 Interested in Bitcoin? Here's my take for the SHORT TERM : _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
SP:SPXLong
by CryptoCheck-
35
Crappy days+ Top author!Before we start, I would like to brag about becoming a TOP AUTHOR! You can check by going to the ideas tab and typing in MULN, switch to All time authors, and you'll see me! Anyway let's get into it, we've seen some bad days the past few, well, days, and it's not good, but stay calm folks, I have an explanation. The price went Sky-High a few days ago, and now people are selling out. Once the sell outs are finished and the price drops, (insert sound effect here) the price goes up again. will it break $5 by then end of this week? Unlikely, but by the end of April, it could AVERAGE that. stay tuned and stay calmed. (Is that a word? Calmed?)
NASDAQ:MULN
by JadenStockMarketer
7
Weekly Line Chart DivergencesHello traders, I am not a financial advisor. I am not telling you to trade any asset. I am simply sharing my ideas on how to use tools to implement my own investment strategy. Here is a zoomed-out look you can use to come up with some of your own ideas on where the $SPX may go and how to manage your risk. Most of my core strategies are developed on the indices so I will have to implement them on individual tickers unless the comments are interesting. This is a lagging indicator and should put me on the side of the trade that is *probably* likely to continue. By probably, I mean you need to do your own research and look at what the markets want to go and develop your own tools to work with the data. Orientation: Line Chart of ticker on weekly time frame RSI using 12 periods (or weeks, in this case) Signals can be marked using a vertical line or time-based axis marker . In this case, I am using 3 colors of lines, explained by the "Monday Action" legend. We will dive into more detail later on. I also have EMA using ohlc4 on periods (or weeks) 10, 25, 50, 100, 200. Now to the good stuff: Divergences have been around for quite some time. Research about the RSI (Relative Strength Index) and it's roots It is much easier to see something that is larger, than smaller, thus we look at weekly time frames One can use volume, closing price and RSI to help manage one's risk Narrowing a decision to 3 choices can help alleviate indecision So for this application of the RSI and divergence, one can use a simple line chart on a weekly time frame (this chart is based on the closing price from what I can tell, but I was unable to confirm that with the Help Center. I was able to confirm by checking yesterday's close with current reading - it will be different after this post as the weekly close will come in today (writing before market close Friday morning)). We can start at the March 2020 rally. We can see the March 23rd, 2020 weekly close paint a divergence on the RSI. One can see the price close at a higher high when compared to March, 16th, 2020. The RSI values remain relatively flat: 17.95 to 18.04. Find entry One might conclude this is a time to buy. Because of the magnitude of the move DOWN, the move up was also shorted. One would have to employ the use of other tools in order to find entry in the following week. (Use the white anchored notes to see the explanations of thought process). Find an entry in the next week. One can place orders on the weekend in "shotgun fashion" perhaps placing 50% order above current price and 50% below, or whatever method suits you. Hedge Risk The next yellow line is 08/24 - 31/2020. The close indicates indecision in the market. Since this is the first divergence I would simply hedge the FANTASTIC long during the March 2020 buy. This can help to be determined from YELLOW vs RED using the 10 period moving-average of volume. Use options or other means to protect one's long investments Sell of Heavy Hedge The next divergence is JAN 2021. This is the second one so I would probably sell at this point. I would use my other tools to figure out what to do. Heavy hedging can be using derivatives or shorting your long positions. Timing A simple way to use this strategy might be to use the color's GREEN, YELLOW, RED, just like traffic lights. There will be deviations, and variations to the method, but if you back-test this you will probably find this works generally well. Monday Action Now I used the words Monday Action simply because that was the next possible day to make a decision. I can make my decision probably anytime within Friday if I feel comfortable with it. I can also place actions for Monday on the weekend. Bottom Line This week's close is very important. If we follow the green, yellow, red method from above, this very well can be a RED. It can also be another YELLOW. Volume is indicating something big, but we will see!
SP:SPXEducation
by elkenpolar