COO - Third Roll Over TopAn idea forecasting a distinct third roll over top
Pushing price down to green circle
This can then lead to upward channel formation
Coo
COO - COOPER COS INC "Potential increase in Volatility"07/10/2020 $COO
Sentiment Algo uses advanced big data analytics. This stock has potential for a significant increase in volatility. This is not a buy/sell signal
Iron FLY COOIV is really high on COO this could be a good play.
290/310/310/330
0.13/0.42/0.5795/0.25
Exp Jan 17
Max gain is 25% of max credit $14.62 was my credit.
My exit is GTC order for $11 max gain is $3.62
Max loss will be $362 if I lose completely.
Win% odds are around 62% from the wings delta's
$COO $0.053 decision timeChart has a few lines
Pretty dirty daily candle chart.... but looks gr8 as a line chart
COO Put SpreadCost of spread is $4.75 300/280 Exp Oct 18
Cost of spread is actually decent for the price.
Max loss is going to be $330 max gain is $1000
Earnings were poor so its been falling its consolidating at a lower point perhaps to move lower.
COO - Double top formation in weekly frame, short from $167.43COO formed a double top in the weekly frame, and it has broken down all the MA lines. EMA lines crossed to the down side & moneyflow is deep in the negative side.
We think it can decline all the way down to 120 area
On the option side we would consider $170 May Puts
You can check our detailed analysis on COO in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 7:45"
Trade Status: Pending