Sold the OCT 20 30/32, ~ 30 deltas, 58 days, @ 40% IV Rank now, (I missed my chance selling when the IV was higher before earnings ) I'm sitting on 3 lots of stock here with 31.64 cost basis. I could have just sold the 32 call against my stock position, but it seems to make more sense to sell the strangle as it brings in more premium and both the call & put...
We've been making a good habit. Trading Calls on the way up as we fill the gap. Nice cup and handle formation pattern. Currently trading in the gap. will add more eow -TheTradingNinja
Pricetarget - as high as expected [: NASDAQ:CSCO
On April 5, 2017, CISCO Systems Inc. ( NASDAQ:CSCO ) crossed below its 50 day moving average (MA). Historically this has occurred 236 times and the stock does not always drop. The stock has a median loss of 2.851% and a maximum loss of 30.080% over the next 5 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at...
Price pushed up through BB and then below them. Then price moved below 20 MA. This gives me reason to believe a significant short movement may be imminent. Therefore, I bought a 30 day put option (Apr17) on the movement. I stand to lose $108.49 if the option does not fulfill the movement I anticipate. Take profit target is at 200 MA.
Short idea- Counter tl break to short just under 618 and target 1618 1:2 RW
Price went up again, coming back to the A/R line and it's now ripe to fly... Going Long with a RiskReversal in options or the Stock.
Signals: flag false breakout Buy 31.30-31.40 (flag breakout) Stop 30.05 (-1 tic under false breakout's low) Target 34.00 (sizing) R\R ratio 1:2
$CSCO rising wedge on daily. The former neckline of the inverted H&S should play as temporary support for a bounce and possible continuation of wedge. Watch for break in neckline to downside. POC in low 28s
Hi there. Cisco on the daily is way up above all EMA lines. Zooming in on the 1H we can see a div. So i might go ahead and short when the market opens. Have a nice day.
Must stay above 28 to retest 32 or risk 24 first 16 next.
Here is one of the surviving dinosaurs of the DotCom era, actually with good fundamental data. Cisco is a core holding of many value funds, even if they do not focus much on tech names. I see further potential this year - plus you don`t see extreme greed topping patterns here ( as in Facebook or Amazon ).