Debit
BA July 355/370 bull debit vertical spreadThis technically-driven call debit spread on Boeing entails buying a 355 call and selling the 370 call, both with standard july expiry. The cost of taking this position is a debit of 6.35, making the break even 361.33. This is slightly below the long term support levels, and the resistance of the upper boundary of the horizontal channel, which will become a support after it is penetrated. The lows from March 22nd and April 10th were both roughly 362. Once this was penetrated the stock has traded in a horizontal range. This support around 362 has been tested a couple times; this makes it stronger when it is finally broken through. Also, the 50 day simple moving average is at 365, and the 200 simple moving average is at 363, further strengthening this area of support. The maximum profit for this trade is reached at the strike of the written call, 370, and is the difference between the strikes minus the debit (15-6.35= 865/contract). This trade is 18.91 deltas positive per contract.
PAY announces Partnership with the Litecoin Foundation!Ten X, creators of PAY token, have created a debit card usable all over the world with no foreign transaction fees. Previously partnered with Visa, the companies debit cards have been unavailable and unusable since January when the contract with debit card creators, Wavecrest, was terminated. Things about the cards were quiet until March 23rd when silence about the mysterious end to their debit card platform was broken. Ten X announced to its eager community that they’d have answers to their questions in the next few weeks. March 27th the team posted a follow up ‘Ask Me Anything’ hosted by Reddit where they finally discussed partnering with the Litecoin Foundation and April 11th the cat was out of the bag with Ten X announcing plans to release a “co-branded” card. Litepay TenX.
All of this uncertainty has caused quite a bit of turbulence for Ten X’s token PAY over the last few months. Looking at the charts, you can see the greatest decrease in volume the token had seen to date happened during this time and price action saw a 55% drop. While 55% might seem like a significant dip in price action, this was actually the smallest of PAY token’s 3 major corrections to date with the token holding up reasonably well, despite the communities bad news, than a number of other tokens in the market.
QWARK - Time soon. I see a similar pattern in Qwark. Very likely to get pumped soon.
Low risk, so I got some.
Market Cap
$10,065,340 USD
Circulating Supply
43,625,589 QWARK
Total Supply
206,075,989 QWARK
Price: $0.230721
Qwark is the first currency other than Bitcoin that can be used to support a debit card.
I see potential =) Do your own research, this is only my opinion. There can be another scenerio also.
Spy Weeklys In the Money,At the Money or Out of the Money?Spy Weeklys In the Money,At the Money or Out of the Money? What strike price is the best to trade for max bang for the buck? First you have to get the direction right and assuming you did that next you have to decide which strike price is the best to play for max profit in a short time period. Attached is a chart that shows the SPY trades we followed over 2 weeks that we were mostly out of the money with one trade at the start the SPY 191.50 CALL bought at $2.00 then sold at $3.85 for a 90% profit. We noticed that the out of the money option were up around 200% in one day. So the at the money was profitable but the out of the money options were noticeably more profitable. During the following 2 weeks we followed mostly out of the money options with remarkable profits. On Thursday March 3 2016 we followed 2 options bought on Thursday when we got a bottom signal. They were out of the money options, one option was SPY Mar 11 201 CALL bought at $.90 that had a high for the day of $1.74 on Friday for a 90% profit.
We usually follow options with at least 2 full trading days to expiration to allow time for the option time to play out. But on Thursday we decided to also followed an out of the money option with less than 2 days to expiration which we called The Gambler it was a SPY Mar 04 200 CALL bought at $.40. We decided on the 200 strike because we wanted something that was out of the money but had a chance of getting in the money. It got to $1.36 for a high and a 240% profit. The bottom line is the out of the money options apparently have the greatest profit potential but you have to be aware of the risk involve especially as you approach expiration and the accelerated time decay on Thursday and Friday the week of expiration
RISK DISCLAIMER
Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital.
topandbottomtradesignals.net
How to Profit Regularly with SPY Weeklys Playing the SwingsThere are numerous opportunities every month to profit from the swings in the minute charts if you can find those trading
entry and exit points. If you know if you are looking at a top or bottom of a swing you greatly increase the odds you are trading in the right direction and knowing when you at the other end of your trade can help you maximize you profit.
Whatever you are trading knowing when the conditions technically ripe for a change can be monumental to your success. the attached charts show how the charts show entry and exit points and what kind of success you can have.
I have numerous example of signals and trades on website for you to checkout.
topandbottomtradesignals.net