Bullish Unusual Options Activity on CCL Sep 9.50 callNYSE:CCL $325K in premium traded for $9.5 strike calls for Friday September 30th 2022 expiration traded today.
Unusual Activity for $9.5 calls about 28,000 contracts traded throughout the day @ approx $0.25 per contract (Above Open interest of only 3200)
Carnival Corp earnings date is 09/29/2022 Thursday
Stock is at an interesting price level. If stock price moves up and IV increases could help add premium value to the call options.
Risks : Short Expiration - Theta Risk. Earnings Risks.
I would recommend a vertical spread to keep theta at bay especially after earnings when IV will drop reducing the price of the options if you expect to hold this past earning.
Entry Above: 9.01
Target 9.36, 9.65, 9.96
SL close below 8.74
You can use the above levels to trade the stock as well with risk reward ratio of approx 3.65 (defined risk)
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Important Note: This is a short duration contract with earnings risk. Please trade responsibly.
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Unusual Options Volume SKLZ $20 APR 30 Call
SKLZ earnings date is May 04 2021
Earnings run up and break of down trend. Stock moved with increasing volume today. Possible break of trend into run up for the earnings with good possible upside if it holds at current levels.
April $20 Calls Lots of volume today 9,000+ contracts traded. Heavy open interest on May 21 $20 thru $35 strike calls indicating more up side.
Consider 21 May options calls above 21.50.
Down trend channel break $18.11
Trigger $21.50
Target 23.50, 24.57 resistance, stretch target 27.50
Wide SL close below $17.00
Close contract before ER to be on the safe side.
SOXL 3X Semi - Unusual Volume $2M+ traded for $42 strikeAMEX:SOXL $2M+ in premium traded for $42 strike calls for Friday May 21th 2021 expiration traded today.
Unusual Options Volume Activity for $80 calls about 9000+ contracts traded through out the day (Above Open interest of only 1162) from $2.10 to $2.50
Various semi conductor stock earnings coming up soon.
Bounced off 50 EMA Today on the daily showing downside support. CCI is also trending up going from bearish to bullish after being sold through out the day.
Nice hammer on the 4H chart
A Months time on these options I would recommend a vertical spread to keep theta at bay.
Wait for confirmation of break of the $40.00 level for upward trend and possibly a close above this level to start a position.
Enter using $40 or $41 calls around trigger as theta burn will be less once ITM. Or consider a vertical.
Exercise caution when entering 3X ETF as they tend to move rapidly to the down side on any pullback.
Support 50 EMA $38.55
Trigger $40.00
Target 41.44, 42.44, stretch target of 43.45
SL close below 50 EMA
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VLO Bullish Sweep $2M in premium traded for $80 Calls June 18thNYSE:VLO $2M in premium traded for $80 strike calls for Friday June 18th 2021 expiration traded today.
Unusual Activity for $80 calls about 10,000 contracts traded around 10.25pm @ approx $1.70 (Above Open interest of only 4657) Volume 23K
Plug power earnings date is 04/22/2021 Thursday
Bounced off 50 EMA multiple times showing good downside support. CCI is also trending up going from bearish to bullish.
2 Months time on these options I would recommend a vertical spread to keep theta at bay especially after earnings when IV will drop reducing the price of the options if you expect to hold this past earning.
The stock dose have the tendency to fall after earnings most of the times and rally after.
I would wait for confirmation of break of the $73.95 level and possibly a close above this level to start a position.
Got multiple mentions on CNBC today and has already traded up with some volume coming in.
Support 50 EMA $70.95
Resistance $73.80
Target 75.21, 77.03, 78.22, 81.33
SL close below 50 EMA
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XAUUSD 4H Idea 8 Jun 2020XAUUSD stuck between recent supply and demand zones
gold reaction to 1695 is key: .236 fib (pink), trendline , and 14 EMA (4H) (orange)
sell on rejection: failure to capitalise on recent events and technical formations may suggest start of a downtrend, however wait for signals and execute accordingly