Option
Vomiting Camel pattern. This thing could really plummet. Albeit lazily drawn, I present the dreaded “vomiting camel” pattern. I’m not making this shit up. There’s actually a pattern you can look for that is a serious fucking bear when you do. It’s got this ridiculous name for obvious reasons, but here it is and I’ve decided on the 4/46 long put, 17 strike. It cost .66 and is at .69 as of 1053am 4/12. I’m not going to get chased away from this one too quickly as it has potential to really plummet. If it goes sideways I’ll look to roll this one.
Dividend Capture Strategy for easy cash flowDividend Capture strategy for easy cash flow on XOM
Exxon Mobil pays .82 per share quarterly and the ex-dividend date is this Friday (2/8/2019) the dividend pay date is on 3/11/19. So yearly Will get $3.28 (.82x4)for a dividend yield of 4.4% not bad.
But by selling the ATM Put for $1.02 I will increase the premium plus dividend paid for the year to $4.30 and increase the yield to 5.77%. That alone is an improvement of 31%.
If I don't get assigned I get to keep the premium and make over $500 in a couple of days and if I do get assigned then I will sell some calls to keep reducing my basis and improve my yield even more.
The Trade: XOM
Sold 5 ATM Puts @ 74.5 for $1.02
4 days to expiration
Accurate Harmonic Found All this news about global growth and politics are starting to catch up. The harmonic found is really accurate, and so is the most recent correction from the beginning if the year. I bought a put option expiring next month. If you're doing the same thing, buy an option that is only risks 5% of your account. Obviously I'm not an option trader, so only take my advice if you find true value in the analysis.
If I made you money, follow me.
$XLF bullish credit spreadNew bullish credit spread on XLF (financials) for OCT 12! Not this Friday. Solid movement this morning in the market and financials is starting to show strength. Decided to take this move out two weeks to allow for the bottom to confirm and some bullish movement to occur.
Entry 27.79
Max profit 28.50
Break even 28.14
0.38:1 risk/reward
$XLK bullish credit spread for this #FridayHigh risk bullish credit spread on XLK . Solid gap down in tech this morning, but not showing signs of continuation bearish. This is one of the set-it and forget-it spreads as we will let it go all the way till exp.
Entry 74.33
Break even 74.72
Max profit 75
0.78:1 risk/reward
More info at wingtrades.com
Bought ROKU Call Spread Jan 2020 55 C - Jan 2020 60C for $2.30/cEntered this Long Term Trade for $2.30/contract, since it completed a Long Term Breakout on a great percentage gain of more than 5%.
I will hold onto this trade until it is either close to max profit of $2.70/contract, which would yield 117% in about 15 months, or until the debit spread is cut in half.
First level of resistance is about $67 and after that $75.
Happy Trading
Lindosskier
1 million dollar bullish option bet on twitterSomeone bought 10,000 February 27 calls for $1.18 debit. That's a 1.180.000 dollar bullish bet with out of the money call options. On 8 Feb 2018 twitter will come out with earnings. Better than expected? Chart is looking good in my opinion twitter is breaking-out. Last quarter was the first profitable one, at the moment it looks like the turnaround is working.
BTCUSD dos opcionesUn posible escenario para el BTC podría ser este... una nuevo rebote en la resistencia de la linea de tendencia acelerada para ir en busca del soporte de los 6000 dando un pequeño impulso alcista antes de romper levemente el soporte para tomar fuerza y cambiar la tendencia. Otro escenario posible seria que rompa el soporte de los 6000 para ir a buscar definitivamente el punto de los 4900 donde tocaria el punto fibonacci del 78%.
NVIDIA INDECISION!Right, I believe that a bullish stride on this stock is more than probable however we need to take into account the possibility of a false breakout.
We could potentially see prices rise to the upside target of 270.00 which is very achievable.
HOWEVER.
We need to also note that prices could break out of this ascending channel down to lows of 150.00 .
LET'S SEE WHAT HAPPENS NEXT, UPDATE COMING VERY SOON!
ROKU WHAT HAPPENED!Alright so this stock has plummeted down to the 30.00 Region.
It's very hard to tell where prices will go in the future, I believe that if prices break out of the 40.00 Region . We could gradually see prices going to the upside target of 60.00 . Wiping out all prior highs, I also believe that it's not farfetched anticipating a short on this stock down to lows of 20.00 .
I think you should stay out of this stock for now guys! Just my two cents of course!
STAY SAFE GUYS !
KEYCORP SHORT (UPDATE)So guys I'm not back tracking on my bias however I'm starting to think that my short bias on this stock is perhaps longer term. This stock simply doesn't have as much volume as a large cap company to support this sharp move down to our expected levels or perhaps breaking our lower bound. Of course adverse news about the company could help fuel this move however I'm not going to be banking on this. I say whilst we're still in the profit we pull back on our original bias and just go long on this soon, the big short on this stock is coming just not now. I don't believe our bias is short term at all.
Currently there's a chance to go long on this, potentially wiping out our current resistance. This could be a very lucrative trade however one thing to consider is the fact that our bias doesn't guarantee a profitable trade on this stock. It's ultimately the market's perception of this stock which will shape it's future.
HOWEVER.
Let's sit back and see what happens, expect more updates on this guys!