Get started

Option

AMZN - Potential Head & Shoulder formation short from $844.33AMZN forming a potential head & shoulder. We would like to take the advantage from the top when it is forming the second shoulder, and a break of $844.33 will be a good entry point. For trade we would consider $850 Apr/May-17 Puts, last traded for $23.75 & $38.02 respectively. * Trade Criteria * Date First Found- February 23, 2017 Pattern/Why- Potential head & shoulder Entry Target Criteria- Break of $844.33 Exit Target Criteria- $802.13 Stop Loss Criteria- $858.13 Please check back for Trade updates. (Note: Trade update is little delayed here.)
NASDAQ:AMZNShort
by AcornWealthCorp
DIS - Upward channel or Rising wedge breakdown short from $108.5DIS was going higher within an upward channel or rising wedge formation. It seems broken down the pattern, retested the broken support and getting ready to rollover. It would be a good short, If it breaks below 50 day MA, and for trade we would consider $110 May-17 Puts * Trade Criteria * Date First Found- February 23, 2017 Pattern/Why- Upward channel or Rising wedge breakdown Entry Target Criteria- Break of $108.50 and MA-50 Option - $110 May-17 Puts Exit Target Criteria- $104.13 & lower Stop Loss Criteria- $111.07 Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:DISShort
by AcornWealthCorp
IMAX - Upward channel Possible earnings play, $31 March PutsIMAX seems running within an upward channel, also forming a possible bear flag formation. On the other side we have the earnings coming in 2 days. So we would like to take advantage with option, and we would consider $31 March-17 Puts, last traded for $1.25 * Trade Criteria * Date First Found- February 19, 2017 Pattern/Why- Upward channel, Possible bear flag, Possible Earnings play Entry Target Criteria- Current price Exit Target Criteria- $29 Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:IMAXShort
by AcornWealthCorp
Neutral position on BTCI currently have a debit spread open on BTC, with a $100 spread. BTC 31mar17 1100/1200. I expect the price to be trading within this range for a bit, however not all of it is completely sound. The probability of the call leg being In-The-Money is about 60%, and as of current it is trading pretty close to my strike price. To hedge that, I opened up my short leg with a few more contracts, to collect premium and be net profit at expiration, because there's a 40% chance of it ever going In-The-Money from that strike price. If all else fails, I'll adjust my position, and roll down my long call to a lower strike. For now, that doesn't seem necessary. All of the greeks are favourable. Theta decay is high on the short side, but that's also favourable- you want the top option to expire worthless so you get that sweet, sweet premium. Good luck!
BITFINEX:BTCUSD
by michael.oselskyi
X- Speculative Call option trade as it forming a Flag formationX seems forming a possible Flag formation, clearly seen in weekly chart. It also shows a small downward channel. At the breakout it can go up to 55 area, and to catch the gain we would consider $33 March Calls. Trade Criteria Date first found- January 25, 2017 Entry Target Criteria- Speculative entry point at current price, confirmation at the Break of channel ($36.67) Exit Target Criteria- First target $45, Second target $55 Option- $33 March-17 Calls, currently $3.10/3.15 Stop Loss Criteria- N/A (Note: Trade update is delayed here.)
NYSE:XLong
by AcornWealthCorp
1
COF - Double top formation Short from $87.93 to $76.23COF forming a massive double top formation. It touched the double top resistance & seems rolling over to the down side. Overall looks a decent shorting opportunity. Trade Criteria Entry Target Criteria- Break of $87.93 or rally to $91.55 Exit Target Criteria- $76.23 Stop Loss Criteria- $92.13 Option: $90 March/Apr-17 Puts You can check detailed analysis on COF in the trading room/ Executive summary link here- www.youtube.com Time Span- 12:50" Trade Status: Pending
NYSE:COFShort
by AcornWealthCorp
AMD - Option Play on earnings; Consider $10 Apr-17 Puts @ $1.38AMD is rolling over after breaking down from an upward channel. Now it is in perfect shorting territory. As earnings in 2 weeks time, we would consider option play for the earnings. Trade Criteria Date first found- January 13, 2017 Entry Target Criteria- from current label Exit Target Criteria- $7.67 Stop Loss Criteria- $11.07 Options: $10 Apr-17 Puts @ $1.38 Trade Status: Pending (Note: Trade update is delayed here.)
NASDAQ:AMDShort
by AcornWealthCorp
MDLZ - Breakdown trade from $40.37 to $32 area MDLZ seems forming a declining neck head & shoulder formation. It is also running within a channel formation. Technically it looks weak & it had recent insider selling. We think it will decline to 32 area shortly. Trade Criteria Entry Target Criteria- break of $40.37 Exit Target Criteria- Target 1- $36.43; Target 2- $32.23 Stop Loss Criteria- $42.23 Indicator Notes- Negative Twiggs Moneyflow Option- $42 Feb-17 Puts You can check our detailed analysis on MDLZ in the trading room/ Executive summary link here- www.youtube.com Time Span- 3:00" Trade Status: Pending
NASDAQ:MDLZShort
by AcornWealthCorp
LYB - Consider $90 March Puts & target is $72We discussed it in the beginning of December in the Xmas wishlist class, and discussed aggressive entry was $92 area & $90 March Puts, the puts should be in nicely in-the money by now. we still like the $90 March Puts (currently $7.20), however updating stoploss to $92.13 to give a little bit of room & target is $72. You can check detailed analysis on LYB in the trading room/ Executive summary link here- www.youtube.com Time Span- 10:30" Trade Status: Pending
NYSE:LYBShort
by AcornWealthCorp
EXPE - Upward channel break Short from $111.13 to $83.13EXPE was a Presidential picks & Xmas wish-list, nicely it hits its First target of $113 form $122.87 & now we are looking for a second zone trade opportunity. It is running within a big upward channel formation & we are looking for a break of upward channel. Trade Criteria Entry Target Criteria- Break of $83.13 Exit Target Criteria- $111.13 Stop Loss Criteria- $118.13 Option - $115 Apr Puts @ $8.26 You can check detailed analysis on EXPE in the trading room/ Executive summary link here- www.youtube.com Time Span- 5:50" Trade Status: Pending
NASDAQ:EXPEShort
by AcornWealthCorp