EGIO Edgio Options Ahead of EarningsAnalyzing the options chain and the chart patterns of EGIO Edgio prior to the earnings report this week,
I would consider purchasing the 1usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Optionsplay
EPM Evolution Petroleum Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of SEPM Evolution Petroleum Corporation prior to the earnings report this week,
I would consider purchasing the 12.50usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.12.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
SJM The J. M. Smucker Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of SJM The J. M. Smucker Company prior to the earnings report this week,
I would consider purchasing the 140usd strike price in the money Calls with
an expiration date of 2023-9-15,
for a premium of approximately $4.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
OKTA Options Ahead of Earnings If you haven`t sold OKTA when Losses Exceeding Expectations:
Then analyzing the options chain and the chart patterns of OKTA prior to the earnings report this week,
I would consider purchasing the 72usd strike price Calls with
an expiration date of 2023-9-1,
for a premium of approximately $4.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
GWRE Guidewire Software Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GWRE Guidewire Software prior to the earnings report this week,
I would consider purchasing the 75usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $0.82.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Generating Income from NVDA ConsolidationDescription
NVDA has seen consistent gains following the upside break of its descending intermediate trendline on 17JAN. Now it seems to have settled into a consolidation pattern (Ascending Triangle) following the event-related runaway gap up through an ATH on 25May. Ascending triangles represent a healthy demand for a stock with a planned distribution at a particular price, which appears to be 480, and now we are now seeing the second rejection of the upper boundary of the pattern @482.
At the same time, DIA, SPY and IXIC have all seen retests and rejections of their 50D EMAs today. In general, I expect the continued fall in the indexes to keep NVDA in consolidation, despite consistent earnings outperformance.
Technical Indicators to signal the entry:
Ascending Wedge upper boundary second rejection.
Technical Risk Factors:
MACD 12 over 26 bullish cross
The expected price is <482 until breakout of the pattern.
I will be using short dated call credit spreads to:
Limit upside risk while maintaining a neutral position
take advantage of skewed earnings IV
Call Credit Spread
Levels on Chart
SL: 482 / or a minor that does not reach the ascending trendline at the bottom of the pattern
PT: <482
TP: @ expirations
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
8/25 487.5C
SELL
8/25 482.5C
R/R & Breakevens vary on fill.
Manage Risk
Only invest what you are willing to lose
I warrant that the information created and published by me on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
HPQ HP Options Ahead of EarningsIf you haven`t sold HPQ here:
Then analyzing the options chain and the chart patterns of HPQ HP prior to the earnings report this week,
I would consider purchasing the 32usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.72.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
GES Guess? Options Ahead of EarningsAnalyzing the options chain and the chart patterns of GES Guess? prior to the earnings report this week,
I would consider purchasing the 19usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $1.07.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
FUTU Holdings Limited Options Ahead of EarningsIf you haven`t bought FUTU ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of FUTU Holdings Limited prior to the earnings report this week,
I would consider purchasing the 45usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $5.20.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
BIDU Baidu Options Ahead of EarningsIf you haven`t sold BIDU here:
or reentered on this dip:
Then analyzing the options chain and the chart patterns of BIDU Baidu prior to the earnings report this week,
I would consider purchasing the 115usd strike price Puts with
an expiration date of 2024-3-15,
for a premium of approximately $10.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
PSFE Paysafe Limited Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PSFE Paysafe Limited prior to the earnings report this week,
I would consider purchasing the 15usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $0.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
EH EHang Holdings Limited Options Ahead of EarningsAnalyzing the options chain and the chart patterns of EH EHang Holdings Limited prior to the earnings report this week,
I would consider purchasing the 20usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $1.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
SE Sea Limited Options Ahead of EarningsIf you haven`t sold SE here:
Then analyzing the options chain and the chart patterns of SE Sea Limited prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $3.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ILMN Illumina Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ILMN Illumina prior to the earnings report this week,
I would consider purchasing the 195usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $8.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
SBUX Starbucks Corporation Options Ahead of EarningsIf you haven`t sold the Exposure to China news:
or reentered the past earnings:
Then analyzing the options chain and the chart patterns of SBUX Starbucks Corporation prior to the earnings report this week,
I would consider purchasing the 100usd strike price in the money Calls with
an expiration date of 2023-9-15,
for a premium of approximately $4.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I`m considering in the money calls and a longer expiration date because its options chain is just slightly bullish.
Looking forward to read your opinion about it.
ENVX Enovix Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ENVX Enovix Corporation prior to the earnings report this week,
I would consider purchasing the 20usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $2.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
NEM Newmont Corporation Options Ahead of EarningsAnalyzing the options chain of NEM Newmont Corporation prior to the earnings report this week,
I would consider purchasing the 42.5usd strike price Calls with
an expiration date of 9/15/2023,
for a premium of approximately $1.11.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
WFC Wells Fargo & Company Options Ahead of EarningsIf you haven`t sold WFC here:
or bought it here:
Then Analyzing the options chain of WFC Wells Fargo & Company prior to the earnings report this week,
I would consider purchasing the 42.5usd strike price Puts with
an expiration date of 2023-8-18,
for a premium of approximately $1.42.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
SGH SMART Global Holdings Options Ahead of EarningsAnalyzing the options chain of SGH SMART Global Holdings prior to the earnings report this week,
I would consider purchasing the 30usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $1.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
DRI Darden Restaurants Options Ahead of EarningsAnalyzing the options chain of DRI Darden Restaurants prior to the earnings report this week,
I would consider purchasing the 160usd strike price Puts with
an expiration date of 2023-7-21,
for a premium of approximately $2.67.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
DOCU DocuSign Options Ahead of EarningsIf you haven`t sold DOCU here:
or here:
Then Analyzing the options chain of DOCU DocuSign prior to the earnings report this week,
I would consider purchasing the $57.50 strike price Puts with
an expiration date of 2023-6-16,
for a premium of approximately $4.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
WOOF Petco Health and Wellness Company Options Ahead of EarningsAnalyzing the options chain of WOOF Petco Health and Wellness Company prior to the earnings report this week,
I would consider purchasing the 9usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $1.20
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.