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$WBA 11DTE SHORT PUT 10% profit target #WBA #options10% TP for my cap in 10 days? It's good.... Any kind of naked PUTs on big instrument are my favorite at high IVR with divergence. My choice for today: Walgreens Boots Alliance Inc. Reasons: - RSI is already oversold with big divergence - breakeven point is little close, but allowed loss ($50 max) is manageable SETUP: NAKED PUT for NASDAQ:WBA , because IVR is high, for 0.7cr * Sell 2 NASDAQ:WBA OCT13 '22 PUT Max profit: $152 Probability of 50%Profit: 72% (TP: $95) Profit Target relative to my Buying Power: 10% Req. Buy Power: $1035 (max loss without management before expiry, no way to let this happen!) Tasty IVR: 84 (very high) Expiry: 11 days SOLD OCT13'22PUT @ 0.76cr
NASDAQ:WBALong
by TanukiTrade
FAST Fastenal Company Options Ahead of EarningsIf you haven`t bought FAST here: Then analyzing the options chain and the chart patterns of FAST Fastenal Company prior to the earnings report this week, I would consider purchasing the 55usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $0.87. 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.
NASDAQ:FASTShort
by TopgOptions
WFC Wells Fargo & Company Options Ahead of EarningsIf you haven`t bought the dip on WFC: Then analyzing the options chain and the chart patterns of WFC Wells Fargo & Company prior to the earnings report this week, I would consider purchasing the 42.50usd strike price Calls with an expiration date of 2024-3-15, for a premium of approximately $1.87. 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.
NYSE:WFCLong
by TopgOptions
SPY S&P 500 etf Options expiring next weekIf you haven`t bought puts ahead of the FED`s Interest Rate Decision last week: Which happen to end up 4.18X higher after the Federal Reserve suggested the likelihood of another rate increase in the near future. Then you need to know that SPY is approaching an oversold area. And historically, as you can see in the RSI chart, in these areas technical players tend to buy the dip, anticipating a technical rebound. In this context, and looking into the options chain, I would consider the following Calls expiring next Friday: 2023-9-29 expiration date $430 Strike Price $4.38 Premium Looking forward to read your opinion about it!
ALong
by TopgOptions
3
$META: Strong EMA Hold & Bullish Confluence Pre-EarningsExamining NASDAQ:META , the stock showcased resilience with an inside hammer formation on a 3-1 count, complemented by a rise in volume. It's commendable how it stands firm above both its 9 & 50-day EMAs, indicating strong bullish sentiment. Of particular note, despite market pressure from AMEX:SPY and TVC:VIX , NASDAQ:META staunchly defended its support levels. This strength was further underscored by its position as the 3rd highest in options call flow. As we navigate through timeframes, the stock maintains an inside day-week-month pattern, suggesting a possible bullish trend continuity. The presence of a hammer and a bullish flag across these timeframes amplifies this sentiment. With earnings approaching later this month, traders should keep a keen eye on NASDAQ:META for potential breakouts and trade opportunities
NASDAQ:METALong
by Solidified
JEF Jefferies Financial Group Options Ahead of EarningsIf you haven`t sold JEF here: Then analyzing the options chain and the chart patterns of JEF Jefferies Financial Group prior to the earnings report this week, I would consider purchasing the 37.50usd strike price Puts with an expiration date of 2024-1-19, for a premium of approximately $2.12. 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.
NYSE:JEFShort
by TopgOptions
CNXC Concentrix Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CNXC Concentrix Corporation prior to the earnings report this week, I would consider purchasing the 75usd strike price Calls with an expiration date of 2024-04-19, for a premium of approximately $8.90. 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.
NASDAQ:CNXCLong
by TopgOptions
PRGS Progress Software Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PRGS Progress Software Corporation prior to the earnings report this week, I would consider purchasing the 55usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $1.57. 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.
NASDAQ:PRGSShort
by TopgOptions
CUK Carnival Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CUK Carnival Corporation prior to the earnings report this week, I would consider purchasing the 10usd strike price in the money Calls with an expiration date of 2023-10-20, for a premium of approximately $2.60. 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.
NYSE:CUKLong
by TopgOptions
STZ Constellation Brands Options Ahead of EarningsAnalyzing the options chain and the chart patterns of STZ Constellation Brands prior to the earnings report this week, I would consider purchasing the $262.5 strike price in the money Calls with an expiration date of 2023-10-20, for a premium of approximately $2.07. 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.
NYSE:STZLong
by TopgOptions
MU Micron Technology Options Ahead of EarningsIf you haven't bought MU here: Then analyzing the options chain and the chart patterns of MU Micron Technology prior to the earnings report this week, I would consider purchasing the 75usd strike price Calls with an expiration date of 2024-1-19, for a premium of approximately $3.37. 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.
NASDAQ:MULong
by TopgOptions
ACN Accenture plc Options Ahead of EarningsIf you haven`t sold ACN here: Then analyzing the options chain and the chart patterns of ACN Accenture plc prior to the earnings report this week, I would consider purchasing the 315.50usd strike price Calls with an expiration date of 2023-10-20, for a premium of approximately $9.10. 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.
NYSE:ACNLong
by TopgOptions