$TSLA squeeze release breakoutBeautiful NASDAQ:TSLA Squeeze release
Looks like it wants the $165 PL, soon as $SPY pivots at $390 this will take off.
Optionstrading
$SPY Weekly Chart Setup$SPY is still respecting the downtrend on the weekly and Retail Sales data seems to be the catalyst to keep it contained. This is also a quad witching week. $SPY is currently ranging between $390 and $410 and until we break that range we're gonna see chop.
AMEX:SPY
DISNEY - POTENTIAL SHORTDisney was down trending on the 4H timeframe from Nov. 1st to Nov. 9th 22. After a pullback to the .618 fib level, price from the stock began to consolidate and price condensed. Dec 6th price broke out of the consolidation and retested on Dec 13th.
The Price Action of Disney stock is currently creating a Bearish Pennant . If price can break $92 and reject successfully, a short could be profitable.
$SPY Session Hourly following Fed Decision$SPY Session Hourly following Fed Decision, $398.93 bull gap filled.
AMEX:SPY
$META Session Hourly Bullish Uptrend Channel $META wants $125 pre Fed meeting, we'll see north of $130(bear gap fill) on a dovish Fed during the presser
I like the $META $115P as a hedge on a Hawkish Fed tone during the presser.
NASDAQ:META
$SPY uptrend channel on Session Hourly $SPY has maintained the market structure above this huge bull gap ahead of FOMC Fed decision AMEX:SPY
Trade Plan 12/14/2022
TP1>
if we manage to Trade/Bid above MAIN POC 4054, we can test > 4081 > 4141 > 4186 > 4207 > 4221
TP2>
if we Open/Trade below MAIN POC 4054 > we can test > 4035 > 3995 > 3980 > 3960 > 3934 > 3914 (LIS - Bulls Trapped)
*All those levels will be INVALID as tomorrow 2:00 PM we will have FOMC Interest Rates REPORT ! GET READY for LOTTO TRADES. $ES can move again +100/150 handles.... Yep, believe me or not we are going to survive tomorrow also !!
Daily PIN BAR candle
fading all the CPI pre-mkt move.
STRONG HIGH = SUPER BEARISH / REVERSAL
Reason I'm Flat and waiting to short, we have FOMC Tomorrow 12/14/2022 by 2:00pm.
Auto Support & Resistance From Options Strike PricesPilfering the old script hoard 3 at a time:
SPY Moving Averages and Signals
Trade-Deep-OTM-Strangle-Options-with-COG-Channel-Squeeze/
Auto Support & Resistance From Options Strike Prices
UROY Uranium Royalty Corp Options Ahead Of EarningsLooking at the UROY Uranium Royalty Corp options chain ahead of earnings , i would buy the $2.5 strike price Calls with
2023-1-20 expiration date for about
$0.22 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
MOMO Hello Group Options Ahead Of EarningsLooking at the MOMO Hello Group options chain ahead of earnings , i would buy the $5 strike price in the money Calls with
2023-1-20 expiration date for about
$0.98 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
HCLTECH - Short OpportunityHey guyz here is my small analysis for HCLTECH. One can take 1050 PE for December in order to get good returns
COIN New Trade > Naked Put
New Trade $COIN
Naked Put
Strike $22.5
Premium $0.53 x 3 contract = $159.00
Adding to the previous contracts Strikes 25 for a total credit of $557.00
DIS New Trade > Naked Put
New Trade $DIS
Naked Put
Strike $75
Premium $0.43 x 3 contract = $129.00
Adding to the previous contracts at the same Strike 75 for a total credit of $563.00
TLT New trade > Naked Put
New Trade $TSLA
Naked Put
Strike $99
Premium $0.41 x 3 contract = $123.00
Adding to the previous contracts Strikes 96 and 98 for a total credit of $563.00
COST New Trade > Naked Put
New Trade $COST
Naked Put
Strike $370
Premium $1.16 x 2 contract = $232.00
AMBA Ambarella, Inc. Options Ahead Of EarningsLooking at the AMBA Ambarella, Inc. options chain ahead of earnings , i would buy the $80 strike price Calls with
2023-1-20 expiration date for about
$5.40 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Theta Machine I'm starting a new position into some tickers to use THETA as our main income generator:.
The goal is 30% return/year
Sell Puts Delta 5/10/15
55/45/ 40 DTE
Trades/Day = +6
Trades/Week = +30
Trade/Year = +1560
Credit/Trade = +$110.00
Book Size = 3.53%
Book Wipe Risk = 7.06%
Black Sawn Risk = 49.45%
PCR = 35%
Avg DIT = 15
Delta/Theta Ratio = 0.5 (hard to keep it)
Theta/ Vega Ratio = +0.2
Profit = 60%
Loss = -200%
Theta Machine - 12/07/2022THETA MACHINE UPDATE
No New Trades Today
I want VIX and IV to go higher so we can collect extra premium...if not tomorrow, by Friday I will increase the cost basis to +500, and Theta will be around $150/day.
Overall POP = 84%
POP = Probability of Profit
*Next Week volatility can spike as we will have CPI (Dec 12) and FED (Dec 13).
With that said, I will probably hedge with Micro Futures.
*Quick TIP if you want to hedge your portfolio>
+50 Delta = 1 /MES (Micro)
+500 Delta = 1 /ES (Mini)
My Delta Beta Weight now is around 100, so In order to hedge I need to Sell 2 Micro Futures (2x /MES)
Trade Plan 12/08/2022TP1> Trade Plan 1
if we manage to Trade/Bid above MAIN POC 3937, we can test > 3960 > 3995 > 4036.
TP2> Trade Plan 2
if we Open/Trade below MAIN POC 3937 we can test > 3914 (LIS-CPI POC) > 3845 > 3827.
RH Options Ahead Of EarningsLooking at the RH options chain ahead of earnings , i would buy the $262.5 strike price Calls with
2022-12-16 expiration date for about
$7.20 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Nifty Levels & Strategy for 07/Dec/2022Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
Nifty: Options data indicating mild bearishness ahead of RBI policy. Smart money/big players have added plenty of new bearish positions. USA market are already nervous ahead of another rate in next week. Tomorrow, we can expect a sideway move ahead of RBI policy. Post RBI policy market direction will be dependent on rate hike & commentary by RBI regarding inflation & growth outlook.
Red Flags to keep in mind for coming days:
1.RBI meeting is going on. Reserve Bank of India (RBI) is likely to go ahead with another rate hike approx. 0.35% on Dec-07
2.USA Fed meeting (next week). Another rate hike of 0.75% is likely to happen.
3.Gujrat results on Dec-08. Exit-poll results looking good for market
Is volatility likely to grow in coming days????? Please trade carefully with hedged positions (overnight)/strict SL (intraday)
Please find below scorecard, PCR update & options statistics for your reference:
NIFTY SCORECARD DATED 06/DEC/2022
NIFTY IS DOWN BY -58 POINTS
Name Price Previous Day Change % Change
Nifty 18643 18701 -58.30 -0.31%
India VIX 14.04 13.73 0.31 2.26%
OPTION STATISTICS BASED ON 08/DEC/2022 EXPIRY DATA
Max OI (Calls) 19000 (Open Interest: 10207000, CE LTP: 6.5)
Max OI (Puts) 18600 (Open Interest: 7505150, PE LTP: 39.4)
PCR 0.71 (PCR is in bearish zone)
Nifty Calls:
ATM: Short Buildup, OTM:Short Buildup, ITM:Short Buildup, FAR OTM:Long Liquidation
Nifty Puts:
ATM: Long Buildup, OTM:Short Buildup, ITM:Short Covering, FAR OTM:Short Buildup
AVDL hedged options strategyDublin-headquartered biopharmaceutical company Avadel Pharmaceuticals currently has a buzzy formulation of sodium oxybate in a Phase 3 clinical trial for the treatment of narcolepsy, among other candidates. The current twice-nightly U.S. narcolepsy oxybate market is estimated at $1.8 billion -- up to half of those patients quit because they need to wake up in the middle of the night to take the second dose. AVDL's LUMRYZ, taken once before bedtime and offering much more ease of use, was recently granted tentative approval by the FDA. Speculatively, in an era where melatonin use and sleep studies are so common, specialized research in sleep disorders and cataplexy may also lead to other medical breakthroughs. Looking at the last wick on the weekly chart, the bulls seem to want to push the stock up. Will the uptrend continue? According to its profile on Yahoo Finance, it's a Strong Buy.
Here's a hedged options trading strategy that makes up to 38% (33% annualized) on AVDL and also protects from a price drop of up to 44% as of 1/19/24.
Buy 2 $7.50 call
Sell 2 $10 call
Sell 3 $5 put
Exp 1/19/24
Capital required: $1450
