Big correction in #EVH you will see some great option put plays from me.
Smooth RSI is extreme oversold, and the IVR is ultra high. Obvious bounceback play. Max profit: $240 Probability of Profit: 57% Profit Target relative to my Buying Power: 47% Max loss with my risk management: ~$200 Req. Buy Power: $510 (max loss without management at expiry, no way to let this happen!) Tasty IVR: 88 (ultra high) Expiry: 35 days Buy 3...
(1) Futures Technical Analysis Bullish triangle with RSI breakout. Enought space for bullish move. s3.tradingview.com (2) SOYB trust fund I've skipped the futures instrument, because I'm not like options on futures. My choice for Soybean play is $SOYB with relative high IVR value. Optimal for Short Put Vertical strategy, similar TA here, with RSI...
TESLA smooth RSI confirms the breakout, well defined loss level. Max profit: $165 Probability of Profit: 60% Profit Target relative to my CAP: 46% Max loss with my risk management: ~$100 Req. Buy Power: $355 (max loss without management at expiry, no way to let this happen!) Tasty IVR: 16 (relative low) Expiry: 51 days Buy 1 TSLA May21' 595...
Look at that volume in uptrend! Max profit: ......................................................... $113 Probability of Profit: .............................................66% Profit Target relative to my Buying Power: ......30% Max loss with my risk management: ...................~ $100 Buy Power: $387 (max loss without management at expiry, no way to...
Another lazy trade for today, just an event play. Very risky to holding neutral positions in uptrend, so literally just for a few days on table. Event plays are usually a "trade and pray" strategy, so I'm not preferring (TastyTrader Bob and Tom like it, but I've sucked many times width them) In current case I've decided to take the risk. (1) MurreyMath...
Quick trade for monday on $ABBV Breakout formation 1) Swing Pivot Last swing pivot breaked at 109$ 2) RSI in the middle zone Many space up and down too. 3) Squeeze indicator On my squeeze indicator "prepare for storm" sign. This in dicator I'm using for predicting any significant move in near future. See examples in the past. CONCLUSION ...
Hey y'all, I have been looking at gold prices and if we can get back above $1960/oz we should keep running up to $2000+/Oz. If this happens have your eyes on NGD, I have options in this company for $3 strike may 21. They are extremely cheap and We could see 100% gain on these contracts or higher. Gold Is looking amazing for the 2021 year and multiple analysts have...
Trade Idea: - Buy the stock for long term investment - Buy Call Oct 16 strike 230
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AAPL 21-Jun-19 Short Iron Condor 30-Day IV: 30.0 -2.2 IV Pct Rank: 73% Elevated Long 1 Call: 200 Strike @ $0.43 Short 1 Call: 195 Strike @ $0.92 Long 1 Put: 160 Strike @ $1.12 Short 1 Put: 165 Strike @ $1.74 Credit: $1.11 AAPL 21-Jun-19 Open Interest Last 30 Days | Puts: 50% | Calls: 50%
EMA and recent gap down confirms trend turn to bearish note. Expect Oct expiry would below 640.
High 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
Extremely high IVR here in this little over-hyped stock, so I'm using a jade lizard. This trade helps sell some juiced IV, but caps your upside (even allows you to profit from the upside as well) in case the craziness continues. -1 Oct18 29/34/36 Jade lizard for $2.24 cr. Risk: 2x cr rec (downside risk); No risk to upside Profit: 50% cr rec
Very high risk (0d exp) bearish credit spread on SPY . With SPY pushing a new LoD, I like the probability of a red, or extremely red close. Entry 290.76 Break even 290.79 Max profit 290.5 0.76:1 risk/reward
New bullish credit spread on XLU . Opened and moved above the $53 mark this morning. Looking for a higher low and mid 52s to confirm as support early this week. Entry 53.05 Break even 53.21 Max profit 53.50 0.78:1 risk/reward
XLI is popping up here for high IV, going to take advantage of it. -1 Oct19 76/78 Strangle for $2.49 cr Risk: 2x cr received Profit: 50% of max profit Breakevens: $73.51 and $80.49