PENN Entertainment Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PENN Entertainment prior to the earnings report this week,
I would consider purchasing the $25.50 strike price Calls with
an expiration date of 2023-8-11,
for a premium of approximately $0.90.
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.
Optiontrading
Analyzing the options chain and the chart patterns of PENN EnterAnalyzing the options chain and the chart patterns of UPS United Parcel Service prior to the earnings report this week,
I would consider purchasing the $42.50 strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $0.37.
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.
Trade Execution Setup Aug 4I have possibly captured all inputs for the trades taken. Please feel free to comment for any clarifications/suggestions.
1 & 2 in chart indicates 2 trading opportunities with their analysis.
Trade Opportunity 1 -
The market gap-up happened. so as per the trade plan, I was looking to short at the marked levels in the Trade Plan, but as there was no entry signal as per my trade setup, I ignored, and waited.
Observed a beautiful price compression breakout. Entered an ATM strike price at the compression breakout, but small SL was taken as the price did not move as expected.
Waited for the next trade opportunity.
Trade Opportunity 2 -
The market showed continuous signs of fatigue which were evident through the price action in 15 min,5 min, and 75 min.
1)15 min Candles were all Hammers, Shooting stars for about 1H+.
2)75 min showed rejection at 50% Fib level of Previous swing high. 5 min TF
3) 5 min showed a triple top sort of formation.
Hence eyed a PE ATM strike and entered a quick scalp based on 1 min Price compression/Triangle pattern breakout, 1:1.5 RR.
So was able to end the day at 5% ROI.
TTE TotalEnergies SE Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PTTE TotalEnergies SE prior to the earnings report this week,
I would consider purchasing the 60usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $1.80.
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.
UBER Technologies Options Ahead of EarningsIf you haven`t sold UBER here:
or reentered here:
Then analyzing the options chain and the chart patterns of UBER Technologies prior to the earnings report this week,
I would consider purchasing the 50usd strike price Calls with
an expiration date of 2023-8-18,
for a premium of approximately $1.66.
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.
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.
TSLA - MyMI Option Plays - July CallsThis morning's CPI numbers sent most stocks up fairly nicely this morning. TSLA being one of those in which we were looking for a support breakdown potentially if those CPI numbers were at least more than expected.
I'm happy with the CPI Numbers, if the markets are, so we are following suit with Calls going into September Fed Decision.
DPZ - MyMI Option Plays - CallsAfter announcing their partnership with UberEats and others, we had an explosive breakout this morning to $409.47 this morning, breaking above the $394.99 Level of Resistance before pulling back below and hitting the 50% Retracement Level ($378.50) before starting to retest that $394 Level.
I'm looking for a potential $419 retest at least, if not higher those $443 Levels of Resistance that never became support.
While showing a longer timeframe to show all Fib Retracement Levels that we're watching.
WIX Options Ahead of EarningsAnalyzing the options chain of WIX prior to the earnings report this week,
I would consider purchasing the 75usd strike price Puts with
an expiration date of 2023-5-19,
for a premium of approximately $1.70
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.
CRM Salesforce Options Ahead of EarningsIf you haven`t sold CRM here:
then Analyzing the options chain of CRM Salesforce prior to the earnings report this week,
I would consider purchasing the 230usd strike price Calls with
an expiration date of 2023-9-15,
for a premium of approximately $9.05
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.
AMD to $100+ by tomorrow?I'm excited for this one. All day I thought the market was gonna be bearish until I started paying more attention to AMD. retested the low and also made a ChoCH and sweep on internal liquidity. Really expecting us to blast through $100 to $101.85+ tomorrow. Loaded up on $100 calls and hopefully this plays out.
AA Alcoa Corporation Options Ahead of EarningsAnalyzing the options chain of AA Alcoa Corporation prior to the earnings report this week, I would consider purchasing
Calls with a 45usd strike price and an expiration date of 2023-5-19, 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.
I am interested to hear your thoughts on this strategy.
FAST Fastenal Company Options Ahead Of EarningsLooking at the FAST Fastenal Company options chain ahead of earnings , I would buy the $52.5 strike price In the Money Puts with
2023-8-18 expiration date for about
$3.80 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.
TIGR UP Fintech Holding Options Ahead Of EarningsIf you haven`t bought TIGR here:
Then you should know that looking at the TIGR UP Fintech Holding options chain ahead of earnings , I would buy the $3 strike price at the money Calls with
2023-4-21 expiration date for about
$0.24 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.
NKE NIKE Options Ahead Of EarningsIf you haven`t sold NKE here:
or reentered here:
Then you should know that looking at the NKE NIKE options chain ahead of earnings, I would buy the $115 strike price Puts with
2023-3-24 expiration date for about
$2.40 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.
BLK BlackRock Options Ahead of EarningsLooking at the BLK BlackRock options chain ahead of earnings, I would buy the $725 strike price Puts with
2023-1-20expiration date for about
$13.90 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.
THC Tenet Healthcare Options Ahead of EarningsLooking at the THC Tenet Healthcare options chain ahead of earnings , I would buy the $60 strike price Calls with
2023-2-17 expiration date for about
$1.10 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.
EOG Resources Options Ahead of EarningsLooking at the EOG Resources options chain ahead of earnings , I would buy the $125 strike price Calls with
2023-3-17 expiration date for about
$2.60 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.
CSCO Cisco Systems Options Ahead of EarningsAfter my last Price Target was reached:
Now looking at the CSCO Cisco Systems options chain ahead of earnings , I would buy the $45 strike price Puts with
2023-4-21 expiration date for about
$1.57 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.
BANK NIFTY ANALYSIS - 09/02/2023Buy Above - 41660
SL - 41580
Targets - 41720,41800,41920,42080
Sell Below - 41400
SL - 41480
Targets - 41320,41220,41100,40940,40860
If Market is Continuing the consolidation it's a tough day to get a profits to option buyers due to Premium Decay is More in Expiry Day
Trade Safe & Happy Trading Guys
DISH long hedged options playEveryone knows DISH Network. (Fun fact: the name is an acronym for DIgital Sky Highway.) Colorado-based Dish also does business through Sling TV and offers mobile service via Dish Wireless and prepaid service Boost Mobile, with plans to offer wireless internet and its own video streaming -- they do own Blockbuster. Dish TV has about 10 million paid subscribers.
TA-oriented investors might spot some bullish signals, like the falling wedge and double bottom, while the price has recently moved above the MA. With the recent SPX / SPY / QQQ rallying, maybe it's time to consider a company at the crossroads of tech, infrastructure, media and entertainment. However, stocks' response to the latest jobs report and less-than-stellar Big Tech earnings might also give pause.
Here's an options strategy that captures growth potential of 13% (21% annualized) while also providing downside protection of 35% -- start to lose only if DISH falls below $9.99 as of 9/15/23.
Hedged like this:
Buy 1 $15 Call
Sell 1 $17.50 Call
Sell 2 $10 Puts
All expiring 9/15/23
Capital requirement: $1998
ADP Automatic Data Processing Options Ahead of EarningsLooking at the ADP Automatic Data Processing options chain ahead of earnings , I would buy the $240 strike price Puts with
2023-2-17 expiration date for about
$6.55premium.
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.