PNC The PNC Financial Services Group Options Ahead of EarningsIf you haven`t bought the dip on PNC:
Then analyzing the options chain and the chart patterns of PNC The PNC Financial Services Group prior to the earnings report this week,
I would consider purchasing the 125usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $5.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
PNC
PNC Financial Services Group Inc.: Decoding Insider MovesIn the dynamic world of finance, insider activity can often serve as a valuable indicator for investors seeking deeper insights into a company's health and potential future performance. Recently, PNC Financial Services Group Inc. ( NYSE:PNC ) caught the attention of market observers with a notable insider transaction involving Executive Vice President Guild Deborah. Let's delve into the details of this transaction and explore its implications for investors.
The Insider Transaction:
On Thursday, November 30th, EVP Guild Deborah executed a sale of 1,533 shares of PNC stock at an average price of $132.51 per share, resulting in a total transaction value of $203,137.83. Following this transaction, Guild Deborah now holds 17,092 shares of NYSE:PNC stock, with an estimated value of approximately $2,264,860.92. The details of this sale were disclosed in a filing with the Securities & Exchange Commission (SEC).
Analyzing the Numbers:
The sale of shares by an executive insider raises several questions for investors. While it's essential to note that insider selling is not uncommon and may have various reasons, the timing and context of such transactions can offer valuable insights. In this case, the sale occurred at an average price of $132.51, prompting investors to assess whether Guild Deborah's decision to part with shares reflects a lack of confidence in the company's future prospects or is merely part of a broader financial strategy.
Key Considerations:
1. Magnitude of Sale: The relatively modest percentage of NYSE:PNC stock (0.39%) owned by company insiders suggests that this particular transaction, while noteworthy, may not be a significant factor in determining the overall sentiment toward the company.
2. Contextual Analysis: Investors should consider the broader market conditions, industry trends, and the company's recent financial performance to gain a comprehensive understanding of the motives behind the insider sale.
3. Historical Patterns: Examining historical insider trading patterns within NYSE:PNC , especially by Guild Deborah, can provide additional context. If this sale deviates from established patterns, it could signal a shift in the executive's outlook.
Conclusion:
In conclusion, insider activity within NYSE:PNC Financial Services Group Inc. demands careful consideration from investors. While EVP Guild Deborah's recent sale of shares is a notable event, it is crucial to interpret it within the broader context of the company's performance and the prevailing market conditions.
PNC The PNC Financial Services Group Options Ahead of EarningsIf you haven`t bought PNC here:
Then analyzing the options chain and the chart patterns of PNC The PNC Financial Services Group prior to the earnings report this week,
I would consider purchasing the 120usd strike price Puts with
an expiration date of 2024-3-15,
for a premium of approximately $8.75.
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.
PNC The PNC Financial Services Group Options Ahead Of EarningsLooking at the PNC The PNC Financial Services Group options chain ahead of earnings , I would buy the HKEX:130 strike price Calls with
2023-6-16 expiration date for about
$4.80 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.
💾 PNC Financial Services Group Looks Very Bad | Crash AheadIt is a repeat, the same over and over... Some banks are doing better than others which is expected yet PNC isn't part of the better group, this one looks pretty bad.
The previous bank had no volume on the drop, here we have high volume... Let me show you!
PNC Weekly:
✔️ PNC broke below EMA300 this week.
✔️ Bear volume has been increasing since Oct. 2021 and it keeps on going higher.
✔️ The MACD looks really bad and the RSI as well.
The crash is already pretty advanced but it can go much lower.
✔️ The monthly chart reveals the true story... It seems we are looking at the worst crash in 15 years.
The bear market should go fast in comparison with the bull market.
Ever since the Federal Reserved was established bear markets became short in duration and bull markets long, because troubled institutions could easily access credit once the central bank was established.
Before the Federal Reserve it was the opposite, bear markets were really long and bull markets short.
Everything has its positive and negative aspects.
I am getting tired of these... Not sure if I will make it to write the TOP10.
Namaste.
Financial giant $PNC could follow the leader $SIVBWhenever I miss the chance to buy a breakout of a leading stock, I look for other stocks in the same industry. As my personal account is still too small to buy a stock like SIVB , I've been watching PNC to buy when it breakouts from its large base. This strategy has helped me to capitalize industry moves. A good example was when I missed TBK but bougtht CASH . Normally good stocks follow the leading stocks.
The earnings report missed estimates making the stock to gap down but had a higher close, this move could be the handle of the "cup & handle pattern" that has been making since May. I'll wait for the breakout to take a position.
The breakout pivot point is at $205, with a 2:1 risk/reward ratio my stop loss is at $196.55 with a target sell at $224.15. NYSE:PNC has a IBD RS of 84 with a rank #10 in its Industry Group.
Sometimes I like to check the options market of the stock. The option with highest volume and open interest is a CALL option with a 23.61% implied volatility. That means that the market is expecting an upside move of at least +1.50% on Monday, and a +3.40% move in the next 5 days. Next week is key.
PNC Linear Regression0.94 Pearsons R value, Linear regression strong uptrend. Various chart patterns identified including, two bump and run tops, a double top, and currently forming an ascending triangle with a possible bullish breakout as a result. PNC is currently trading within a strong upward channel.
PNC Support and Resistance PlayPNC may be rebounding a bit for a pullback to 135
Put spread 140/135 Price was $1.92, Spread 5 points.
Max loss will be twice the profit.
$1.54 will be max profit for a total of $3.46 in the spread.
Max loss is 75% of total price of spread. Which may be taken at 75% of duration of option if the play is wrong so October 14-20. If the play turns out to be wrong and continues higher.
Max loss is $144