S SentinelOne Options Ahead Of EarningsLooking at the S SentinelOne options chain ahead of earnings , i would buy the $19 strike price Calls with
2023-3-17 expiration date for about
$1.40 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.
Put
PANW Palo Alto Networks Options Ahead of EarningsLooking at the PANW Palo Alto Networks options chain ahead of earnings , i would buy the $160 strike price in the money Calls with
2022-11-18 expiration date for about
$7.70 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.
BA (Boeing) Trade IdeaHello guys,
Its been a long time, but I'm here to share a possible PUT (Short) idea for BA.
I'm looking at the 4HR time frame for this. Looks like this is in the oversold territory. (RSI: 74).
Looking at the chart, the next support seems to be the long term gap fill which is at around $161.
* Price Target : $161
* Stop Loss : Break > $172.27
If you're getting Puts, I'd prefer $165 put expiring in December.
$160 spread is also a good idea to get here. (Expiring December as well.).
Feel free to share your trade ideas in the comments below.
Do your own research before you trade. I'm not a financial advisor. Good luck!
PCC Ratio is looking BullishI have an alert for when the 10-day moving average falls below .8. The PCC spends most of its time between.8 and 1 when the 10 moving average falls below .8 you can count on a bearish reversal in the market. As of right now, we are above that with plenty of room. The reason why I bring this up now is that if we mid-term rally I'm looking for a strong bull push followed by a reversal before we trend. Setting an alert on the PCC for .8 and 1 crossovers will keep you on the right side of the market.
UPS United Parcel Service Options Ahead of EarningsMy recent experience with those global package delivery companies was extremely painful. The have raised their prices a lot, on some occasions you pay the same price to send something to another country than taking the trip yourself and deliver that package in person.
So i have tried to avoid UPS, like many of you, and go for smaller unknown companies. I think this attitude will reflect in the upcoming earnings.
Looking at the UPS United Parcel Services options chain, i would buy the $160 strike price Puts with
2022-11-4 expiration date for about
$4.85 premium.
Looking forward to read your opinion about it.
A pattern to PUT during weak marketI try to research and develop some pattern when the market is weak:
In this case I try 3 patterns below:
var int cnt_out_up = 0
Pattern #1: Big drop
wma_11 = ta.wma(close, 11)
wma11 = request.security(symbol=syminfo.tickerid, timeframe="13", expression=wma_11, lookahead=barmerge.lookahead_on)
wma_48 = ta.wma(close, 48)
wma48 = request.security(symbol=syminfo.tickerid, timeframe="13", expression=wma_48, lookahead=barmerge.lookahead_on)
rsi = ta.rsi(close, 9)
bigdrop = rsi + 8 < rsi and close > wma48
if bigdrop
cnt_out_up := cnt_out_up + 1
Pattern #2
var int cnt_put = 0
gain1 = math.abs(close-close )
gain2 = math.abs(close -close )
pattern_put = close >close and close >close and high<=high and close <= close and (gain1-gain2)/gain2 <= -0.5 or ((high-low)-(high-close)) / (high-low) < 0.25 and wma11 close and ochl < 0.1 and (low < low and low < low )
If pattern #1, #2 and #3 occur then I set a PUT trigger.
Try this one and enjoy!
SP500 Weekly Forecast Analysis 3-7 Oct 2022 SP500 Weekly Forecast Analysis 3-7 Oct 2022
We can see that currently the volatility is around 4.38% for this week, decrising from the 4.58% from the last week.
Currently there is around 24.3% that the asset is going to close either above or below the channel:
TOP 3757
BOT 3430
The current volatility percentile is around 89th, placing us in a very risking and volatility week.
And in this situations in general the market moves:
AVG weekly bull candle = 2.5%
AVG weekly bear candle = 2.76%
With this mind, from the opening price it would situate us around
TOP 3684
BOT 3492
At the same time, due to the nature of the opening price, making this weekly candle a bullish candle, there is currently a
38% that we will break the ath of previous weekly candle of 3750 and there is a 66% that we will touch the low of previous candle
which is 3570.
From the technical analysis point of view:
The majority of moving averages ranging from 10 to 200, are currently around 66.6%% agreement that the market is in a short trend ( the current price is below those moving averages)
At the same time if we are looking at the candle type since the beginning of the year, we can see that 59% of them were bearish, solidificating the bearish trend.
News that can affect the price of this asset this week:
- Monday 3 October : ISM PMI
- Tuesday 4 October : JOLT Job
- Wednesday 5 October : ADP and ISM release
- Thursday 6 October : Initial Jobless Claims and ECB Report
- Friday 7 October: Nonfarm Payrolls
Russel 2000 Weekly Volatility Forecast 26-30 September Russel 2000 Weekly Volatility Forecast 26-30 September
Currently our volatility for Russel is at 4.3%, increasing from 3.76% last week, located on 70th percentile, placing us in a high volatility environment
Based on the previous calculations, there is currently a 16.7% chance that the asset is going to break the channel(the weekly candle it will close above/below)
TOP 1746
BOT 1620
At the same time, based on the previous calculations:
- There is a 28% chance that the previous high from last week of 1830 is going to be touched
- There is a 70% chance that the previous low from last week 1660 is going to be touched
We can deduct that we have a much higher probability to have a continuation of bearish candle than bullish.
On average the weekly candle when the asset was located around this percentile are 2.9% for bull candles and 2.95% for the bear candles from the opening price.
From the fundamental point of view, news that can affect this asset price this week:
- Core Durable release, CB Consumer confidence and Powell Speech for Tuesday 27 Sep
- Powell Speech for Wednesday 28 Sep
- US GDP and Jobless Claims coming on Thursday 29 Sep
- Core PCE on Friday 29 Sep
Overall I believe for this week there is higher chance due to the overall global activity to have another bearish weekly candle.
Nasdaq Weekly Volatility Forecast 26-30 September Nasdaq Weekly Volatility Forecast 26-30 September
Currently our volatility for Nasdaq is at 4.55%, increasing from 4.03% last week, located on 80th percentile, placing us in a high volatility environment
Based on the previous calculations, there is currently a 15.3% chance that the asset is going to break the channel(the weekly candle it will close above/below)
TOP 11820
BOT 10905
At the same time, based on the previous calculations:
- There is a 35% chance that the previous high from last week of 12140 is going to be touched
- There is a 65%chance that the previous low from last week 11215 is going to be touched
We can deduct that we have a much higher probability to have a continuation of bearish candle than bullish.
On average the weekly candle when the asset was located around this percentile are 3.13% for bull candles and 366% for the bear candles from the opening price.
From the fundamental point of view, news that can affect this asset price this week:
- Core Durable release, CB Consumer confidence and Powell Speech for Tuesday 27 Sep
- Powell Speech for Wednesday 28 Sep
- US GDP and Jobless Claims coming on Thursday 29 Sep
- Core PCE on Friday 29 Sep
Overall I believe for this week there is higher chance due to the overall global activity to have another bearish weekly candle.
SP500 Weekly Volatility Forecast 26-30 September SP500 Weekly Volatility Forecast 26-30 September
Currently our volatility coming from volatility token for SPX is at 4.15%, increasing from 3.41% last week, located on 80th percentile, placing us in a high volatility environment
Based on the previous calculations, there is currently a 10% chance that the asset is going to break the channel(the weekly candle it will close above/below)
TOP 3831
BOT 3578
At the same time, based on the previous calculations:
- There is a 35% chance that the previous high from last week of 3933is going to be touched
- There is a 65%chance that the previous low from last week of 3660 is going to be touched
We can deduct that we have a much higher probability to have a continuation of bearish candle than bullish.
On average the weekly candle when the asset was located around this percentile are 2.51% for bull candles and 2.76% for the bear candles from the opening price.
From the fundamental point of view, news that can affect this asset price this week:
- Core Durable release, CB Consumer confidence and Powell Speech for Tuesday 27 Sep
- Powell Speech for Wednesday 28 Sep
- US GDP and Jobless Claims coming on Thursday 29 Sep
- Core PCE on Friday 29 Sep
Overall I believe for this week there is higher chance due to the overall global activity to have another bearish weekly candle.
XAUUSD D1 - Short Signals following $1700/oz breachXAUUSD D1
This is a little way away don't get me wrong, but keen to follow this if the dollar continues to perform the way it has been and the way we expect it to going forward.
A simple break of support and retest of the underside is when we are looking to get involved here.
META day trade and monthly swing idea - jtgladiatorNASDAQ:META
META is looking weak at these level. Its setup for a really great monthly swing.
Lets watch the price action and see what happens.
Here are my levels:
For the day traders/weekly player:
170c > 163.05 Confirm hold above this level before taking calls.
Grab puts 160p on the rejection of this level.
155p < 159.17 PT is 155.23.
If this level holds and there is a bounce, then grab the 160c.
For monthly swing play:
The swing entry for this is 155.23 with a PT of 137. I am hoping this stays an inside candle for the next two days.
be prepared for the reversal to grab calls...but I think this is put city.
Let me know what you think in the comments
AAPL Put/Short Swing Idea - jtgladiatorNASDAQ:AAPL
Hey fam,
The AAPL swing idea is pretty straight forward. There was a decent reversal off 176.15
We had the inside candle on thursday followed by the big red candle down on Friday.
Looking at the weekly we have a very long wick on the shooter.
I am looking for a break below and hold of 171.31 to grab a 170p for 8/26 or 165p for 9/2 or later.
The price action is pushing us down. Look for price aggregation to potentially reverse off this level. If it does, grab calls.
Calls
175c > 173.74 or puts if it "rejects"
Puts
170p or 165p < 171.31 - calls on the reversal
My live chart
www.tradingview.com