Put
Options data: GU, EG (10.25 expiration)Here are the current open options for EUR/GBP and GBP/USD that expire tomorrow at the 10am strike time (NYC, EST.)
GBP/USD
1.2900 $323m
1.3000 $376m
EUR/GBP
0.8500 €1.7bn
Source: Bloomberg Terminal
GE Short Setup - 1:4 Risk to Reward / RISKYGE daily chart shows weakness. I am expecting a pullback to $10.50. I can buy some puts for this. However there's no reversal signal yet. If I wait for a confirmation, the risk to reward will be less. I have decided to buy the risk.
GE SHORT TRADE SETUP
Entry: 11.39
Stop-Loss: 11.60 (0.21)
Take-Profit: 10.56 (0.83)
Risk to reward: 1:3.95
Winning probability: Less than 40%
NOTE: I am not very comfortable with the stop-loss. During the trade, i can move it up to 1:2 Risk to reward. That's why I'm not going to risk more than 1% of my account.
Disclaimer: This is not an investment or financial advice. Please do not copy my trades.
Remember to follow me.
Trade safe,
Atilla Yurtseven
Britannia will be moving down from here , Fib levels mentionedBritannia will be moving down from here , Fib levels mentioned in the chart. Expecting the price will come down to 3000, if it not reversing from 1.618 fib level then it will comfortably move to 2 and 2.2 Fib levels.
ZTS ShortBought a single put Nov 22 EXP strike was 119.
Just a quick trade, max loss is $100 max gain is $300 looks like it'll go lower to $114-115. Exit will be next Friday.
ROKU short Shorting roku to support $118 if it hold I'll get out
Max loss is $100 or if the trend breaks looks like a descending triangle.
Max gain will be $200
Nov 22 strike was 120 Put just bought 1 exit will be next week, buying on a friday is kinda dumb but maybe it'll be worth it
LRCX Earnings PlayI got a good hit on my last earnings play which I didn't post TRV so I'm going for one on this.
Put Spread $232.50/220 Cost per spread was 4.36 Holding 2 spreads. Nov 8 exp
We will see what happens. Looks like a small bearish divergence. God speed.
Parabolic Arc Trend on OKTAOKTA Put Spread 105/100 Cost was
$2.07 was the put cost. EXP Nov 15.
we'll see how it pans out looks like the pattern is breaking down.
Max gain will be 50% or $150 and max loss is the same
LABU Short oppurtunityLABU is currently in a descending channel and I don"t believe we will be breaking said channel look for a bounce of the top it is currently very overbought.
PT1=24.75
PT2=Bottom of channel
SL=36.00
SBAC Put Spread$3.99 Option Cost EXP October 18, this is a rather expensive trade I normally wouldn't pay this much for an option my general rule is $1.3-1.6 for a 3 week option per $5 width but I'll go for it since I bought it while it was into the money.
250/240 Put Spread Target is $7 profit at sale which is $300 profit at target
Max loss is $300 if it reverses.
4th Oct $123.00 Put - Option Trade 1Proctor and Gamble seriously overvalued here before earnings (22 October)
I expect a small correction before earnings.
My Play;:
2 Contracts 4th Oct $123.00 Put @1.20
EXAS Swing trade shortEXAS gapped up and sold off trying a short 106/100 put spread 6 points wide
Price was $2.28 max gain is $1.86/ $4.14
Max loss is $1.70 taking the loss in the the Oct 14-20 if it goes sour.
SPY Put SpreadSpy trade $1.5 per spread 5 points 298/293
Profit at target is $1.75/ $3.25 price of spread
Exit target loss is $112
SPY seems to be getting weaker. 2x spreads
Could continue lower. MY Gold FX trade blew up. Too bad so sad.
Support and Resistance for BN Weekly Expiry 19th SeptemberATM Price as of today on 12th September is 27990, hence ATM call is 27800.
Premium of ATM call and Put are 255 and 273 respectively.
Hence, supports and resistances are calculated based on premiums addition and subtraction.
BN most likely to stay in above range.
Follow the above idea along with prices till next expiry.
PNC DowntrendPNC may move lower putting on a spread 125/120 Exp Oct 18
$1.89 cost of spread
Max loss is $122
Max gain is $157.25-212.75
This spread may be too long of a duration if I hit target sooner I may take the lower range of my profit target.
Lets see how it pans out
FL Bearish Pennant Ok first of all no comments on the Van Gogh li,e drawing please.Its late and I’m no,good at graphs.
But I gave no doubt that FL is set up perfectly for bearish pennant with exit price price around 25-28. I will be opening 100 SEP 20 31. If you look at this strike price you will see OI of over 11000 so thinking someone know,something.
In terms of Pennant look at form and also look at massive volume drop off over last few days. Don’t know when will happen but will be before September 20
SPY Put SpreadSPY put spread 291/281
Price was $2.94 exp September 20th
Playing the news of the FED + China Tariffs
Target exit is a profit of $354
Max loss is $184
1x Spread
WCN Put SpreadWCN seems to be trending lower and lower,
Target is $85.
$133 max loss and $3.67 max gain.
Spread is 5 points 90/85 EXP October 18th
My only problem with this trade is the duration of it even though its 45 days I believe the move may take less time to happen.
Profit target is $183.5 max loss is $80
Possible loss if bullish is if the bottom holds and support stays intact while moving up toward $95.
Bearish idea is that this support will break due to sentiments in core market and it will trend down to $85 which isn't that far of a target.
UBER SEP 27 10 PUT @ .17Think going closer to 23-24 before rebounds. With losses like they have and no foreseeable way to profitability (this is a commodotized business) the current valuation is way too high. I think even at $23 the market valuation is a joke.
ILMN Breakdown Put SpreadILMN Sold off big time and fell lower, similar to ALGN
Put Spread $282.5/252.5 EXP is September 27th
30 points wide and cost was $9.13
Market continues to sell off and it could move lower to EMA 200 where it may bounce.
Exit 1 underlying price of $252.5 and max profit will be $1050 Time looks good and my preference for this move is around 45 days.
Max loss is $500 USD
Exit 2 is market rally's on some kind of news and this stock moves higher blows through 300 and just complete destroys my original plan.
