Put
TWTR likes to fallnotice the 2 black channels , one going across , plenty room to drop , ,
the other down trend black channel also has room for it to drop more !
there is that one gap down there that has not filled
its below the channel and other gap that has filled
2 week out Put 31 put , 100 % to 200 % gain or stop loss 50%
Dividend Capture Strategy for easy cash flowDividend Capture strategy for easy cash flow on XOM
Exxon Mobil pays .82 per share quarterly and the ex-dividend date is this Friday (2/8/2019) the dividend pay date is on 3/11/19. So yearly Will get $3.28 (.82x4)for a dividend yield of 4.4% not bad.
But by selling the ATM Put for $1.02 I will increase the premium plus dividend paid for the year to $4.30 and increase the yield to 5.77%. That alone is an improvement of 31%.
If I don't get assigned I get to keep the premium and make over $500 in a couple of days and if I do get assigned then I will sell some calls to keep reducing my basis and improve my yield even more.
The Trade: XOM
Sold 5 ATM Puts @ 74.5 for $1.02
4 days to expiration
XSP Options short, Long putI'm conscious of how price has behaved around the highlighted pivot zone. This could be a good spot for strong rejection.
Momentum
indicators are showing a loss of momentum on low time-frames, and we have failed to break resistance for a couple of days.
Volume
We are now seeing a pronounced drop of buy volume visible on the daily and hourly charts which could indicate trend exhaustion is possible.
Time analysis: TD sequential on a green 7, unlikely to complete a full cycle, which could mean a slow and steady breakdown rather than a rapid selloff. This could mean
Momentum: MACD histogram is negative. RSI is constantly posting lower highs, and lower lows
overall sentiment on trend on lower timeframes is uncertain (previously bullish) and on longer timeframes remains bearish.
Short AMDI see a retest of 19.18 on the fib chart. The bottom bollinger band is showing 19.59 on the one hour chart. Right now, the bollinger bands are separating giving us a sign that it could drop. With the markets with high volitily, and the FED speaking Wednesday I would be careful how you play this one.
1. Target 19.59
FIT Put PossibilitiesTRADE TIMELINE 12/10 - 12/14
12/08 - POSSIBLE OPTION PLAY heavy watch
FIT 12/14 4.50 PUT dip buy 0.02 (0.04)
IV 74.38% Volume 384 Open Interest 333
----->"Throw a couple bucks at it" purely gamble play
This optionable stock moves like dry grass wildfires....
Why this play?
NOTE - Everything below the green diagonal boxed line is profit.
MACD - This indicator is opening south after a prior rejection
NEWS - Of course, sell the news, buy the rumors...and this case may be no less different, it will be a gamble play
RSI - hovering but moving south, indicating to me that this stock is not done selling off
EFI - Very stale movement, almost horizontal; not where this indicator wants to be
EMA - These 10 and 20 day EMAs have been rejected in the past, hard! (Sept 19-21) This pattern from the past tells me that history will repeat itself, especially since FITBIT has been trying hard to stay relevent and has been unable to do so (technology, competition, other brands establishing their footing in this space).
*Let's see what happens*
DISCLAIMER - I am not a professional trader. These are merely my thoughts and possible moves; i enjoy watching these stocks validate my process or slap me across the face lol. If you are in need of professional assistance with your trades, don't look here. I am not that guy.
BAC i missed this put opportunity!!TRADE TIMELINE 12/01 - 12/14
I wanted to share this missed put play i charted. it was on my radar, i simply was looking elsewhere. Time to find another one.
12/01 POSSIBLE OPTION PLAY
BAC 12/14 26.50 PUT 0.12
IV 32.58% Volume 41 Open Interest 726
The market is giving away put money, and won't stop....
At the time of this publishing, 12/11/2018 2:55PM, this option is now worth 1.92 !!!!!
As we all know, $0.12 = $12.00 and $1.92 = $192
GE No Floor in SightTrade Timeframe - 12/10 - Jan 04
12/7 - POTENTIAL OPTIONS PLAY
GE 01/04 $6.00 PUT dip buy $0.06 ($0.15)
IV 71.58% Volume 99 Open Interest 202
Why?
Regarding the dip buy - There is opportunity to get this option at a discount due to mid-day movement and slight optimism as we saw nov 28 - dec 3, but then the option fell back into profit PUT levels. Idea is to "set it and forget it" for the dip buy. $6.45 is the next realistic floor. News also is negative in general.
MACD - Already crested north in the last several days, and is now on the verge to move south
EFI - Momentum has shifted dramatically, and its movement is turning south, showing pessimism
RSI - Although this is an oversold stock, there is nothing in the near future to hold up the RSI
EMA - There is nothing that shows a reversal, and resulting Volume is consistently in "Sell" mode
*Let's see what happens!*
*DISCLAIMER* - I am not a professional trader or stock broker. These are merely my thoughts typed out. If you need professional help with your trades, look elsewhere, not here. Good luck and happy trading.
$ICC Put limit order placed. #ichimokukinkohyo #timetheory $ICC looks bearish here looking at the 1D and 240m time frames. PUT order placed. See chart for details.
FIT and seemingly woes to come11/13 - POSSIBLE PLAY
FIT 11/16 $5.50 PUT 0.11 IV 87.61%
Volume 434 Open Interest 1,627
Add to this the lawsuit, may help push the PUT along
AAPL your turn to fumble??11/13 POSSIBLE PLAY
AAPL 11/16 $175.00 PUT 0.13 IV 53.41%
*what's scary is the 200EMA is lurking just below*
however grim news out of Japan RE: AAPL may play here and drive the option to a whole nuther level south!!
*Let's see what happens*
*DISCLAIMER - I am not a professional trader. I do this playing around with my own money. Seek professional brokerage help for all your needs.*
Potential 10% drop in RDS.ALast 2 weekly forecasts were reached. Now a drop in price is suggested on the monthly. Option pricing isn't great based on the suggested duration and leaves a small margin for error. Could be a play to buy puts if earnings estimates miss tomorrow.
Bullish Trade of the Week Part Two EA credit spreadWell the Big Hands knew we were looking to get into SO this week so they took the market down and kept Utilities strong...I take full responsibility for this !! ;) ;)
No matter EA IVR % just posted 100 and the new Call of Duty will be in full swing come XMAS time 72d 100/95 p cr spread looking for 1.40
Tasty stats 65% POP 82% P50 theta .50 with a delta of 9.32
Bullish Trade of the Week selling put SNAPIf Pandora was a good candidate for a buyout then SNAP surely can be scooped by the big dogs in the Tech space . Selling a Dec21 6 put for .60 Tasty stats POP 57% P50 70% theta .48 Willing to take the shares at this price and sell calls against especially with current IVR at 91%