Get started

Put

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.
FShort
by mrmaximo74
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.
NYSE:GELong
by mrmaximo74
$SPY $SPX $ES1! Another ATH this year - earnings season strong!I reviewed my previous SPY analysis and made a few crucial mistakes. Do not follow my previous spx, spy ideas. I spent more time studying the charts, the VIX and the products inside S&P 500. I'm expecting another all time high this year before a larger correction. Here is the chart and targets I'm quite confident with and will be playing. Follow along for updates. I'm expecting the correction to start end of Nov or early Dec. I'm betting on 26-29 November. Good luck! PS. If you see my other SPY, SPX, ES Analysis on Trading View. Ignore it. I've closed older ideas.
AMEX:SPY
by starman01
1
PANIC - AMD Initiates Fibonacci Retracement Phase 2AMD -7.03% has formed a sharp downward triangle on the 1h chart (looks like the beginning of a Gartley). Lots of sell strength, only people buying are the ones who missed the pump and think they are buying the dip - BIG MISTAKE. Proof? Check out the Accumulation/Distribution , and you will find the beginning of a new peak, a new era if you will... AMD -7.03% historically initiates a pump and dump ritual every decade or so. What is interesting this go around is that AMD -7.03% did not make it quite as high, which in my opinion is a good thing for the stock overall (shows that people's expectations for AMD -7.03% , although overblown, are factoring in irrational exuberance). If this thing follows the historical trend (confirmation bias has a tendency to instantiate the past) we could go down as much as half value from here, to around $15. I would like to see AMD -7.03% stabilize around the $20 mark, which would be a first for the stock, and a very healthy sign long-term.
NASDAQ:AMDShort
by Derivati_Capital