NVIDIA INDECISION!Right, I believe that a bullish stride on this stock is more than probable however we need to take into account the possibility of a false breakout.
We could potentially see prices rise to the upside target of 270.00 which is very achievable.
HOWEVER.
We need to also note that prices could break out of this ascending channel down to lows of 150.00 .
LET'S SEE WHAT HAPPENS NEXT, UPDATE COMING VERY SOON!
Put
ROKU WHAT HAPPENED!Alright so this stock has plummeted down to the 30.00 Region.
It's very hard to tell where prices will go in the future, I believe that if prices break out of the 40.00 Region . We could gradually see prices going to the upside target of 60.00 . Wiping out all prior highs, I also believe that it's not farfetched anticipating a short on this stock down to lows of 20.00 .
I think you should stay out of this stock for now guys! Just my two cents of course!
STAY SAFE GUYS !
INTC - Possible double top formation Option short INTC seems forming a double top formation with strong negative money flow divergence. We think it provides a nice option trading opportunity, and we would consider July $44 Puts Currently $1.30
* Trade Criteria *
Date First Found- February 28, 2018
Pattern/Why- Possible double top formation
Entry Criteria- $44 July Puts @ $1.30 (Hit March 1, 2018)
Exit Criteria- $35.57
Stop Loss Criteria- N/A
Indicator Notes- Very strong divergence in the moneyflow
Special Note- Strong Twiggs money flow divergence
Please check back for Trade updates. (Note: Trade update is little delayed here.)
AT&T SHORT!I believe that a short is on the table here for you guys who like option contracts. Profitable trade in my opinion that might just take over 2 weeks for our TP to be achieved!
Let's Go.
I would jump in on this now if I'm being quite honest down to lows of 32.50, if we get turbulence whilst prices are heading towards this region I would still hold the trade as I think the prices could plummet even lower.
Volume 27.903K
EPS: 1.49
Market Cap: 222.938B
P/E: 24.42
Div Yield: 5.515.
TP: 32.50
GOING IN FOR THE KILL WITH ''US Wall Street''We Got A Short Here Guys!
I'm going in for a short down to 24000.0/23750./23500.0
Of course, this trade is very lucrative however with the volatility on this it's worth advising you guys to seriously manage your risk.
BE CAREFUL.
TP: 24000.0/23750.0/23500.0
FIRST SOLAR INC.A Short On First Solar Inc?
I'm awaiting several things which may ultimately give me the green light.
If prices breakthrough the 62.00 Level you can expect prices to possibly break the trend line.
However
I'm waiting for a breakthrough the trend line which could then potentially wipe out prior lower lows.
I would get in when prices are approaching the trend line, with significant volume to ride the trend down to the 50.00 Level.
Sector: Energy. Renewable Energy
Volume: 2.345M
EPS: -4.14
Market Cap: 6.966B
TP: 50.00
TARGETS MET ON OIL SHORTSo this has probably been one of my really successful trades to be fair, this short on oil has proved to be very lucrative to say the very least.
My original TP on OIL was at least 68.976, however prices shot down near the 62.00 Region so this surpassed my expectation by a mile.
Also I really think that we may have a chance to buy back our shorts!
Email me at
o.traders@hotmail.com
BABA short due for 9% retracement I think BABA is going to have a pullback similar to the past patterns it has shown, by combining the averages and trend crossovers i have decided i will be short on BABA until the stock shows signs of reversal backed by technical ana. The chart is a little crowded but again was based on crossovers and averages.
How to Buy stocks using Options (Short Put)If an investor wants to buy stocks, a better way to do it is Selling Put options.
What are Put options?
A put option is an option contract giving the owner the right, but not the obligation, to sell a specified amount of an underlying security at a specified price (called Strike Price) within a specified time (called Time to Expiration). This is the opposite of a call option, which gives the holder the right to buy shares.
The investor can either buy or sell options. We will focus on selling options in this example.
Selling a Put option will obligate the investor to buy the stocks at the strike price if by expiration the current price of the stock is lower than the strike price. In this example, the investor is bullish on the stock and already wants to buy them, but would prefer to buy them at a better price. If that's the case he can sell put options and receive a premium, until he gets assigned.
Example:
Let's say TraderX would like to buy 100 stocks of AXP (American Express), right now is trading at $100.96. TraderX thinks that the $96.5 level which is the monthly S1 Pivot would be a good resistance point and would like to get long if the stocks retrace back to that price.
TraderX can sell 1 Put option (1 option contract = 100 shares) with a strike price at 96.50 with 47 days to expire for a credit of $1.05.
If the Stock doesn't go back down during the next 47 days (Days to Expiration), TraderX keeps the $1.05 premium and makes $105.00 ($1.05 x 100). If it goes down below 96.50, the option is In The Money (ITM) and will get assigned at expiration. However, TraderX will keep the $1.05 credit regardless making his effective price or cost basis $95.45.
By using Options, the investor will get the following benefits:
1. Making profits, even if the stock never gets to his price.
2. Buying low, relative to the price where the stock currently is.
3. Improve his probabilities of profit. Since the investor is receiving a credit, the trade is no longer a 50/50 shot (In essence he get's a headstart).
4. Reduce his cost basis, since he keeps the Credit received (In this example $1.05, which is over 1% lower from his original price).
5. If the option expires, the Investor can just keep selling options and getting paid until he gets assigned, or no longer wants to be bullish on the underline.
MRO Short Term BearishOn November 07, 2017 MRO had a high wick reach $16.59 before closing down for the day. I believe this to be a good resistance line for now due to that same price range (give or take a few pennies) acting as Resistance in April 2017, March 2017, February 2017, November 2016, September 2016, August 2016, and September 2015; as well as acting as Support briefly in October and November 2015. Even though the past couple of days (November 09-10, 2017) have seen green candlesticks , they have been moving down in price. I purchased a December Put, Strike 17, on 11-09-17 for $1.65 (the spread at the time of purchase was $1.62-$1.65). The Stock price at time of purchase was $15.70.
$14.12-$14.16 has been a general line of Support in August 2015, Resistance in December 2015, Support again in September through November 2016, Support in March and May 2017, and then acting as Resistance for a couple weeks in October 2017. Due to that activity I believe it possible for MRO to retrace to that area again; and because of that I have targeted that area as my sell point. I expect it to take no longer than three weeks to reach that area of Support.
If you draw lines of Support at $14.12/$14.16 and Resistance at $16.60ish I can see a channel/rolling pattern from August to November 2016 and briefly from March to April 2017. If MRO does hit my estimated Support I will wait a few days to see if once again it rises in price to repeat that pattern and becomes ripe for a "double dip," or the opportunity to enter a Bullish/Call play almost immediately after exiting a Bearish/Put play.