Put
SPG - Short from current price to 182 SPG breaking down a upward channel & could not show upward strength recently. Also a lot of insider selling in the Retail REIT sector.
We think it will break down now & our target is $182
On the option side we are looking for Jan2017 $210 put which trading for $10
You can check our detailed analysis on SPG in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 16:45"
Trade Status: Pending
SNX - Short from 100.93 to 84.SNX is forming a head & shoulder. It has build downward momentum & also has fundamental weakness as well.
We think it will fall down to 84 level.
For the option trade we are looking for Dec $105 put which traded for $7.2
You can check our detailed analysis on SNX in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 13.45"
Trade Status: Pending
PII - Short from current label Overall bearish momentum for mid to small retailers as Big retailers like Amazon & Walmart are killing them. We think PII is a $55 stock trading at $75 & it will break down now.
Overall bearish momentum for mid to small retailers as Big retailers like Amazon & Walmart are killing them. We think PII is a $55 stock trading at $75 & it will break down now.
LULU- taking Put option on earningLULU seems scooping after a huge run & also breaking down from a rising wedge. Money-flow is strongly down in the neg-side. We think its run is over, and it will fall from here with the earning report.
On the trading side we like to take option on earnings here, we are looking for SepW1 75 put $2.07, and Oct 75 put for $3.46
You can check our updated analysis on GALE in the trading room/ Executive summery link here-
www.screencast.com
Time Span: 22:50"
Trade Status: Pending
AAPL ShortWe are Apple short. We broke out of the bullish channel into the bearish zone now. The grey lines are relative levels that match well with the fibonacci levels. We will probably come down to the 200 sma. RSI and MACD levels signaling downwards. There is a daily gap level to be filled. The bottom of that gap is a golden horizontal line that signifies the top of the first time Apple went to 100. We are bouncing down off the bollinger bands. Count the number of candles and you will realize the it is time for the stock to come down.
Quick Netflix ShortI'm seeing strong short term downwards pressure on Netflix. Target for profits is about 85ish.
There is very strong support down below 85, which indicates to me that someone with deep pockets and a long term view is aiming to keep netflix above that level. If that is the case, exiting at 85 and going long would be the best play.
50% PROFIT DAYTRADING SPY WEEKLY OPTIONSDAYTRADING THE SPY
BOUGHT SPY 217 CALL AT $1.00
SOLD AT $1.50
FOR A 50% PROFIT
RISK DISCLAIMER
Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital.
topandbottomtradesignals.net
100% PROFIT DAY TRADING THE SPY WITH WEEKLY OPTIONSSPY 218 PUT BOUGHT AT $.47
SOLD AT $.97
100% PROFIT IN 1 DAY
RISK DISCLAIMER
Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital.
topandbottomtradesignals.net
ROLLING: NDX/IUXX AUG 5TH 4350/4375 SPV TO 4400/4425Rolling up the put side yet again (I've basically rolled the thing into an "iron butterfly" (filled for a .90 credit ($90)) to defend the call side.
I generally don't like to "invert" condors (here, roll the put side beyond the call side), so I'll probably just leave the setup alone running into expiry, but keep an eye on the setup's net delta and make a decision as to whether I want to erect a separate delta hedge (in this case, most likely another short put vertical set up in a separate expiration) to protect the position from further upside and/or mitigate call side loss.
Otherwise, I'll just do my usual close out the worthless side, roll out the tested side for minimal strike improvement, and sell a put side against for a credit that exceeds the price to roll the tested side.
ZBRA- Short from 47.7 to 25.13ZBRA seems breaking down from a Macro frame Head & shoulder pattern. Today's break confirms the entry & our target is 25.13
On the option side we are looking for Aug2016- 50 put trading at $4.4
You can check our detailed analysis on ZBRA in the trading room/ Executive summery link here-
www.screencast.com
Time Span: 68:00”
Trade Suggestion Date: 5th Jul
Trade Status: Running (opened 5th Jul)
JOBS REPORT POSSIBLE SIGNIFICANT MOVE SPY STRADDLEPossible significant move up to and beyond 212.50
or a drop back to 207 support and below
SPY STRADDLE
SPY JULY 8 212 CALL @ $.15
SPY JULY 8 209 PUT @ $.30
Equal amounts invested in each
RISK DISCLAIMER
Options involve risks and are not suitable for everyone. Option trading can be speculative in nature and carry substantial risk of loss. Only invest with risk capital.
www.topandbottomtradesignals.net
KC shortUpdate on a upsloping trendline (blue) which acts as resistance
On the 5 hour chart, we should have generated a sell signal.
I still remain short via puyt spread 1x2s, as frost is no longer an issue. It appears the market is still digesting this from last week and should correct lower IMHO as physical supplies out of Brazil remain steady.
Warehouse stocks in EU and US plenty as well.
Dont get me wrong, as shown in the blue channel, even if we have a correction lower, the blue trend channel might indicate a change in trend, however the frost damage is simply not there and in order to rally, this market would need breaking news like that.... without anything of that sort coming out, I see a correction lower before making new highs.
Still, knowing coffee, I remain short with 1x2 calendar spreads, buying the downside 1 leg in one month and selling 2 lower puts in a month further back.