PEL is Bearish in my Opinion it can come up PEL is Bearish in my Opinion it can come up for short term but long term view is negative untill breaks 1147 high then it will reverse.
Put
TSLA looks extended here. Buy Apr $190 PutTSLA has been the darling of the recent rally and is up over 100% from its lows. Looks overextended here and is finally breaking down. Going long the April $190 put.
CVS Health Corporation Options Ahead of EarningsLooking at the CVS Health Corporation options chain ahead of earnings , I would buy the $87.5 strike price Calls with
2023-2-17 expiration date for about
$1.2 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
CVX Chevron Corporation Options Ahead of Earnings If you haven`t bought CVX Chevron Corporation here:
Then looking at the CVX Chevron Corporation options chain ahead of earnings , I would buy the $180 strike price Puts with
2023-1-27 expiration date for about
$2.47 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
PUT CALL SIGNALS 20DAY/10DAY Chart posted is that of the 20 day and 10 day put call signal we are reaching a level to be net long PUTS and SHORTING
REGN Regeneron Pharmaceuticals Options Ahead of EarningsLooking at the REGN Regeneron Pharmaceuticals options chain ahead of earnings , I would buy the $730 strike price Puts with
2023-2-17 expiration date for about
$16.53 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
ENPH - MyMI Option PlaysAfter watching the $203 Dip this morning, we purchased some PUTs for the stock as we expect to retest those levels and lower after losing support around the $211 Price Level.
We're looking for this to head to $188 over the coming weeks based on the loss in momentum alongside losing support.
Looking for very strong support at the $179.12 for those interested in gathering profits to the downside to get into this long-term.
ISRG - MyMI Option PlaysSaw some worse-than-expected Quarterly Results and we were already looking at some Potential PUTs on the stock.
We're looking at a potential $225 Price Target which we actually saw those price levels into today's premarket. We expect to see even lower price levels than $219 on a Double Oversold Bounce to the downside on the lower timeframes just due to the momentum to the downside. Could see some potential 100% gains intraday even, so will buy a few and then sell one to take the initial investment back and look at holding shares on the turnaround at the bottom.
Will add lower time frame charts in comments on the trade!
Thanks for tuning in!
MyMI Wallet
BBBY long $3 April 23 PutBBBY is going to go bankrupt. Im long the $3 put in expectation that the stock goes to $0.
DAL Delta Air Lines Options Ahead of EarningsIf you haven`t bought DAL at my last call:
then you should know that looking at the DAL Delta Air Lines options chain ahead of earnings, I would buy the $35 strike price in the money Calls with
2023-1-20 expiration date for about
$1.79 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
NFLXNetflix could be coming up on a short soon.. there may be more steam ahead all the way to near 340 even though so watch out.
Formation for wedge is still in play and support came in around 280's.
AMZN - Open Short Put $75 (Jan 27 `23) *High IV enviroment
*neutral bias
*two resistence levels $86 and $81
*Credit ($1,06) and 42 "DTE"
2023 New Year Short Opportunity - $WMTGoing into the new year, I am watching NYSE:WMT for a short/take profit opportunity.
Walmart tested and closed below the all-time high of 2020 ($153.66) for the year, showing signs of falling in 2023!
CALM Cal-Maine Foods Options Ahead Of EarningsAfter the last price target was reached:
Now looking at the CALM Cal-Maine Foods options chain ahead of earnings , i would buy the $60 strike price Calls with
2023-1-20 expiration date for about
$5.70 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
SPY DowntrendThe Hazel Heritage Screener alerted me that this week was going to be a bearish one.
Last week we saw AMEX:SPY reach the untested pivot high of $411.73, which you can see from the solid red lines almost every time we reach a pivot high that has not been tested yet, there is resistance.
In addition to that, SPY bounced perfectly off of the top of the downtrend that was started at the beginning of the year (dashed line).
The last time we saw a combination of those two factors was the week of August 15th and it ended up having a significant drop afterwards.
The Hazel Heritage screener shows me all the symbols in my watchlist which had that same combination happen last week and there you will see SPY, along with GOOGL, SHOP , & NASDAQ:META
So with all that being said, I was bearish on SPY this week, anticipating a continuation of the downtrend for the year
Nifty crash is not far away now.NSE:NIFTY
very high chance of this happening. Many temporary reasons have passed away to keep the market in a bull run, but the bears have a lot to ride down the market.
we cannot ignore the recession and lockdowns.
EWZ Short Put - $25 (Jan 20th)*EWZ trades in a range with support level at $25,5
*open -P $25 (Jan 20th) at bearish candle
*neutral
*Credit (0,77$)
PUMA DOWN? (delisted from main index DAX / DEU40 today)The stock was delisted from the main german stock index DAX (DEU40 / GER40), taking effect on Dec 19, 2022.
I will sell the stock if the candle CLOSES below the down trend line on daily basis, using a (european) knock out certificate. It's a kind of short selling in the US.
On Friday 16, the volume got extremely high which let me think of an exhaustion of the bulls.
THIS IS NOT A TRADING ADVISE! DON'T TRADE IT. IT'S JUST AN IDEA WHAT COULD HAPPEN. ALWAYS MAKE YOUR OWN DECISIONS! YOU ARE SOLELY RESPONSABLE FOR YOUR DECISIONS.
DOCU DocuSign to test its last supportIf you haven`t shorted DOCU DocuSign, Inc. here:
Then looking at the DOCU DocuSign options chain, i would buy the $45 strike price Puts with
2022-11-18 expiration date for about
$3.90 premium.
Yes, i think it can test its last support this year.
Looking forward to read your opinion about it.
AMZN - Short Put ($80) (Neutral/Bullish)NASDAQ:AMZN
Short Put $80 (30 DEC)
*High IV
*AMZN at downtrend, next support level at $86
Credit: $0,91
ORCL Oracle Corporation Options Ahead Of EarningsIf you haven`t bought the last breakout before the earnings:
Then you should know that looking at the ORCL Oracle Corporation options chain ahead of earnings, i would buy the $78 strike price Puts with
2022-12-30 expiration date for about
$2.49 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
NFLXNot an ideal set up here for a long, looks good af to short though..
Will do that here and labeled fib levels which could offer support.
Rising wedge in the works here and 300 looks at least to be tested soon.. possibly below that if the formation breaks down.
