Get started

Putoption

SPY does a rising wedge suggest a reversal? SHORTSPY on a 30 minute chart shows a rising wedge over the past week. Price is now under a nearly flat upper trendline of resistance while the support trendline is rising. The dual TF RSI indicator shows strength about 70 while the zero lag MACD shows a K /D line cross. Because of this I believe, SPY may retrace to 468 or the level of the Fib 0.5. Since SPY is a high volume high liquidity slow spread instrument I see a buying a put option or s short swing trade short on the shares as strong consideration for the next trading day if the breakdown is confirmed.
SShort
by AwesomeAvani
2
SMCI Super Micro Computer Options Ahead of EarningsIf you haven`t bought SMCI ahead of the previous earnings: Then analyzing the options chain and the chart patterns of SMCI Super Micro Computer prior to the earnings report this week, I would consider purchasing the 480usd strike price Calls with an expiration date of 2024-3-1, for a premium of approximately $42.90. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NASDAQ:SMCILong
by TopgOptions
In-Depth Analysis of Nifty Market Trends and Future PredictionsMarket Analysis Overview: In this comprehensive analysis, we delve into various indicators and market dynamics to provide insights into the current and future state of the Nifty market. By examining key factors such as Dow Zone, SJX Nifty, trading volumes, option chain data, and the behavior of different market participants, we aim to uncover potential trends and opportunities for traders. Key Points: Market Trends and Predictions: Anticipation of a decline in the Dow Zone and SJX Nifty signals a cautious market sentiment. Significant shopping activities, totaling Rs 1834 crore, indicate investor interest, but underlying secrets within this data require closer examination. Heavy call writing observed at the 22300, 22400 level, while substantial put writing at the 22300, 22000 level suggests a range-bound market. PCR ratio of 1.15 and India VIX indicate mixed sentiment, with potential for both upside and downside movements. Nifty's side suggests volatility, with the market oscillating between positive and negative territory. Current Market Position: Nifty market is currently trending at 22301, with a pivot level identified at 22376. Buy reversal level stands at 22355.8, while the sell reversal level is at 22392. Breakout level to watch for is at 22418, whereas the breakdown level is at 22337. Potential Targets: Lower side targets are identified at 22316 or 22307, offering potential support levels. Upper side targets stand at 22432 or 22440, indicating potential resistance levels. Trading Strategy: Based on the provided levels and targets, traders can formulate their strategies as follows: Long positions can be considered near the buy reversal level (22355.8) with targets at 22432 or 22440. Short positions may be initiated close to the sell reversal level (22392) with targets at 22316 or 22307. Traders should closely monitor breakout and breakdown levels (22418 and 22337, respectively) for potential trend confirmation and adjust their positions accordingly. Continuous testing and confirmation of support levels crucial for sustaining positive momentum. Market's ability to maintain above key levels essential for retesting lifetime highs and avoiding breakdowns. Expiry Dynamics: With Nifty expiry approaching, attention shifts to identifying key levels and zones. Bottom zone creation indicates potential for market recovery, contingent upon successful testing of support levels. Retailer, DI, and AI Strategies: Analysis of retailer, DI, and AI positions reveals shifting market dynamics. Retailers predominantly taking long positions, while DI shows significant purchasing activity, influencing market sentiment and direction. Conclusion: In conclusion, the Nifty market presents a mix of opportunities and challenges, influenced by various factors including global cues, trading volumes, and investor sentiment. By carefully analyzing technical indicators, option chain data, and the behavior of different market participants, traders can better navigate the market and capitalize on emerging trends and opportunities. Note: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own research and analysis before making any investment decisions.
NSE:NIFTYShort
by khushaljain023
3
ZS Zscaler Options Ahead of EarningsIf you haven`t bought ZS ahead of the previous earnings: Then analyzing the options chain and the chart patterns of ZS Zscaler prior to the earnings report next week, I would consider purchasing the 185usd strike price Puts with an expiration date of 2023-12-15, for a premium of approximately $6.45. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:ZSShort
by TopgOptions
WOW OH WOW. Minus $1 to target please!!INTC is failed the most recent high, it broke its uptrend and sold off right below the point of control (yellow line). I would expect a sell-off to continue to the .382 (white line which is also the next area with the most amount of volume traded. Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade. Every day the charts provide new information. You have to adjust or get REKT. Love it or hate it, hit that thumbs up and share your thoughts below! This is not financial advice. This is for educational purposes only.
NASDAQ:INTCShort
by Navitility
CVX Chevron Corporation Options Ahead of EarningsIf you haven`t bought CVX here: or sold it before the previous earnings: Then analyzing the options chain and the chart patterns of CVX Chevron Corporation prior to the earnings report this week, I would consider purchasing the 157.50usd strike price Puts with an expiration date of 2023-11-17, for a premium of approximately $3.42. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:CVXShort
by TopgOptions
LOGI Logitech International Options Ahead of EarningsIf you haven`t sold LOGI here: Then analyzing the options chain and the chart patterns of LOGI Logitech International prior to the earnings report this week, I would consider purchasing the 80usd strike price in the money Puts with an expiration date of 2024-1-19, for a premium of approximately $11.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NASDAQ:LOGIShort
by TopgOptions
2
LW Lamb Weston Holdings Options Ahead of EarningsIf you haven`t sold LW here: Then analyzing the options chain and the chart patterns of LW Lamb Weston Holdings prior to the earnings report this week, I would consider purchasing the 90usd strike price Puts with an expiration date of 2023-10-20, for a premium of approximately $2.02. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:LWShort
by TopgOptions
VALE PUT OPTION and VOLUME storytellingVALE has a nice possible put play, but it needs confirmation to fulfill its potential. Wait for the open/confirmation/retest of 13.09 before committing to the buy put option. Put Volume Total 4,738 Call Volume Total 997 Our target if the buy puts prevail, is inside the green box. I'm just looking to get in and get out. Volatility is king in this unstable world economy, inflation and world conflict. My strategy - buy VALE $13 Put 10/20 0.22 then look for exits at; *Target 1 - sell for 0.29 31.8% winner, and if it is moving further in my put direction, then *Target 2 - sell for 0.38 72.7% Winner!! Why Buy Put Option? - All EMAs are upside down, adding hard resistance to any bullish move - Stochastic has now turned bearish - RSI is now flat - Volume is showing Buy Puts are the play to make NOTHING IS CERTAIN! This stock could find its footing on the GREEN 8 EMA and hold, requiring paytience to look for the direction **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.
NYSE:VALEShort
by mrmaximo74
1
$WBA 11DTE SHORT PUT 10% profit target #WBA #options10% TP for my cap in 10 days? It's good.... Any kind of naked PUTs on big instrument are my favorite at high IVR with divergence. My choice for today: Walgreens Boots Alliance Inc. Reasons: - RSI is already oversold with big divergence - breakeven point is little close, but allowed loss ($50 max) is manageable SETUP: NAKED PUT for NASDAQ:WBA , because IVR is high, for 0.7cr * Sell 2 NASDAQ:WBA OCT13 '22 PUT Max profit: $152 Probability of 50%Profit: 72% (TP: $95) Profit Target relative to my Buying Power: 10% Req. Buy Power: $1035 (max loss without management before expiry, no way to let this happen!) Tasty IVR: 84 (very high) Expiry: 11 days SOLD OCT13'22PUT @ 0.76cr
NASDAQ:WBALong
by TanukiTrade
FDX FedEx Corporation Options Ahead of EarningsIf you haven`t bought FDX here: or ahead of the previous earnings: Then analyzing the options chain and the chart patterns of FDX FedEx prior to the earnings report this week, I would consider purchasing the 220usd strike price Puts with an expiration date of 2023-11-17, for a premium of approximately $1.96. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:FDXShort
by TopgOptions
SNOW Snowflake Options Ahead of EarningsIf you haven`t sold SNOW on this Head and Shoulders Bearish Chart pattern, on Disappointing Growth Forecast: or reentered here, ahead of earnings: Then analyzing the options chain and the chart patterns of SNOW Snowflake prior to the earnings report this week, I would consider purchasing the 145usd strike price Puts with an expiration date of 2023-8-25, for a premium of approximately $7.30. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Looking forward to read your opinion about it.
NYSE:SNOWShort
by TopgOptions