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Puts

Example of strong trade setup using multiple timeframesThis is as good as it gets when it comes to a high probability trade setup with low risk. FB is one of my "basket stocks" that I watch regularly for good option trades. Using the daily and 30min charts, there was strong reason to buy puts today. This was a nice day trade if you use the 30m chart (with 5m) and take profits as price comes down from 334 to lower moving averages. Note that price came down to 50ma and bounced. So you set your exit to OCO - either at stop loss or at target price. RSI supported the bearish outlook because it dipped below 33.33 and as price bounced RSI stalled under 66.66. Usually 65 is a bear resistance unless there is a sharp rally or higher volatility. On the daily chart, today's open provided a low-risk entry for swing puts. If you miss the setup near open, there is another entry as price bounces from the first drop. Yesterday RSI moved up to test 50 as price went up. So swing puts will give you time for this price to turn down below 330 again, and RSI should close be lower today or tomorrow.
NASDAQ:METAShort
by OptionsRising
6
AMD levels to watch going in to 1/10/22NASDAQ:AMD $AMD - watching for a break over 136.34 or break under 130.77. Trading under its 50 MA, and its 12/26 EMA 12 EMA just crossed under 26 EMA Well above its 200 MA (macro uptrend) 1/7/22: BTO/STO option trades on premiums >100k = bullish. Volume on the 130p and 140c. Lots of OI on the 150c\1 35p - watch for changes in these Local support at 132.01 - created on Nov 4, tested on Dec 14, confirmed on Jan 7 AMD closed on 1/7 at 132.00 If AMD breaks below 130.77 = consider bearish trades If AMD breaks above 136.34 = consider bullish trades
NASDAQ:AMDLong
by OccamsPhazer
$WMT Bearish FOMC Setup 1/6/2022$WMT had a parabolic run up on 1/4/2022 with little to no consolidation. Elevator up means elevator down. It is also about to break back into the triangle trend it was forming. Also Dec 16-17 $WMT fell almost $8 and can also be considered a gap fill for $WMT coming back into trend, as shown by the green boxes. This play is puts under 143.60 (risky) or 143.00 (safe) for confirmation of downtrend break. Sell would be when $WMT touches support lines with only runners after that. $SPY confirmation is encouraged but not necessary because $WMT tends to move on its own.
NYSE:WMTShort
by BroccoliGiraffe
DIS Bearish Continuation Play Following Descending Triangle GapDescription Been tracking the descending triangle that DIS was working since early MAR, with a short alert set and triggered on the lower boundary. It was a massive gap though (an indication of a strong break-out), so I have been waiting on a retracement before entry. Today marks a solid rejection of the resistance set in NOV19 and retested before the gap into the pattern on 9DEC20' @ 154.5 , conveniently located at the .382 retracement following the start of this decline, thus triggering the short entry. The implied move from the Descending Triangle takes DIS down to 136. I am not a perma-bear by many means, but I am seeing the same things in almost every chart I look at. The rebound to near ATHs in the indexes earlier this week were only textbook retracements in a lot of the names that have made major bearish breaks in the last 3 months. The VIX is also finding support at 20. Long Put Levels on Chart SL > 154.5 PT : 136 *Stops based off underlying stock price, not mark to market loss The Trade BUY 12/31 145P R/R & Breakevens vary on fill. Tight Stops and Risk Management Only invest what you are willing to lose
NYSE:DISShort
by BarnardR