PUT Write Index (daily)A sharp (vertical) drop in the RSI (9) on the Put Write index has not been kind to the SPY (purple line). Pretty consistent forecaster. More downside ahead it it looks. So the first episode took us from 447.57 to 362.17, or -19%; the second episode went from 417.23 to 348.11, or -16.6%; a 15% drop from 2/15/23 would take our current leg to 351.95 around mid April.
Putsell
Walmart steady as she goes, Sell Long putsWalmart steady as she goes, OK want to make some free money if you have cash laying around in some dead bank account. Sell 110 long puts on WMT
the vix is 30 today they will pay you 3.60 for a leap
by Feb 22 will level off around 144
Best trade today,
Check out my other trades and you will make money with little risk and stress.
Where to Buy TSLA by selling PutsSome traders are already bragging about their gains on the recent dip buy but I am remaining patient for my ideal level. If you follow my videos you already know what that level is.
In the meantime while waiting for the market to come to my criteria there is a strategy traders can use to play TSLA stock without owning shares, receiving a return on capital, and ideally buying the shares at a cheaper price in the future. That strategy is called Selling Cash Secured Puts and in this video I go through how it works with TSLA and NYSE:F as examples.
PVR NSC 14th DecHi traders,
this is a price action analysis of the PVR LTD Co. and i can see that there are some good chances to SELL CALL option at strike price :1700
and
SELL PUT option at strike price of 1100 with strike date of 31 DEC 2020
we can see currently we are facing a heavy resistance zone and there are high chances that the market gets range or goes bearish if not able to break the 1500 to 1650 resistance zone
so
we are hoping the price to be range bound between 1100 and 1700 so you can pocket the premium money
with selling both call and put you can increase your breakeven price on both the upper and lower side of the setting
in this scenario we are betting against the volatility of the market and wishing the market to be range bound so we can capitalize on the premium
please comment your opinions
How low AGN can go Euro/USD + Qtrly Perf Affecting itIt does look like $160 to $170 for AGN from the bearish charts, but can it really go that low. With the Italy election and what is going on with Euro, it might do it sooner than later. AGN in the US might be a buy with the Insider Buying + Low PE + Good potential on the low market cap relative to PFE, BMY and others. Of course, selling the Generics to Teva has brought in good amount of cash to pay off debt or buy something (GILD was ruled out). Maybe wait for 2019 LEAPS, or do a Feb Put Sell when it has a selloff soon.
Your thoughts?