ROKU going with trendlineROKU going up with weekly trendline. wait for retracement. I also watching this one .
ROKU
ROKU: Bears would want to step aside until at least 138-140ROKU is on a tear and the price structure strongly suggests wave-iii of 5 of Cycle-C is underway. Based on Fib-extensions and retraces we should see this wave-iii top at around 138-140, then a pullback to about 112ish for a wave-iv of 5, before wave-v of 5 ideally targets the 148-150 zone. THAT would be a much better level to go short or place long dated puts IMHO. Trade safe!!
Roku (ROKU) priced for a move of 16.5%Roku (ROKU) August weekly 101 straddle priced for a move of 16.5% into the expected release of quarterly results after the bell on August 7th 2019.
What is a straddle:
A straddle entails buying a call and put of the same strike that allows the holder to profit based on how much the price of the underlying security moves, regardless of the direction of price movement.
*Trading a stock after earnings is less risky, and could prove to be a great idea to buy dips. / Instead of buying pre-earnings.
THE WEEK AHEAD: ROKU EARNINGS; GDXJ; VXX, UVXYA real quick and dirty here between checking off items on the honey-do list ... . Here's the cream of the crop:
ROKU (83/94) announces earnings on Wednesday after market close and with rank/implied greater than 70/50, it's an ideal play for volatility contraction post-announcement. The pictured setup is a September 20th 75/80/135/140 iron condor, paying 1.67 at the mid price (one-third the width of the wings). Look to take profit at 50% max (.83/$83 assuming a mid price fill).
Taking the top spot again this week for rank/implied among the exchange-traded funds is GDXJ (92/37) with the >70% probability of profit September 20th 36/45 short strangle paying 1.31 (.75/$75 at 50% max) and delta/theta metrics of 2.02/3.16.
Lastly, with the pop in volatility last week, consider a bearish assumption play in either VXX or UVXY (i.e., either short call verticals or long put verticals) with the short leg in the money, the long out and that pays at least one-third of your spread in credit (or for which you have to pay less than two-thirds the width in debit). For example, the VXX Sept 20th 25/27 short call vertical is paying .67 at the mid price with a break even at 25.67. Conversely, the VXX Sept 25/27 long put vertical costs 1.36 to put on with a 25.64 break even and a max profit potential similar to that of the same-strike short call vertical (.64/$64). For the bolder at heart, the VXX Sept 22/24 long put vertical costs .95 to put on, making it a risk one/make proposition on the notion that volatility implodes fairly quickly back to its pre-pop levels, taking the VIX derivatives with it.
$ROKUThis char has made me some serious money... Especially the 103 call this week. Purchased x25 last week for .13 cents. This week I cashed them out for HUGE gains.
Out for now. Waiting with cash till Friday options Exp. Will consider on case by case basis.
Roku Trade Call Bear SpreadAdded a 105/110 Call bear Spread to ROKU as it began its sell off
I put on the position because it seems to have finished its move up and looks like it will continue lower.
Target is Exiting July 21st
Target profit is $140 and exit is $280 USD if I'm wrong about my direction.
May hold till exp if the chart shows that it has no chance in recovering.
This is my trade journal entry and not trade advice.
Daily ROKU stock price forecasting analysis05-JUL
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Falling section of high risk & low profit
S&D strength Trend: In the midst of a rebounding trend of upward direction box pattern price flow marked by limited falls and upward fluctuations.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
READ MORE: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: 0.0% (HIGH) ~ -3.4% (LOW), -2.6% (CLOSE)
%AVG in case of rising: 3.9% (HIGH) ~ -1.0% (LOW), 2.4% (CLOSE)
%AVG in case of falling: 1.9% (HIGH) ~ -3.7% (LOW), -2.8% (CLOSE)
Daily ROKU forecast analysis for stock investing strategies03-Jul ROKU
Price trend forecast timing analysis based on pretiming algorithm of Supply-Demand(S&D) strength.
Investing position: In Falling section of high risk & low profit
S&D strength Trend: In the midst of a rebounding trend of upward direction box pattern price flow marked by limited falls and upward fluctuations.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
read more: www.pretiming.com
D+1 Candlestick Color forecast: RED Candlestick
%D+1 Range forecast: -0.4% (HIGH) ~ -2.7% (LOW), -1.9% (CLOSE)
%AVG in case of rising: 3.8% (HIGH) ~ -1.3% (LOW), 2.2% (CLOSE)
%AVG in case of falling: 1.9% (HIGH) ~ -3.6% (LOW), -2.8% (CLOSE)
ROKU REACHED ITS PEAK FOR NOWMACD crossover on the day chart- lower levels heading into July
RSI at upper threshold
MA's at highest level in stock history
BULLRINGANALYSIS
Roku 3rd BULL flag - LONG BullROKU raised its third flag.
Technicals:
RSI(10) @70
OBV at all time high
CCI(10) @50 - high resistance line
Price range at all time highs
Bollinger width show a relative squeeze.
Fundamental and technical analysis show ROKU as a good short-term as well as long term investment.
ROKU stock price timing forecast analysis.Stock investing strategies NASDAQ:ROKU
Read more: www.pretiming.com
Investing position about Supply-Demand(S&D) strength: Strong buy as Rising section of high profit & low risk
Supply-Demand(S&D) strength linkage Trend Analysis: In the midst of an adjustment trend of downward direction box pattern stock price flow marked by limited rises and downward fluctuations.
Today's Supply-Demand(S&D) strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
D+1 Candlestick Color forecast: GREEN Candlestick
%D+1 Range forecast: 3.0% (HIGH) ~ 0.0% (LOW), 2.2% (CLOSE)
%AVG in case of rising: 5.1% (HIGH) ~ -1.1%(LOW), 4.2% (CLOSE)
%AVG in case of falling: 2.4% (HIGH) ~ -3.5%(LOW), -1.4%(CLOSE)
Stock Price Forecast Timing Criteria: Stock price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
ROKU - "FINALLY" bearish ?
ROKU broke below 9MA and 26MA (~$91) and we have a bearish cross on 1HR MACD + ADX has crossed bearish finally as well
Seems like a good opportunity to buy some puts on ROKU with a stoploss near $91 (If we close above the 26MA on the 1HR) - If not, we should be looking at larger timeframes
Still waiting for a stronger confirmation on the 4HR MACD to cross bearish + RSI / STOCH RSI to show a real reversal in the momentum
As of 5/28/19, it would be a strong confirmation of a reversal if ROKU closes below $90 (9MA on 4HR)
Keep an eye on STOCH RSI + RSI - We would want stoch rsi to make a movement similar to what is shown below, where momentum reaches oversold but gets rejected near the 50 and continues to fall -
Call: $86 puts for 5/31 (Adjust for 6/7 if charts take longer to form)
Short RokuNASDAQ:ROKU
This was no doubt the ultimate short, same pattern happened last earning, it ran and held up for 13 straight days. caught a bunch of bullish traders at the top and just kept running.
And then BAM! dropped like a sky diver without a parachute.
they picked an amazing time to drop too, i was trying to short 500 shares on friday but i had to exit my position because i didn't want to pay margins for 3 days but I guess that was the trick.
ROKU - Long to new highsMorning traders,
Roku is one of the hottest stocks these past couple weeks, if we see a full bottom reversal at these levels I'm looking for this to hit new highs, lots of $110 call purchasing happening, and I'm following.
Long to $110 - End of june-july expiry
As always, smash that like and follow button!
ROKU Iron CondorSince IV is high on ROKU because of recent earnings. I will go for an iron condor on ROKU
65/70/100/105 EXP July 19
$150/350 Profit/Risk
$100 real profit target and $200 max loss.
High probability trade, this is a journal entry and not trade advice.
