I posted a similar video yesterday, but it was taken down because I screwed up the content. So, I'll try to post this video without messing up the content. The US markets (particularly the NAS100 - as shown in this video) will likely continue to move in a strong bullish price trend - even against the multiple divergences and other technical peak/exhaustion...
I'm not hugely fond of going long volatility, particularly in an instrument that gets routinely battered by contango and/or beta erosion. With VIX closing in on its 2019 low, however, it may be time to consider one. Pictured here is a VXX "Super Bull" made up of a 16/18 short put vertical and a 18/20 long call vertical. As of Friday close, it pays a small .11...
Now, that I have your attention. When this breaks down: EOS will dip then possibly moon. I am quite literal here because I believe that if BTC dips below 3800 it will keep falling for a bit. EOS being the top gainer recently, along with other altcoins, will be seen as a speculative valuable investment asset that has the best gain potential out there. Out of...
Iphone, Iphone, Iphone. <---Some good points of the Apple stock...What seems like a good time to sell is just a better time to buy. If this stock is an animal spirit, it is a squirrel. Super American, Sleek, and ready to duke it out over the nuts. IDK if that even makes sense...but APPL is a pretty sweet company, and would be a good addition to the portfolio...
Trade setup on chart. Executed the trade for a $.37 credit. The call spread in July is a bit of a moon shot, but the trade is setting up currently to be a 22.3% ROC by Oct if it expires worthless. I may continue to add call spreads if possible here.
Banks have sold off here and I believe if the market can start to move again, financials will recover. I structured a Super bull for this trade. Trade: In chart. Overall, $.46 credit on the trade. Current risk: $454 Current R/R: 10.2% ROC (likely to increase if I can capture profits in the call spread.
At some point volatility has to come up.... So I bought the 14/15 Call debit spread and financed it with the 13 Put The trade: VXX superbull Buy the 14 Call Sell the 15 Call Sell the 13 Put 64% probability of profit Break even at 12.95
Bought the 106/107 Call Debit spread and sold the 104 Put to financed it (1 day to expire). Max profit is $108. Our break even is at 103.92
Barring a Chinese Yuan devaluation of significant magnitude, the Yen is going to go a lot lower. Yields in Japan are pinned to the floor, while rates everywhere else are rising. This growing spread will crush the Yen
With VIX finishing the week quite a bit below 15, I'm probably going to pass on the 45 DTE index iron condor I ordinarily put on in RUT, SPX, or NDX and look elsewhere for my premium selling plays; this usually means: either (a) look at earnings plays or an exchange traded fund in which volatility is high; (b) do a long volatility play (such as the VIX "Super...
... for a .25 debit. The "Super Bull" consists of two parts -- a short put vertical (bullish assumption) for which you received a credit and a long call vertical (also bullish assumption), for which you pay a debit. In this case, I had to pay a little more for the long call vertical than I got in credit for the short put vertical. The notion here is to either...