If the SPX can hold the trendline. Enter on trigger. All trades are Long Setup.
Strictly One Day position. Do not get cute.
NFLX applied on UCS_PANV indicator. 1. The Green Circle shows that the Buyers are in Control 2. The Volatility is normalized within NFLX (i.e. risk / reward is back to normal) 3. A pullback within these parameters can be traded with Option Spread for a good R/R Note - NFLX may pullback further down. Other Longs - Look at the ref below.
Where is the money coming from? I think, The market rally is backed by FEDs and their enormous pocket (printing press). Showing who is in control. 1. Money is flooding into markets Equity, Bonds, Commodity. It is not traders or market makers money in the equity. Its the FED press money . 1a. Commodity is where risk averse and foreign money is heading for safe...
Nice Pop on all the Bullish Trades I had. No matter what I think and how Bullish the market pretend to be. TLT is Tilted too steep too quickly. I want a piece of this to the Long Side. The best way to catch a falling knife is with GLOVES. Thats what Back Spread Does.
All these are for a short term long exposure. GDX has sold off significantly. Ofcourse, if you are long GDX, you are betting against the market. So, do not treat this as a position trade, But like a hedge. What do I mean. If you are long a bunch of spread in the Equity sector, You can hedge them by getting spreads on Gold and Bonds. Building an exposure here...
These stocks look extremely overbought to my eyes. Add them to your watchlist for a long term short play. Will need to monitor them for momentum change / Divergence. Just from the looks of it, W is already showing early signs of divergences (if it doesnt make a new high above 210 for the divergence to stay). These could be the next big short, if you enter with...
"BUY +1 1/2 BACKRATIO LULU 100 (Weeklys) 2 JUL 20 315/290 PUT @.05 LMT" - BP reduction $2500 with $50 Debit Is a starting point. If you cannot construct this spread and know what your risk is. DO NOT GET IN.
One more long idea, $BYND. Another in $WPM. $MRNA is sold off enough to swing it up - BE CAREFUL. They may lose all the hype overnight or one bad news could swing it down significantly lower.
Ok, now we have the most ideal UCS#2 Strategy - Channel Shorts. These are by far my fav strategy with surprisingly high winners. Others published UCS#2 Shorts are like pre mixed dough, these are like prepared hot cakes (to me). The idea here is to ride the wave down when it triggers an entry. (Interstingly, Industrial Sector in general had more picks when I...
Another 4 tickers for your watch list. I am surprised to see how many short trades are showing up on a day to day basis. Very few Long setups. *******Eyes open for Sector Rotation******* If the market breaks out.... I
This mild rally.... will it last? Looking bright to fade. Will trade options on one of these. LUV - 75% IV, 30% IVP. Sizzle - 50% UAL - 110% IV, 33% IVP, Sizzle - 45% DAL - 95% IV, 25% IVP, Sizzle - 50% AAL - 136%IV, 33% IVP, Sizzle - 45% - Makes sense. Says a story for every every option trader out there. The risk of AAL going down is huge. First thing -...
This is another contrarian short setup developed from today's market action. We cannot expect anything less than this after the wild market rally today. Yes, the markets are rallying, but I am skeptical. Positive Bullish Stories can be built for each of these, DIS - may start seeing traffic, Lulu should see more customers with Gyms on the verge of opening and...
In w/ Back Ratio Spread on this. What do I have to lose. If It moves to retest $40. I will make $$$, If it goes ape **** and runs away to $60 I will keep the tiny $ credit from the spread. As long as it doesnt chop in a range. I make $, whether it is $ or $$$$ is a waiting game.
This is another set of early long setup scan results from my pullback strategies. Remember - A good trade is - Definable, Manageable and then Profitable. So, Define your Risk, Manage your Risk and eventually you will be profitable. Good Luck. If trading options - The Vol Skew can be your best friend. Choice of Strike defines your Profitable Trades.
JNJ - Looking to go long if an entry happens. CAH, PYPL, CRSP - Looking to go short, soon I sense weakness in the stock. Use your entry and exit methods. Trading success not only relies on Setup, but also on ENTRY and EXIT. NOTE - Its easy to manage a winning trade, What defines a successful trader is how he manages losing trade......... Define, Manage...
VVIX is the volatility of VIX. Comparing them would give you a bit more insight. The risk in the market is not off the table my friends. As you can see, VIX is still hovering in the red zone. Watch, Watch and Watch. BTW, for those who dont know VIX is always quoted in %. That's why the zones start at 10% and go to 50%. Beyond 50% is uncharted territory. Market...
Squeeze - Volatility Vix is still above 30. Violent move is about to happen. Cannot pick direction yet. But wait for it to unfold