Look at that volume in uptrend! Max profit: ......................................................... $113 Probability of Profit: .............................................66% Profit Target relative to my Buying Power: ......30% Max loss with my risk management: ...................~ $100 Buy Power: $387 (max loss without management at expiry, no way to...
Quick trade for monday on $ABBV Breakout formation 1) Swing Pivot Last swing pivot breaked at 109$ 2) RSI in the middle zone Many space up and down too. 3) Squeeze indicator On my squeeze indicator "prepare for storm" sign. This in dicator I'm using for predicting any significant move in near future. See examples in the past. CONCLUSION ...
I've opened a LONG CALL VERTICAL spread yesterday end of day for Dow Jones. Correction maybe consolidated, I'm expecting some short squeeze soon. Otherwise the probability of profit is godd, and the trade is manageable because of lower strikes. (1) Relative Implied Volatility is low I'm using my Relative implied volatility indicator to determine the...
Lazy day, lazy trade. My Iron Condor Hunter script indicated a potential iron condor for this instrument for the 12 - 23 range. Let's check for the best setup for this signal. (1) Basic TA to background check After a quick TA I judged it too risky, because it limiting the downside potential correction. The script indicated good ranges in the past 4 years,...
Another EV stock.. A lot smaller and younger than $TSLA. Bullish flag, waiting for volume increase on daily chart or moving average crossover for entry to buy stock. Possible buy and hold due to current market's sentiment on EV stocks. While waiting... Short put vertical 6/5 for 01/15 expiry.
Rolling on my previous MAR trade that expired on the 28 Aug. I decided to continue with MAR as price on the 25 Aug seemed to be having trouble rising. RSI was also at a high band of 65. Overall, price seemed to be pretty predictable and not volatile at this point. As my defensive trade is focused on picking off premium. I do not expect price to rise and as such,...
SPX presenting some good buying opportunities hitting the 50% retraement and 61.8% acting as support. We are in for a corrective pullback, NOT an all out crash.
Teva Pharmaceuticals releases earnings in 6 days on February 11 2020. Potential Price Support-restance levels. The green box is the current difference maker for the upside, in which they it could aim to create a a 9 week: 13:10 and/or 10-week high 10:81 8 month high:15:44 :12 month: 15:91 The red line is the is still the long term support/resistance. 9.88
BA Boeing possible trend for 2020, following the Iran accident being deemed NOT a mechanical problem, will Boeing's Stock rise? Boeing invited to the rash site along with countries involved and General Electric (GE) and the 737 simulator. many factors to consider.
METHOD: Long FACEBOOK {price at entry 198.39] via: +2 VERTICAL FB 100 (Weeklys) 27 DEC 19 195/202.5 CALL @3.75 ; Decay only threatening if losing the trade; 1:1 R:R. STRATEGIES: Using day chart: The 20/50 Mean green cloud contracts, and we can look for a new expanding cloud to form for a long from the mean. The Fisher Transform bounce signal...
METHOD: Long AMERICAN TOWER {price at entry ~ 215.60} via: -2 VERTICAL AMT 100 (Weeklys) 27 DEC 19 220/212.5 PUT @4.20 ; !! may be tough to fill !! Trading @ medium IV so going for a positive R:R play Decay helps if price > 216 and hurts if below; STRATEGIES: Using AMT day chart: The 20/50 Mean looks set to make a green cloud after mean crossed. ...
METHOD: Short COSTCO {price at entry ~ 292} via: +2 VERTICAL COST 100 (Weeklys) 27 DEC 19 300/292.5 PUT @5.00 ; Trading @ low IV after the earnings dump; Decay helps if price < 294; Sold high extrinsic put to buy high intrinsic put STRATEGIES: Using COST day chart: The 20/50 Mean looks set to make a big pink cloud after a long chart runup. The...
We are closing out our 90/95 bull call spread, earning a debit of 4.99 by selling the 90 Cs and buying back the 95 Cs. We have made a profit of 49.7/contract, with a maximum potential profit of 50. The potential possible gains of holding the position are nearly negligible, so we are taking the successful trade and closing it out now, to best preserve strong...
AIG currently is trading with an IV30 of 19.6, making its IV Rank 21.8. This low rank indicates that the options will be cheap, and encourages debit spreads, regardless of being bullish or bearish. These spreads will profit when volatility mean-reverts to higher levels. Because of this well-developed bear flag, we are expecting a continuation of the prior...
We are taking a bearish position in SPY, S&P 500 ETF that represents 1/10th of the broad-market SPX. We are taking a bearish positions for both fundamental and technical reasons. Our position is a bear put spread with expiry this Friday. We are writing the 296 puts and buying the 297 puts for a total debit of .73 per contract. Per contract, the max profit is $27...
This technically-driven call debit spread on Boeing entails buying a 355 call and selling the 370 call, both with standard july expiry. The cost of taking this position is a debit of 6.35, making the break even 361.33. This is slightly below the long term support levels, and the resistance of the upper boundary of the horizontal channel, which will become a...
- Earnings on Thurs after close - Nearing its ATH at $322 (Nov 2018) - Cramer is bullish - 1 year chart uptrend is very good - The question is if it can break the ATH or not - What is different now than it was in Nov 2018?... Maybe the market is healthier overall - It is trading above the VWAP and the SMA is in an uptrend - I am bullish here and would think...