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INVESCO EXCHANGE TRADED FD TR II SOLAR ETFINVESCO EXCHANGE TRADED FD TR II SOLAR ETFINVESCO EXCHANGE TRADED FD TR II SOLAR ETF

INVESCO EXCHANGE TRADED FD TR II SOLAR ETF

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TAN trade ideas

$TAN Is This Getting Ready for a Stage 2 Breakout?Clean Energy (Solar) has been in a downtrend since January 2021! Every time it looks like it is setting up for a stage 2 breakout, it has broken down. Will this time be different? Here is what I see on this chart. TAN was in a clear downtrend until mid-December 2024. Then it challenged its previous high from the beginning of December. That failed BUT, it seems to have found a bottom as here we are in early February, and it has not sunk any lower than the December lows. I am optimistic that we may be ready to enter a Stage 2 uptrend. However, it has work to do. The first step is to get up and over the 50 DMA (red). Next it needs to break the Downtrend line. It also needs to put in a higher high and finally put in a higher low. As I said, it has work to do. Having said all of that, I have an alert set just over the 50 DMA where I will look for a good entry where I can put in a tight stop should I decide to make the trade. IF, it is going to enter a sustained uptrend it “could” be a big winner. All TBD. These are my ideas, if you think it makes sense for you, please make it your own trade that fits within “your” trading plan.
AMEX:TANLong
by jaxdog
3
Opening (IRA): TAN February 21st 32 Covered Call... for a 31.17 debit. Comments: Still in the top 5 underlyings for IV on my ETF board, with 30-day at 35.0%. Adding at strikes better than what I currently have on after exiting the 33's at 50% max. Selling the -75 delta call against stock to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 31.17/share Max Profit: .83 ROC at Max: 2.66% 50% Max: .42 ROC at 50% Max: 1.33% Will generally look to take profit at 50% max.
AMEX:TANLong
by NaughtyPines
Opening (IRA): TAN January 17th 33 Covered Call... for a 32.29 debit. Comments: ETF IV > 35% with 30-day currently at 39.7%. Adding to my position at strikes better than what I currently have on, selling the -75 delta call against stock to emulate the delta metrics of a 25 delta short put, but with the built-in defense of the short call. Dinking and doinking on "little stuff" running into year's end ... . Metrics: Buying Power Effect/Break Even: 32.29/share Max Profit: .71 ROC at Max: 2.20% 50% Max: .36 ROC at 50% Max: 1.10% Will generally look to take profit at 50% max.
AMEX:TANLong
by NaughtyPines
Opening (IRA): TAN Jan 17th 33 Short Put... for a 1.01 credit. Comments: Adding to my TAN position at a strike/break even better than what I currently have on. Here, going Plain Jane short put, since there isn't a great advantage to going monied covered call here because the IV skew isn't between the call and put sides isn't significant. Metrics: Buying Power Effect/Break Even: 31.99 Max Profit: 1.01 ROC at Max: 3.16% 50% Max: .52 ROC at 50% Max: 1.58% Will generally look to take profit at 50% max.
AMEX:TANLong
by NaughtyPines
Opening (IRA): TAN Dec 20th 34 Covered Call... for a 32.69 debit. Comments: High IVR/IV at 115.8/57.1. Adding a rung out in December to my position at a break even better than what I currently have on. (See Post Below). Selling the -75 delta call against stock to emulate a 25 delta short put, but with the built-in defense of the short call. Metrics: Buying Power Effect/Break Even: 32.69 Max Profit: 1.31 ROC at Max: 4.01% 50% Max: .66 ROC at 50% Max: 2.00% Will generally look to take profit at 50% max.
AMEX:TANLong
by NaughtyPines
Opening (IRA): TAN August 30th 38 Covered Call... for a 37.00 debit. Comments: Back into TAN (30-Day IV: 47.6%), selling the -76 call against stock to emulate the delta metrics of a 25 delta short put, but with built-in short call defense. Going with the August 30th, 46 DTE contract. Metrics: Buying Power Effect/Break Even: 37.00/share Max Profit: 1.00 ($100) ROC at Max: 2.63% 50% Max: .50 ($50) ROC at 50% max: 1.32% Will generally look to take profit at 50% max/roll the short call for duration on test.
AMEX:TANLong
by NaughtyPines
TAN - Invesco Solar ETFSimply go long, it's the future! If the USA doesn't want to increase this ETF by 20 or 30 or 40%, the world will end up on its last legs! NVDA won't save the planet! ENPH Enphase Energy, Inc. 10.11% FSLR First Solar, Inc. 8.64% NXT Nextracker Inc. 7.68% RUN Sunrun Inc. 7.10% 3800.HK GCL Technology Holdings Limited 5.01% 0968.HK Xinyi Solar Holdings Limited 4.45% ECV.DE Encavis AG 4.18% HASI HA Sustainable Infrastructure Capital, Inc. 3.71% SEDG SolarEdge Technologies, Inc. 3.47% NEOEN.PA Neoen S.A. 3.35%
AMEX:TANLong
by Maximus20000
Solar stocks follow energy prices (crude oil).Solar stocks follow energy prices (crude oil) and AMEX:USO (oil etf) is about to break out. I read that chinese are outcompeting the west in cheaper solar products. ie NYSE:JKS TNX is at bull market, crude oil and yields correlate (not sure which one cause the other). I look at everything trough probabilities since nothing is ever known. Stocks do bad when economy does good. But energy sector performs well during good economy, whilst everything else is falling (Tech). Peak tech means bottom for energy? I think these are good hedge plays, if you believe rising oil or yields pose risk. Recently Chinese gov asked Jack Ma to return because their financial markets did poorly. There could be a sentiment shift, where indicator will be NYSE:BABA performance. People might still have an old bias?
AMEX:TANLong
by citsvar
The Invesco Solar Etf TAN based on the Global Solar Energy IndexThe Invesco Solar ETF is based on the MAC Global Solar Energy Index (Index). The Index is comprised of companies in the solar energy industry. Wall Street investors have only short-sold the future of the planet! They have shorted all the players that could be a solution to climate change (personal opinion). With the upcoming U.S. presidential elections, I expect that new financial promises will be put forward, and this ETF will regain strength. TAN etf, ASSETS UNDER MANAGEMENT $1.32B ICLN etf, ASSETS UNDER MANAGEMENT$2.54B TAN: Enphase, First Solar, SolarEdge, Sunrun, GCL Tech, Xinyi, Hannon Armstrong, Array, ... ICLN: First Solar, Vestas, Enphase, China Yangtze, Orste, EDP Portugal, SolarEdge, Suzlon, ...
AMEX:TANLong
by Maximus20000
$TAN Up 17% in 2 Days!Who says you cannot make big returns on ETF's? AMEX:TAN the Solar Sector ETF Is on fire. It looks like rotation back into the beaten-up sector. Names Like NASDAQ:FSLR and NASDAQ:ENPH up even more. Rather than take the risk on an individual name I have opened a ¼ sized position in this ETF. I will be looking to bring this up to a full-sized position on any consolidation. This ETF has institutional accumulation volume going back over a month. It has regained all MAs except for the 40 Week MA in white. All shorter-term MA’s, including the 50 Day Moving Averages are turning up. My stop is set below yesterday’s low and the horizontal line of support / resistance. Ideas not investing / trading advice. Comments always welcome. Thanks for looking.
AMEX:TANLong
by jaxdog
Solar recovery? The renewable energy sector has not had a good year because of rising interest rates. Most of the companies are debt-financed with thin revenues but they offer significant future value as companies and households turn to a sustainable source of energy. If the first rate cut is announced mid 2024, clean/renewable energy companies and ETFs will have a stable recovery moving forward. We have just added the ETF to our portfolio after a significant sell-off year to date. The volume spike in November is a good indicator that the ETF possibly bottomed out. If not, another sell-off will not be as aggressive, and looking at accumulating for the long haul.
AMEX:TANLong
by EquityWhale