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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 calendar spread idea, target $100 4/16/21TAN is a great solar exchange-traded fund. Renewable energy demand is definitely going to grow in 2021. I'm expecting TAN to be weaker in January and stronger in April, simply just because of winter/spring seasons. A nice play on solar's long term uptrend would be to get a TAN calendar spread. Simultaneously, buy a 4/16/21 call$80 = 7.10 ($710) and sell a 1/15/21 call$90 = 1.90 (-$190) for a net entry cost = 5.20 ($520). The 1/15/21C$90 has an open interest of 2,067 with a put/call volume ratio of .51 vs the 4/16/21C$80 has an open interest of 1,085 and a put/call volume ratio of .39, which is very bullish. My ultimate target price for TAN by 4/16/21 is $100 which theoretically equals a 300% profit or an end value of $2000. Do your own due diligence, your risk is 100% your responsibility. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading 101* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue & Earnings Debt / Cash Book value, assets 7 Common mistakes: +5% portfolio trades Bad risk management Emotions & Opinions FOMO : bad timing Lack of planning & discipline Forgetting restraint Obdurate repetitive errors 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big organized desk Reading books Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum www.tradingview.com
AMEX:TANLong
by Options360
2
TAN: Huge topI think we are seeing a massive top in many stocks, solar looks specially vulnerable and it's one of the sectors I'm short of. If it doesn't break over today's high going forward chances are it is dropping all the way back down...We would need a Biden victory, or a tax law change for this to come to pass though (oil dropping would also help, or subsidies going away). Oil itself flashed a long term short signal this week, so I like this idea a lot here. Best of luck, Ivan Labrie.
AMEX:TANShort
by IvanLabrie
018. PIGGISH PLAY - Solar StrangleThe solar space is interesting right now because: 1) It is at a critical technical juncture for a potential break-out from its 10-Year Base 2) Solar companies are very difficult to accurately place value on, which is evidenced by recent polarizing movements (and the lack thereof in some cases) 3) Solid, long-established and fast-growing companies that have received recent positive news (like FSLR) are trading under the grand-line in the top-most chart 4) Riskier, smaller companies like RUN that are the most difficult to accurately value, are trading at an insane premium at the moment and are positioned well above a reasonable price relative to pretty much any indicator used 5) Whenever an entire sector reaches a critical technical juncture that raises a big question, I always come up with the same answer: Strangle it. The expected return on strangling these types of make-or-break situations is nearly always positive if the correct positions are taken. This strategy has worked for me countless times, and this particular setup should be no different. In fact, with such immense disparity in perceived value between companies, rampant volatility throughout the sector, and the particularly precarious position of the global equities market, this strangle should play out beautifully. Pig Plan: Buy First Solar Calls: 85 Strike, Expiration 11/20/2020 Buy Sunrun Puts: 60 Strike, Expiration 10/30/2020 I think using the calendar to your advantage will work in this case because Sunrun will either capitulate from the blow-off soon, or it will not. You can also buy more puts for Sunrun for the same amount of capital that you allot to First Solar. If you've followed me recently, then you know I'm a bearish-pig right now. My bias is toward the short-end, so my plan above does lean the same way. - SunPig, Inc. AMEX:TAN NASDAQ:RUN NASDAQ:FSLR NASDAQ:NDX SPCFD:SPX
AMEX:TAN
by UnknownUnicorn5511258
9
TAN Reversal PlayTAN LONG TAN is an Invesco Solar ETF. Recently sold off probably from the JKS wave. Looks like it's reversing: morning star and dragon fly doji on the 1D. Holding orange support fairly well. Optimal Entry A hold of the support would be good. Don't enter any more than 73 PT 77.5 SL orange support Contracts :pencil: From riskiest to the least 11/6 75c 11/6 70/71c bull spread (no more than 0.5) 11/6 71/72p bull spread (no more less than -0.5) 11/13 69/73c bull spread (no more than 2) 11/20 70/75c bull spread If this opens red don't enter that would be a terrible play. Close it when you see a decent profit because solar might have a bigger pull back.
AMEX:TANLong
by Chabias_Trades