VZ trade ideas
VZ short put, Nov 19VZ is into a level of tested demand
Sold 42 DTE, Nov 19, 11.59% AROI, 4.24% from underlying price
Yield at strike is a decent 4.78% which is way over the US10Y hurdle rate by 3x
It's pushing below the Feb 2021 spike low, but it seems to be very passive selling to me the past 6 months.
Lots of back filling and retracing to push lower. Like a robot is just refreshing the offer lower.
Trend on the daily is absolutely Down.
But it's into Previous demand and 53.40 level is where I see -1 sigma value where algos could step in to buy.
I don't mind being long VZ outright, but I like the idea of bidding for 52.50 even better.
Because if it goes to 51.55 I split the difference.
It's a down day into new lows and that's the best time to sell put premium, so I did.
VZ at the dipPurchasing 100 shares of Verizon, on the dip, end of day Thursday 10/7/21.
Last Announced Dividend
Amount
$0.64
Ex-Div Date
10/07/2021
Payout Date
11/01/2021
Record Date
10/08/2021
Declare Date
09/02/2021
Div Frequency
Quarterly
VERIZON possible break from the current shapePrice has been stalled at a major support area after two set of falling wave. A small inverted h&s has formed ard the support area, possible long setup. Apply SL to your trade and moving SL to lock your profit.
Verizon (VZ) - Buy the dip with 16% upside paying 4.66% dividendNot the growth stock that it once was, but VZ has been in correction since Dec 2020. It has formed a tight falling wedge pattern while also finding support at 2009-2010 trend line. It has a maximum upside of almost 16%, but even more compelling is its 4.4% dividend yield.
4h
Falling Wedge- BullishBeen watching VZ for a while now and has been holding this wedge for quite some time, with quadruple witching coming up on the 17th and September being historically a bad time for equities, a low beta stock like VZ should theoretically outperform the broader markets. (VZ Beta = 0.45). From a technical standpoint, VZ is also looking quite nice, closed yesterday sitting right on its 20-day SMA (not pictured), falling wedge on the 4hour and daily timeframes, Bollinger bands are also squeezing, with volume- should pop. Just some FIB levels & RSI-based supply and demand zones to keep an eye on- Bullish and looking for a breakout.
PT1- $55.70
PT2- $56.33
PT3- $57.82+
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VZ is moving sideway We can see that price action is moving sideway for past years, the current price is near the support area and I think is a good buy area for those who wanna hold long term.
VZ $65 PT printing ascending channel Verizon is well-positioned for the increasing consumer demand for better networks and services as the company continues implementing its 5G technology, which could be a catalyst putting the company back on the growth path.5G subscriptions are expected to reach 3 billion subscriptions worldwide by 2025. Moreover, the fifth-generation connectivity is expected to drive the market growth of Artificial Intelligence and the Internet of Things (IoT). Internet connectivity is expected to show a fast speed with very low latency.A recent study expects explosive growth in 5G wireless subscriptions in the U.S. over the coming years. The study reads The number of US 5G mobile service subscriptions will increase 161.4% to 41.3 million in 2021, with growth expected to continue at tremendous rates for several years. Great time to get in technically as the VZ is in a clear ascending triangle within a larger ascending channel which has been in play for over a year. Given we are at the lower range of this channel I believe its a great time to pick up some VZ which has proven to be a safe stock that does well in times of uncertainty relative to the market as a whole, and can help bring your portfolio's beta or volatility down.
$VZ with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $VZ after a Negative over reaction following its earnings release placing the stock in drift C
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$VZ Chart IdeasThis is a less obvious one, I try not to over-complicate things which is why I am bullish. Since trading is human psychology I am sticking with the simple bullish play instead of the multi-scenario bearish play of which I only charted one here. The other main one is a bounce off the upper support and re-test breakout.
Verizon WirelessLooks like the XLC is down today when compared to yesterday. Went from a 90% stochastic to currently 79% around noon today. I've been watching sector for the past couple of weeks. In my opinion, this company has reasonable financials with a quality product and consistent customer base.
I noticed that price was at a support a few days ago and entered a debit spread last week. However, I want to own the company so I revisited. I saw last that the stochastic was oversold on the Daily, 4 hour, and 1 hour. Everything looks the same outside of the 4 hour. I'm giving this the benefit of doubt because of the way the market opened today. Price is still at support or close by and I have used the Fibonacci tool to retrace the previous high up to 38-61%.
What do you think?
Could test 55.23 Before a long run starts!Hi Guys how are you? This is just a little idea bout Verizon VZ. Amazing company, such a low P/E because it nobody likes it but I would not be afraid of getting some shares here.
VERIZON VZ : DETAILED FUNDAMENTAL ANALYSIS | SHORT VIEW ⭐️Despite the fact that VZ stock has consistently lagged behind the S&P 500, it is still a stock of interest to income-oriented investors because of its dividend yield. Nonetheless, if 5G wireless services once again lead to revenue and earnings growth, Verizon stock could become much more attractive.
The problem is that competition in the 5G wireless market is foreseen to strengthen. T-Mobile US's acquisition of Sprint has formed a more robust contender for Verizon Communications and AT&T. T-Mobile owns the most radio spectrum for 5G wireless services.
Moreover, AT&T lately decided to merge its WarnerMedia division with Discovery. As a result, a reduced AT&T is assumed to have more funds to invest in 5G wireless technology and fiber services.
VZ on May 3 sold 90 percent of its media and advertising business to Apollo Global Management for $5 billion. The deal is planned to conclude by the end of this year.
Besides, Verizon stock was the top bidder in the recent state auction of the mid-band radio spectrum. Verizon spent $53 billion, including incentive payments to satellite operators and clearing costs. This spending will postpone the VZ stock buyback for several years.
At its March 10 investor day, Verizon said it expects revenue growth of 4% or more in 2024 as the company expands 5G wireless services. The company forecasts revenue growth of 2 percent in 2021, the same as its previous forecast. The company says that growth will increase to 3% in 2022 and 2023.
Now that Verizon owns enough 5G midrange spectrum, network development will be pivotal. Verizon plans to reach 175 million users by the end of 2022 with 5G services based on a medium-frequency spectrum that delivers faster data speeds.
Also, Verizon stated that 5G mobile services will lead more consumers to switch to unlimited monthly plans. Currently, 61 percent of subscribers have unlimited data plans, up from 40 percent three years ago.
Verizon also told analysts that it plans to use a 5G mid-band spectrum to provide fixed broadband services in homes. Currently, cable TV companies dominate residential broadband.
The telecom company said its fixed broadband service will reach 30 million homes by the end of 2023.
The management awaits 5G business services to expand next year. The company is investing in "mobile computing centers" that provide private 5G business services.
The telecommunications company plans to spend another $10 billion over the next three years to build a 5G wireless network infrastructure. That's about $3.3 billion a year. That's in addition to the $18 billion a year the company already spends to maintain its entire network. Some of that money is already earmarked for 5G.
Verizon and rival telecommunications company AT&T are seen as defensive stocks because of their high dividends. Verizon stock, a component of the Dow, pays a 4.6 percent dividend.
Verizon has less debt than AT&T, which acquired media giant Time Warner and previously satellite TV company DirecTV. Although Verizon has avoided major acquisitions, its attempt to enter the media business by acquiring AOL and Yahoo was ultimately a failure. In 2018, the company wrote off the value of its media business, called Oath, to the tune of $4.6 billion.
New York-based Verizon has partnered with Walt Disney on streaming video. In August, Disney and Verizon expanded their streaming partnership to include Hulu and ESPN+. Verizon is also partnering with Apple Music and sports leagues.
Verizon is much more exposed to the U.S. wireless market than rival telecommunications company AT&T. Verizon derives nearly 85% of its adjusted profits from its wireless business.
The company has reduced debt since it bought Vodafone Group's 45% stake in the wireless joint venture for $130 billion in early 2014.
In addition, the company has new senior management. CEO Hans Vestberg was CEO of network equipment maker Ericsson before joining Verizon. Vestberg and Chief Strategy Officer Rima Qureshi, also an Ericsson veteran, joined Verizon five years ago.
Ronan Dunne, Verizon's head of consumer business, was previously CEO of the U.K. wireless company O2. He joined Verizon in 2016.
To be sure, revenue growth remains an issue. Verizon's long-term problem is that the U.S. wireless market is oversaturated.
Many consumers are putting off upgrading to new smartphones. In addition, data-intensive mobile video isn't generating much revenue.
For the March quarter, Verizon reported earnings of $1.31 per adjusted share, excluding items. Revenue rose 4 percent to $32.9 billion.
Last year, Verizon earned $1.26 per share on revenue of $31.6 billion. Analysts had projected Verizon earnings of $1.29 per share on revenue of $32.47 billion.
Wireless revenue rose 2.4 percent to $16.7 billion. Verizon said it lost 178,000 postpaid wireless subscribers against analysts' forecast of 198,000.
Analysts expect wireless subscriber growth to resume in the June quarter.
For 2021, Verizon expects adjusted earnings per share in the range of $5 to $5.15 per share. The company expects total revenue growth to be at least 2 percent, including wireless revenue growth of at least 3 percent.
