


So we netted a 2000% return on Dave & Busters puts, let's take a look at another bigger name is a small earnings group of mostly no names. LULU should be a good play. STRADDLE this with some options. I'll give us an upside potential of $183.00 and if things get ugly a downside target of $133.00. Let me know your thoughts in the comments below and have a great day.
Earnings after hours setting up for a big move. Straddler and take the $ NASDAQ:PLAY
AMRS has a lot going on, one could make a case for several patterns, but on earnings, it helps to scope out and look for the plays that can post big moves. This leads to profitable options trading opportunities. I usually take my own advice and straddle when I find the big movers, but when you pioneer a pattern called the slingshot you hammer calls, slam beers,...
NASDAQ:SESN SESN broke out of a fat triangle measured move is to $7.65, but we'll probably pull back to the 61.8 Fibonacci ($1.65ish) and fill the gap before higher prices. Should get approval by FDA by EOY (82% chance) and start announcing global partnerships mid 2020 (6-10 partnerships). Also a shortage for treating this disease so FDA has it fast tracked....
Simple Triangle Pattern with a huge potential measured move (green line). XRP has been getting denied hard at the upper level of the triangle, but when she breaks she will fly. Historically when BTC was in the 8000's or 7,000 etc. XRP was .80's or .70's I think she slingshots out of here and makes some moves up into the .80 cent range.
Rising Wedge, will we hit the target? Will probably take some time to hit it but seeing similar pattern in BAC etc. Hit me with a follow and let's retire.
Long-term look at SPX. Possible diamond top pattern down to the bottom of the channel. Keep in mind this is the monthly chart and everything takes time. Strong bearish divergence on the MACD as well as the RSI. Let the sentiment get super bullish (getting close) and then the rug shall be pulled out.
Good straddle opportunity with earnings after hours today. If you are feeling it go with Puts, either way expecting a big move on this one.