Sold OTM puts and bought OTM calls. Gap to fill at $60. 200ma is the first resistance. Medium term uptrend is still intact after market selloff. High quality stock
Sold ATM puts and purchased shares around 20-21$. Looking for a confirmed double bottom in the 18's and a gap up on earnings to the 200ma. Purchased 17$ puts 10/4 expiration for substantial downside protection, 1:1.5. Way oversold for the amount of current free cash flow generation.
Low risk trade. Hoping for a break out of the triangle upwards on the sad news of deregulation by our lovely incompetent gov. Can't beat em then at least make money off it. Strong bullish daily candles tell me this wants to go higher despite the bearish formation. In either case if the bottom holds I believe that this will march higher.
For education purposes only.
Buying APPN for a swing to 33 then 36, hitting channel support. Great company fundamentally, down 9% today on absolutely no news. Scared money don't make money, stop loss at 29.10. RSI oversold 2-4hr and 1D.
this is for education purposes only not advice
ATVI is nicely oversold in my opinion and a great long term hold. I'm looking to start a position again once I see confirmation of a reversal, looking for a double bottom or strong cross of the 200dma. It's had some weak volume, I would like to see 3+ days of gains that hold then I will consider an entry. Will update.
Purchased Sept $97.50 calls for $0.32. WMT has been forming a bottom for some time, I debated buying shares vs options to capture the dividend but decided I wanted to limit my exposure. If you're so inclined selling a naked put would be even safer IMO. Anyways there's a previous gap around 100 that needs to be filled, looks like a rounding bottom and I like the...
APPN looks like it wants to consolidate at these levels for a while, I started 1/5 of a position, once I have confirmation of a break higher (>34) I will add with the intention of selling covered calls near the highs- if we get there. I think that earnings was really positive, the huge increases in revenue and specifically large contracts that they have been able...
