UDAY_C_Santhakumar

UDAY_C_Santhakumar

Wizard Updated 

Another 4 tickers for your watch list. I am surprised to see how many short trades are showing up on a day to day basis. Very few Long setups. *******Eyes open for Sector Rotation******* If the market breaks out.... I

UDAY_C_Santhakumar

Wizard Updated 

This mild rally.... will it last? Looking bright to fade. Will trade options on one of these. LUV - 75% IV, 30% IVP. Sizzle - 50% UAL - 110% IV, 33% IVP, Sizzle - 45% DAL - 95% IV, 25% IVP, Sizzle - 50% AAL - 136%IV, 33% IVP, Sizzle - 45% - Makes sense. Says a story for every every option trader out there. The risk of AAL going down is huge. First thing -...

UDAY_C_Santhakumar

Wizard Updated 

This is another contrarian short setup developed from today's market action. We cannot expect anything less than this after the wild market rally today. Yes, the markets are rallying, but I am skeptical. Positive Bullish Stories can be built for each of these, DIS - may start seeing traffic, Lulu should see more customers with Gyms on the verge of opening and...

UDAY_C_Santhakumar

Wizard Updated 

In w/ Back Ratio Spread on this. What do I have to lose. If It moves to retest $40. I will make $$$, If it goes ape **** and runs away to $60 I will keep the tiny $ credit from the spread. As long as it doesnt chop in a range. I make $, whether it is $ or $$$$ is a waiting game.

UDAY_C_Santhakumar

Wizard Updated 

This is another set of early long setup scan results from my pullback strategies. Remember - A good trade is - Definable, Manageable and then Profitable. So, Define your Risk, Manage your Risk and eventually you will be profitable. Good Luck. If trading options - The Vol Skew can be your best friend. Choice of Strike defines your Profitable Trades.

UDAY_C_Santhakumar

Wizard Updated 

JNJ - Looking to go long if an entry happens. CAH, PYPL, CRSP - Looking to go short, soon I sense weakness in the stock. Use your entry and exit methods. Trading success not only relies on Setup, but also on ENTRY and EXIT. NOTE - Its easy to manage a winning trade, What defines a successful trader is how he manages losing trade......... Define, Manage...

UDAY_C_Santhakumar

Wizard

VVIX is the volatility of VIX. Comparing them would give you a bit more insight. The risk in the market is not off the table my friends. As you can see, VIX is still hovering in the red zone. Watch, Watch and Watch. BTW, for those who dont know VIX is always quoted in %. That's why the zones start at 10% and go to 50%. Beyond 50% is uncharted territory. Market...

UDAY_C_Santhakumar

Wizard

Squeeze - Volatility Vix is still above 30. Violent move is about to happen. Cannot pick direction yet. But wait for it to unfold

UDAY_C_Santhakumar

Wizard Updated 

Now, I try to see if there are meaniful entries in these stocks. With a small size hedged positions using options. Long or not? I hope for Long and I wish I can be right. ;) Post your comments, Lets start a discussion.

UDAY_C_Santhakumar

Wizard Updated 

No interest in trading options for this. This is "Probability to Bounce" based setup. Which means you got 75% prob, this will go down. If the plan doesn't work. Dont get in. If in and goes wrong, get out.

UDAY_C_Santhakumar

Wizard Updated 

How many times we wanted to trade a squeeze and never had a good timing? I faced it everytime. Now I have built the Squeeze trigger indicator with confirmation. I am sure this is much sought knowledge and my ultimate squeeze indicator (has been copied to an extent by TTM or Simpler trading) already. To avoid the risk of exposing the code. I am going to keep...

UDAY_C_Santhakumar

Wizard Updated 

As you can see, how the UCS_PTB adds the much needed confidence in getting in on a pullback. Of course its not a holy grail. But It just improves the probability of successful trades. With Proper measures of StopLoss and Target. You will be consistently repeat the strategy.

UDAY_C_Santhakumar

Wizard Updated 

With 100% implied volatility - and 3 month options costing 225% of Implied Vol. You can safely bet on a short, soon you pick the top with your fav strategy. Analysis - This whole run up is for a huge offering. Company has no cash or cash equivalent. Upcoming obligations - $342k + unknown research cost and operating expenses. If I read this correctly, About...

UDAY_C_Santhakumar

Wizard Updated 

This consolidation against a multi year resistance is key. This could potentially roll over (High Prob) or Breakout and go higher (Low Prob). Depending on what you choose, please use your entry and exit techniques. Cut your losses if it goes against you.

UDAY_C_Santhakumar

Wizard Updated 

BA A simple UCS Ultimate Squeeze with UCS RSG Scan. Only interested in a breakout up. As the Squeeze shows that the resistance to the upside is more than the downside. When that resistance is taken out, you get more energy in the stock to move.

UDAY_C_Santhakumar

Wizard Updated 

The manageable way to setup option position for such a breakout IMO is. Get in with a Debit Spread, in this case Call Debit Spread (Buy 16, Sell 20 strikes) (Buy open 16 and Sell open 20) If the breakout runs greater than $20, you can take the profit. If the breakout turns out to be fake, Roll the sold 20 strikes to 13 strike. I.e., Buy to close the 20 strikes...

UDAY_C_Santhakumar

Wizard Updated 

Hey All, This is my forcast. Do not stick the levels showns to the T. Establish your own support and resistance lines. As of now, I am all cash on my 401k. Do not want any exposure of long (Too Risky).

UDAY_C_Santhakumar

Wizard

Combining the Steve Primo Strategy with UCS_Probability to bounce. Boost your probability of successful picks. Links to both Indicators below. Let me know if you want me to start a stream on How I scan, setup trades etc.