This is what I'm looking at, whether it's true or not, I think the opportunity is to the downside. We'll see how the end of the day shakes out.
Interesting stock as always, this can look week one day and rally 3% the next so I wanted to pull back to weekly and see what we have. Since $3,191 we have a general uptrend with a second test of the $3,700's. If this holds as the low on Monday, I would like to see $3,600 by end of week. My small play currently is a $3,750/$3,850 12/23 call spread. There is no way...
Don't fight the trend...I broke it, but was able to admit defeat and sell this morning and move on. Two learnings: 1. Don't fight the trend (everyone should already know this)...I am ok taking the risk if I am willing to get out early when I am wrong and not double down on a losing trade. So plan executed there. 2. Don't FOMO, if we end up turning around on...
My analysis is...I think Rivian's valuation is stupid, they might make cool cars, but it took $TSLA forever to get it right with supply chain, distribution etc... $100 puts for any time frame seem undervalued. No position, will watch and chart.
This company has a solid future, Q1 2022 should be a good quarter for sales on their migraine medication delivered through a nasal spray. I like the stock in 2022 as a potential to double or more. Will be on watch for a play.
No position, but watching for my next entry. I like the hold of the $200 level, couldn't break $210 and hold yet. Will be on watch next week for breaking $210 or falling below $200. Until next week on this one.
I haven't played this in awhile, looking weak today but at a line I drew as a potential to hold. I would try a 12/23 $3,750/$3,850 call spread at $1.82 for a flier that we rebound hard next week. Close out at 50% loss if we fail through this line...
Been tracking this as a beaten down meme stock, that could get some legs again and run. Don't want to risk much, but 2 days ago this touched $3.95. If we start well on Monday, perhaps we can clear $4 next week. Risky, but I'll try a few $4 calls at $0.09 for next week. Could pair with a few $3.50 puts at $0.16, maybe a ratio of 5/1 calls to puts...
Looking for signs of life, but I'm not seeing any yet. Recent Downgrade, poor news on Taco Bell carne test. Positives? They have a lot of cash for now, so they can ride out weakness without an offering for awhile. I would stay away until some positive news.
Opportunity hear with a retest of the VWAP, going a little longer term with some $230 1/21/22 calls at $1.00 even. Will turn it into a spread eventually or perhaps sell same week calls to fund. Now to find the downside protection for this.
Closed out the $260 puts this morning at $20 average, moved on for now. Will come back when I want to set up another strangle.
If this can't reclaim $280, seems like we go down to the $240's soon, maybe $220's to find a new base. Still have a strangle that includes a $260 put into tomorrow...
If we can't hold $1,500, it might be time to look at a short spread a few weeks out to see if we pull back more into the end of the year.
Consolidation for a few days, will risk off AAPL dollars move to risk off Amazon?
We'll see what happens in the general market, but after this pull back day there could be some opportunities for next week calls.
So far did not like the $210-$212 range, market weakness today also causing issues. Close out the same week plays, $205 put to cover calls helped out. Will reassess end of week for more long term spreads.
This thing keep running on strength, once it settles down or even if money shifts elsewhere, I would like to see a pull back to $170. Trying a $170 12/17 put at $1.67.
Next week $1 calls, or January $1.50's look interesting as we try and find a bottom. Could move fast over a few day period if we get some volume.