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cb247 Updated 

Reason: IVR 100% It is Volatile It is range bound Sell strangles on this stock 18Jan19 put @ 25 18Jan19 call @ 80 $4.5 credit collected Take Profit: 1/3 - 2/3 of credit Stop Loss: 2X of credit

cb247 Updated 

Reason to take this trade: market panic selling, IVR is at 100% Put on Nov 16 naked 350 call for $5 per share, juicy premium to collect Target Profit: 1/3 - 2/3 of premium Stop Loss: 1x of premium collected Trade duration target 3 - 8 trading days

cb247

GE is in the downtrend channel, short it Target profit at 10.5 stop loss: 12.1 risk reward ratio: 1: 2

cb247 Updated 

Why put on this naked call short options strategy? 1. IV Rank was 61% 2. mid-term bearish 3. skew to the call side collected $2.49 premium. use 190 strike , 79% probability of profit use Nov 17 expiration date, more premium take profit at 1/3 - 3/4 of credit collected. stop loss at 2x of premium collected or roll out to next month.

cb247 Updated 

Justification for putting on this strategy: Hi IV percentile, 89% 170 strike is long term support level. TSLA has been downtrend for the past two weeks. credit collected $5.4 Probability of Profit: 90% TP level: 1/3 - 2/3 of credit collected StopLoss level: 2x

cb247 Updated 

AMD reached all time high since 2007, it simply went parabolic. Sell 4 naked calls @ Oct 19 options with Strike of 35 for $0.70 credit per contract. Target profit: 1/3 - 1/2 of Max profit Stop loss: 2X of credit received

cb247 Updated 

We see CRON stock parabolic run during the past two weeks. Perfect set up for sell strangle options strategy Sell Oct 19 17.5 Call and 7.5 put for 1.18 credit with 4 contracts. Max Profit: $442 Propbability of profit: 73% Take profit at 1/3 of credit and stop loss at 2X of credit

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Box stock after earnings, Implied Volatility Rank kept 99%. Sell Oct 19 Strangle options: put@21 call @30 $1.20 credit profit collected Market neutral outlook. Take profit at 50% of credit, and stop loss at 2x of credit.

cb247 Updated 

200 moving average up, bullish trend. One hour day trade set up: Entry: buy at current level (up trend support line) TP: major resistance on higher time frame zone. SL: range bound support line. RR ratio of 1:1

cb247

sp500 reached 618 retracement from swing high to swing low, so expect small retracement to nearest support line, so a long trade set up with buy limit order. It is a long trade because: MACD is above zero line and it is in the uptrend channel. TP at major downtrend resistance line SL at next resistance RR of 2:1

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200 moving average up, bullish trend up triangle pattern formed with upward buying pressure swing trading setup: entry at 4 hour downtrend support line sl at triangle support line, tp at major resistance line RR of 2:1

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Weekly chart it shows price dipped between 200 SMA and long term lower low line, MACD shows downtrend momentum. ATR shows low volatility, market is consolidating. Set short limit order, short limit at 106, sl at 108, tp at 100, rr of 2:1.

cb247

1Hr 50 sma is up, nice separation from 15 ema, so bullish on hourly chart. Stochastic reach oversold area MACD showing the positive momentum in upward trend. momentum is aligned between hr and 4hr. Set up a buy limit order at round number: 1.2330 stop loss at previous low of round number: 1.2260 take profit of previous high : 1.24 RR of 1: 1

cb247 Updated 

bearish on usdjpy due to major down trend of MA. short set up: TP: 105.50 SL: 106.20 RR of 2:1

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Strong upward trend on 1hr/4hr/1d, so bullish Fib retrace at 38% from higher high to pull back. Used the same Fib retrace level to measure current pull back possibility level, which resides at 1.3000. As 1.3 is key psychological line of being support/resistance line, set up a buy limit on this line. buy limit Entry of 1.3 stop loss of last low of 50 pip...

cb247 Updated 

Daily Chart, RSI ticking up, in adding engulfing candle stick pattern, so bullish. near term resistance line near term target profit around 10050, next profit target line 11000.

cb247 Updated 

Overall bullish because: 1. Fib retrace at 61.8% and retested twice 2. MACD line cross above signal line 3. Last three bars are higher high Expecting bar will break the downtrend line and come back to retest the trend line and finally take off for target line. Set up a buy limit order at 21742, tp at 22390, sl at 21210, RR of 1:1.

cb247 Updated 

Range bound buy limit order Entry: 0.72950 sl: previous low 0.7200 tp: last high 0.74110 trail off if moves higher