TSLA loves triangles as she builds pressure for the next big move but now we have a formation that has the declining trend line 2 years in the making and the rising trend line 4 years in the MAKING HUGE. I have been waiting for the 150 or bellow area for long term call accumulation and buying opportunity. TSLA always lays off about a good % of there work force...
the $TSLA January monthly 760 calls from 8.65 10X OVERSIZED are now worth 110 bucks so we now have 117X OVERSIZED PURE PROFIT on options expiring next week. But to lock in or remove some of that risk here we are closing to buy this week 1000 calls same contract amount and double short 880 calls also for this week at 11.00 area. This removes 15X OVERSIZED risk for...
Were looking for bullish leap opportunities and are hopping for any pul back to position into them calls. Here intraday we can see a possible resistance
SPY hit our target for the bounce now and we will create a small day trade with today expire puts 355 5X OVERSIZED , plus already have a larger 355 put position from market highs earlier this week for Friday expire , part of a butterfly 355 350 345 that we legend into and made free
SPY here getting to fib extension resistance that am looking to enter puts weekly as hedge on bullish positions else where
no resistance on AAPL between here and 125. We have 119 calls , short 125 even though may exit them now since they are so cheap and see the potential of bullish continuation with little to no resistance here. I like to use Fib extensions, this chart has both bullish and bearish extensions