NVDA - MyMI Options - CallsAfter confirming NVDA did indeed not only hold above those $457-8s today for the 2nd time and then breaking back into that higher level channel, I have purchased some Calls for either a $480 retest at the top of it's upper channel again to ultimately settle in that channel moving forward.
Stay tuned for more!
Calls
STT State Street Corporation Options Ahead of EarningsAnalyzing the options chain of STT State Street Corporation prior to the earnings report this week,
I would consider purchasing the 75usd strike price Puts with
an expiration date of 7/21/2023,
for a premium of approximately $1.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
TSLA - MyMI Option Plays - July CallsThis morning's CPI numbers sent most stocks up fairly nicely this morning. TSLA being one of those in which we were looking for a support breakdown potentially if those CPI numbers were at least more than expected.
I'm happy with the CPI Numbers, if the markets are, so we are following suit with Calls going into September Fed Decision.
DPZ - MyMI Option Plays - CallsAfter announcing their partnership with UberEats and others, we had an explosive breakout this morning to $409.47 this morning, breaking above the $394.99 Level of Resistance before pulling back below and hitting the 50% Retracement Level ($378.50) before starting to retest that $394 Level.
I'm looking for a potential $419 retest at least, if not higher those $443 Levels of Resistance that never became support.
While showing a longer timeframe to show all Fib Retracement Levels that we're watching.
PEP PepsiCo Options Ahead of EarningsIf you haven`t bought PEP here:
or sold it here:
Then analyzing the options chain of PEP PepsiCo prior to the earnings report this week,
I would consider purchasing the 180usd strike price Calls with
an expiration date of 2023-7-14,
for a premium of approximately $0.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
LEVI Levi Strauss Options Ahead of EarningsIf you haven`t bought LEVI here:
Then you should know that analyzing the options chain of LEVI Levi Strauss prior to the earnings report this week,
I would consider purchasing the 14usd strike price at the money Calls with
an expiration date of 2023-7-21,
for a premium of approximately $0.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
FDX FedEx Corporation Options Ahead of EarningsIf you haven`t sold FDX here:
Then analyzing the options chain of FDX FedEx Corporation prior to the earnings report this week,
I would consider purchasing the 250usd strike price Calls with
an expiration date of 2023-7-21
for a premium of approximately $3.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it!
NKE NIKE Options Ahead of EarningsIf you haven`t sold NKE here:
or reentered here:
Then you should know that NKE is currently trading at $109.52, and based on the following analyst ratings, there is a slightly bullish sentiment surrounding the stock.
Barclays has maintained a Buy rating on Nike, setting a price target of $127.00.
Additionally, Goldman Sachs also maintained a Buy rating on the stock, with a higher price target of $144.00.
Furthermore, Wedbush recently raised NIKE's Q4 2023 earnings estimates to $0.73 EPS, indicating positive growth compared to the previous estimate of $0.69.
These analyst ratings and revised earnings estimates suggest a slightly positive outlook for NKE.
Now Analyzing the options chain of NKE NIKE prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 9/15/2023,
for a premium of approximately $6.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
GMS Options Ahead of EarningsAnalyzing the options chain of GME GameStop prior to the earnings report this week,
I would consider purchasing the 65usd strike price in the money Calls with
an expiration date of 2023-7-21,
for a premium of approximately $4.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Walt Disney Call Option TradeGood morning to everyone.Im here to learn by receiving and sharing whats posted and sharing what i see in the market. This is a trade im currently watching on Disney. im waiting for a brake around 90.60. My levels and interest to purchase are at 1st 87.48 - 87.00 2nd 84.36 - 84.07 These two levels i see as nice bounces for a Call Option and my last level of intrest is 81.19 - 79.08 this level i would be intrested in purchasing shares and Call Option with a nice experation date. Each trade will need the confirmation of support follwed by a power candle before entry. I also charted down from the Daily to the 15 Minute time frame. please share perspectives.
📊 Exploring Basic Options StrategiesOptions are contracts that grant buyers the right, but not the obligation, to buy or sell a security at a predetermined price in the future. Buyers pay a premium for this privilege. If market conditions are unfavorable, option holders can let the option expire without exercising it, limiting potential losses to the premium paid. Options are categorized as "call" or "put" contracts, allowing buyers to purchase or sell the underlying asset at a specified price. Beginner investors can employ various strategies using calls or puts to manage risk, including directional bets and hedging techniques.
🔹 Buying Calls (Long Calls)
Trading options offers advantages for those who want to make a directional bet in the market. It allows traders to buy call options, which require less capital than purchasing the underlying asset, and limits losses to the premium paid if the price goes down. This strategy is suitable for traders who are confident about a specific stock, ETF, or index fund and want to manage risk. Additionally, options provide leverage, enabling traders to amplify potential gains by using smaller amounts of capital compared to trading the underlying asset directly. For example, instead of investing $10,000 to buy 100 shares of a $100 stock, traders can spend $2,000 on a call contract with a strike price 10% higher than the current market price.
🔹 Buying Puts (Long Puts)
Put options provide the holder with the right to sell the underlying asset at a predetermined price before the contract expires. This strategy is favored by traders who hold a bearish view on a specific stock, ETF, or index but want to limit their risk compared to short-selling. It also allows traders to utilize leverage to capitalize on declining prices. Unlike call options that benefit from price increases, put options increase in value as the underlying asset's price decreases. While short-selling also profits from price declines, the risk is unlimited as prices can theoretically rise infinitely. In contrast, if the underlying asset's price exceeds the strike price of a put option, the option simply expires without value.
🔹 Covered Calls
A covered call strategy involves selling a call option on an existing long position in the underlying asset. This approach is different from simply buying a call or put option. Traders who use covered calls expect little or no change in the underlying asset's price and want to collect the option premium as income. They are willing to limit the upside potential of their position in exchange for some downside protection.
🔹 Risk/Reward
A long straddle strategy involves purchasing both a call option and a put option simultaneously. While the cost of a long straddle is higher than buying either a call or put option alone, the maximum potential loss is limited to the amount paid for the straddle. On the other hand, the potential reward is theoretically unlimited on the upside. However, the downside is capped at the strike price. For example, if you own a $20 straddle and the stock price drops to zero, the maximum profit you can make is $20.
👤 @QuantVue
📅 Daily Ideas about market update, psychology & indicators
❤️ If you appreciate our work, please like, comment and follow ❤️
GM General Motors Company Options Ahead of EarningsAnalyzing the options chain of GM General Motors Company prior to the earnings report this week,
I would consider purchasing the 45usd strike price Calls with
an expiration date of 2024-1-19
for a premium of approximately $1.14.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
CGNT Cognyte Software Options Ahead of EarningsAnalyzing the options chain of CGNT Cognyte Software prior to the earnings report this week,
I would consider purchasing the 7.50usd strike price in the money Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.67.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ORCL Oracle Corporation If you haven`t bought ORCL here:
Then analyzing the options chain of ORCL Oracle Corporation prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2023-7-21,
for a premium of approximately $4.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
AI - MyMI Option Plays - $40 July Call OptionsWe just repositioned myself with some share purchases in the After-Hours on Friday and after watching the open this morning, we decided to purchase some CALL C3 AI INC CL A $40 EXP 07/21/23 as I expect this to retrace back at the $38 Dollar Price Level and form continuation in it's growth pattern setting it up for becoming a future power house for a stock!
GTLB GitLab Options Ahead of EarningsAnalyzing the options chain of GTLB GitLab prior to the earnings report this week,
I would consider purchasing the 30usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $5.35.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ZS Zscaler Options Ahead of EarningsIf you haven`t sold ZS here:
then Analyzing the options chain of ZS Zscaler prior to the earnings report this week,
I would consider purchasing the 130usd strike price at the money Calls with
an expiration date of 2023-6-9,
for a premium of approximately $7.60
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.