SPWR SunPower Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of SPWR SunPower Corporation prior to the earnings report this week,
I would consider purchasing the 4usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $0.99.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Option
VIG PutVIG - Buy Mar-15-24 175 Puts @ 1.8 Limit to Open
Oscillator extended, markets seem to make that continual stretch to the upside, risky but probable short term retracement.
AFRM Affirm Holdings Options Ahead of EarningsAnalyzing the options chain and the chart patterns of AFRM Affirm Holdings prior to the earnings report this week,
I would consider purchasing the 37.50usd strike price Puts with
an expiration date of 2024-3-15,
for a premium of approximately $3.57.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AMZN Amazon Options Ahead of EarningsAnalyzing the options chain and the chart patterns of AMZN Amazon prior to the earnings report this week,
I would consider purchasing the 160usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $19.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MA Mastercard Options Ahead of EarningsIf you haven`t sold MA on its exposure to Russia news:
Then analyzing the options chain and the chart patterns of MA Mastercard prior to the earnings report this week,
I would consider purchasing the 450usd strike price Calls with
an expiration date of 2024-3-15,
for a premium of approximately $7.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AMGN Amgen Options Ahead of EarningsIf you haven`t sold AMGN ahead of the HZNP buyout:
Then analyzing the options chain and the chart patterns of AMGN Amgen prior to the earnings report this week,
I would consider purchasing the $322.5 strike price Calls with
an expiration date of 2024-2-9,
for a premium of approximately $6.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
📊 Earnings Edge: Diagonal Debit Dynamics - #2 Trade in 20242024 Trading Challenge Entry #2: Diary of an Option Trader
💡 Trade Overview:
I noticed LLY soaring on the TradingView stock heatmap today. Observing the monthly chart of AMEX:XLE (healthcare sector), it has been mostly sideways for years. However, in the past two days, NYSE:LLY has demonstrated strong bullish movement with increasing volume, indicating a potential uptrend. I strategized to profit from a possible breakout or continued trend within an ascending triangle pattern.
📊 Option Strategy choice:
Given the high IVR of 42 and an upcoming earnings report on February 6th before market, I anticipate further price rise. I pondered various strategies:
Single leg call: Not preferable due to increasing breakeven with time.
Naked put/credit vertical spread: Not ideal close to earnings, expecting IVR increase.
OTM calendar: Avoided due to back month’s illiquidity.
ATM calendar: Lower upper breakeven point was a concern.
Noticing that IV was higher for the front-month compared to the back-month, likely due to the nearing earnings, I decided a diagonal put debit strategy was ideal to allow significant upside potential while benefiting from minor retracements as time progresses and speculating on an IVR increase.
📊 Diagonal put debit Position Legs:
Chosen structure and execution details:
Buy LLY Mar 15, 2024, 600.00 PUT at 27.48 (Quantity: 1)
Sell LLY Feb 16, 2024, 610.00 PUT at 26.57 (Quantity: 1)
Trade Details & Key Metrics:
Symbol : LLY
Date/Time : 2024-01-03 15:00
POP : 54%
Required Buying Power ( Req.BP ): $1090
IVR : 44
Price : buying for $0.91 debit
Front month leg : February 16 @610 x 1 PUT
Back month leg : March 15 @600 x -1 PUT
📈 My Risk Tolerance:
For the 2024 trading challenge (goal: FWB:12K to $30k), I’m limiting floating losses to 1.5% per position, thus not tolerating more than a $175 loss. This threshold is approximately around a 590 strike price. While I’m comfortable with a considerable upside range, the upper breakeven at front month expiration is around a 711 strike, increasing to 760 at 21 DTE.
🎯 My Profit Target:
I’m aiming for about 2x the allowed loss, approximately around $300, but will consider taking profits if the price approaches the optimal equity curve point near a 650 strike. Realizing profits is always the more gratifying part of trading!
ANYWAY: HIT THE 🚀 BUTTON ABOVE!
This trade is part of my 2024 option trading challenge , where I aim to turn a 12k account above $30K 💰 (details in signature and my profile page) .
PTON Peloton Interactive Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PTON Peloton Interactive prior to the earnings report this week,
I would consider purchasing the 8usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $1.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
PTON might be a buyout this year. From one of these giants: AAPL, AMZN or NKE!
AAPL Apple Options Ahead of EarningsIf you haven`t bought AAPL ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of AAPL Apple prior to the earnings report this week,
I would consider purchasing the 205usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $13.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
GOOGL Alphabet Options Ahead of EarningsIf you haven`t bought the dip on GOOGL here:
Then analyzing the options chain and the chart patterns of GOOGL Alphabet prior to the earnings report this week,
I would consider purchasing the 155usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $18.55.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
💡 $357 profit with 72% PoP STRANGLE - #1 trade in my challangeTrade Overview:
Initiated my first options trade for the annual challenge on January 2nd with an IWM strangle. Observing high IVR in the index, I capitalized on the recent VIX spike to enter the 45DTE 212/188 strangle for 3.57cr.
Trade Management:
Rolling Strategy: Will roll legs as needed before expiration if price diverges.
Loss Management: With a FWB:12K account, I'm capping floating loss at $200.
Closing Strategy: Targeting to close around 21DTE.
Trade Details:
Symbol: IWM
Option Type: Strangle 45DTE
Entry Date: January 2, 2024
Entry Price: 3.57cr
Required BP: $1681
Max Profit: $357 (20% of capital)
PoP: 72%
Positions:
IWM Feb 16, 2024 212.00 CALL - Sell | Price: 1.76 | Qty: 1 | R. PnL: 0 | Commission: 1.251 | Fees: 0
IWM Feb 16, 2024 188.00 PUT - Sell | Price: 1.81 | Qty: 1 | R. PnL: 0 | Commission: 1.2511 | Fees: 0
Key Metrics:
Tasty IVR: 42 (High)
Breakevens: 184/215
ABT Abbott Laboratories Options Ahead of EarningsIf you haven`t sold the regional top on ABT:
Nor reentered this fantastic dip:
Then analyzing the options chain and the chart patterns of ABT Abbott Laboratories prior to the earnings report this week,
I would consider purchasing the 115usd strike price at the money Calls with
an expiration date of 2024-2-16,
for a premium of approximately $2.26.
The chart is overextended and the RSI overbought, but I think there is one more leg to go before a correction.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
TESLA EARNINGS 23 JAN 2024 PRICE ACTIONThis is complete price action for Tesla. I have clearly mentioned why it should not be traded.
NOTE:AVOID TRADING TESLA
Bank OZK Options Ahead of EarningsIf you haven`t sold OZK here:
Then analyzing the options chain and the chart patterns of Bank OZK prior to the earnings report this week,
I would consider purchasing the 47usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $1.32.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ALLY Ally Financial Options Ahead of EarningsAnalyzing the options chain and the chart patterns of ALLY Ally Financial prior to the earnings report this week,
I would consider purchasing the 31usd strike price Puts with
an expiration date of 2024-2-16,
for a premium of approximately $0.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
buy by R/1 (OP)📊Analysis by AhmadArz:
Trade in low level of renge.
🔍Entry: 3.747
🛑Stop Loss: 3.644
🎯Take Profit: 3.851
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
KBH KB Home Options Ahead of EarningsIf you haven`t sold KBH before the previous earnings:
Then analyzing the options chain and the chart patterns of KBH KB Home prior to the earnings report this week,
I would consider purchasing the 65usd strike price in the money Puts with
an expiration date of 2024-6-21,
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.
BAC Bank of America Corporation Options Ahead of EarningsIf you haven`t bought the dip on BAC here:
Then analyzing the options chain and the chart patterns of BAC Bank of America Corporation prior to the earnings report this week,
I would consider purchasing the 34usd strike price at the money Calls with
an expiration date of 2024-2-16,
for a premium of approximately $1.54.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
#OP/USDT#OP
The price has reached the upper triangle
It achieved nearly 200% rise
Some correction is expected before the rise is completed
Entry point 1.80
First goal 2.28
Second goal 2.66
Third goal 3.00
Beat the Market: How I Strangled $SAVE for Maximum Gains
Technical Summary:
Strategy: Strangle on SAVE stock
Initial Credit: $133 (before commissions and fees)
Maximum Profit: $120
Required Buying Power (req. bp.): $260 for 39 days
Probability of Profit (POP): 85%
IV Rank (IVR): Over 94 post-earnings
Break-even points: Favorably distant due to high IVR
Management opportunities: Anticipated rich rolling options in future
Trade Details (2023-11-06):
Call Sold: 1x SAVE 12/15/23 Call @ $0.80, Strike $15.00
Put Sold: 1x SAVE 12/15/23 Put @ $0.53, Strike $7.50
Commissions and Fees: Minor, deducted from the initial credit
Alright, it's Greg, the TanukiTrader, here to give you the rundown on today's options trading escapades. I took a dive into SAVE stocks which, amidst the earnings aftermath, boasted an IV Rank over 94 due to the hefty market plunge. In the tempest of the airlines' current headwinds, staying cool was the game, and I laid out a strangle to exploit that sweet 85% probability of profit at a 1:2 required buying power ratio—a number I find particularly enticing. The break-evens are sitting pretty, giving us room to breathe, and I'm gunning for a $120 max profit while my obligations are just $260 for the remaining 39 days, thanks to that spicy high IVR. Management options down the line are looking lush, especially when it comes to rolling.
On the ledger, I dispatched a $15 strike SAVE call for $0.80 and a $7.50 strike SAVE put for $0.53, bagging a cool $133 in credit upfront, minor commissions and fees notwithstanding.
To wrap up today's strategy: I positioned a well-balanced strangle on SAVE stock, taking into account the industry's rough patch. My opening balance clocked in at $133 in credit, which promises a rich tapestry of rolling opportunities in the days ahead. On this fine day of November 6, 2023, I have executed the sale of one call and one put option, summing up to $133 in credit, minus the petty cash for costs. Looking forward, I foresee this position offering ample management plays.
SPY WEEKLY|ALL TIME HIGH COMING 18th Dec,2023Spy can do all time high here and I have clearly explained the levels in the analysis. If you have any doubts make sure to DM me.
NOTE:SPY IS TRYING TO DO AN ALL TIME HIGH
GME GameStop Options Ahead of EarningsIf you haven`t sold GME before the previous earnings:
Then analyzing the options chain and the chart patterns of GME GameStop prior to the earnings report this week,
I would consider purchasing the 15usd strike price at the money Calls with
an expiration date of 2024-1-19,
for a premium of approximately $2.63.
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.
CHPT ChargePoint massive falling wedge ahead of earningsAnalyzing the options chain and the chart patterns of CHPT ChargePoint prior to the earnings report this week,
I would consider purchasing the 2usd strike price at the money Calls with
an expiration date of 2023-12-15,
for a premium of approximately $0.24.
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.
