This should be quickDow is hitting the top of the channel. But check all the noise under it. I'm buying puts tomorrow and selling them at the end of the day or the next day. Isn't worth to hold too long in this environment.
Puts
RH Options Ahead Of EarningsIf you haven`t sold RH here:
Then you should know that looking at the RH options chain ahead of earnings , I would buy the $245 strike price Calls with
2023-4-21 expiration date for about
$15.10 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
KIRK Kirkland's, Inc. Options Ahead Of EarningsLooking at the KIRK Kirkland's, Inc. options chain ahead of earnings , i would buy the $3 strike price Puts with
2023-4-21 expiration date for about
$0.55 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
GIS General Mills Options Ahead Of EarningsIf you haven`t bought my last GIS signal:
Then you should know that looking at the GIS General Mills options chain ahead of earnings , I would buy the $85 strike price Calls with
2024-1-19 expiration date for about
$4.40 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
Tesla Is About To Sink. Get PUTS Ready!!!!
Tesla Is About To Sink. Get PUTS Ready!!!!
Currently Tesla (TSLA) is in a Downward Channel. At the top of the channel I have charted three areas of resistance. On the Chart I've listed them as Weak to Strong. Tesla last low maintained a little over $100, saving its rep of trading in the three digits. I honestly think with the approach of Earnings on April 24th Tesla will Hit a new low, lower than $99. I'll List below things I'm watching to managed this thesis. Stay Bless and Happy Trading. And also ill be going live and share a Video on my thoughts on this TRADE with levels. (IM USING A SIM ACCOUNT)
Feel Free to Share your Thoughts By leaving a Message Or DM
Go Easy On Me, Im New To This. ;)
1.Market Breadth in the S&P 500
2.52-Week Highs & Lows (MAHP & MALP)
3.Advance Decline Line
4.Price Exhaustion at the top of the downward channel NASDAQ:TSLA
5.Option flow (Put Call Ratio) in the resistance level of Channel.
6.VIX
7.Price Action Before Earnings (that's the purple line on the chart)
SQ Block Options Ahead of EarningsLooking at the SQ Block options chain ahead of earnings , I would buy the $72 strike price Puts with
2023-3-3 expiration date for about
$3.33 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
$DXY - Going for the jugularMy previous idea was for $SPY to seek a channel support break to $387 before potential retracement back into channel. Today $DXY failed to break $102 level, and may retest immediate support below before kicking off a new upwards move, causing another leg down on SPY.
I am long despite possible near-term retracement.
$DXY - Shoot your shot!If the US dollar index shows strength, $SPY may break the lower TL. Right now, DXY seems to be just going sideways in this formation but I am long overall.
$NVDA - Retracement Incoming$NVDA looks bullish & broke the upward trend. Noting a similar pattern to Jan. Retest of gray trend line possible in near-term but shorts should buy time for Jun+ for lower risk.
I'm focused on shorting $SPY, but will enter NVDA lightly for Jun/Sep $250/260P for risk to reward.
BAC BROKEN DOWN FROM DIAMOND now in continuation Looks like the diamond pattern has broken completely and price project is down to approx 25 - 23.
Coincidently the june 16th $23 puts have seen massive action yesterday (3/16/23) and today 3/17/23
Do you see what I see, yes or no, any thoughts otherwise or in agreement?
Descending broadening wedgeUpdated lines from previous mention. Pattern is looking to take shape. Let's see how it plays out. This is a bullish pattern, but should drop to or below 165.
Put Play on SQCharting on the daily, I think SQ is in a nice set up for a put play. The downward trend that has been created has been touched twice. At each point of contact there was a follow through of selling pressure. The selling pressure has also caused weakness within the new support area. I am concern about the amount of time it make take for this plan to carryout.
Descending broadening wedgeLooks like we have a nice descending broadening wedge formation. We are more then likely heading down within the pattern, around 165. Note this is a bullish pattern but we shouldn't break new highs until we hit these lows.
Not financial advice. Always do your DD.
XRT short - below .618 Fib levelRejecting down trendline, below 50 DMA and the option flow ratio for March 17th is 4:1 puts.
Very strong numbers from economy today, which means the FED will have to raise rates again at some point this year.
I have been following the FOMC for 6 years, take every meeting cautiously. We also have CPI numbers on the 14th.
I am holding MArch 24th 61 puts at $1.15
GL!
QFIN 360 DigiTech Options Ahead of EarningsLooking at the QFIN 360 DigiTech options chain ahead of earnings , I would buy the $22.5 strike price Calls with
2023-5-19 expiration date for about
$2.30 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
$NFLX going down hard NFLX top looks like it wants that gap fill to 324 area. Looks like it can come quick
Heads UPEvery time RSI on the PUT Write index takes a sharp turn down (like now), the market is shaping a sharp correction.
Long COIN Mar 17 '23 $50 PutHigher for longer rates are bad for risk assets. COIN has broken its uptrend and I look for the stock to move lower over the coming month. For a trade I went long the Mar 17 '23 $50 Put on COIN. We shall see.
KO Coca-Cola Options Ahead of EarningsLooking at the KO The Coca-Cola Company options chain ahead of earnings , I would buy the $60 strike price Calls with
2023-8-18 expiration date for about
$3.30 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
I have chosen that expiration date to allow me to be wrong and not close the position and to have a bigger gain by the expiration date, if KO keeps on climbing.
Looking forward to read your opinion about it.
AN AutoNation Options Ahead of EarningsI`m targeting a Double Bottom this year!
Looking at the AN AutoNation options chain ahead of earnings , I would buy the $95 strike price Puts with
2023-7-21 expiration date for about
$2.50 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
SARKShort ARKK interests me a lot actually here for a re-test of at least 45$.
Pulling back into the anchored vWAP cloud now.
CVS Health Corporation Options Ahead of EarningsLooking at the CVS Health Corporation options chain ahead of earnings , I would buy the $87.5 strike price Calls with
2023-2-17 expiration date for about
$1.2 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
