Correction coming?SP500 is reaching a strong resistance zone. I think we will see a correction soon. I just reduced my long positions and bought put options on AAPL, COIN and KO for December 8th. I don't take too many risks with options. My big wins are with long positions, one profit on one long trade can erase the loss of 5 or 6 bad options trades. I've already made good profits on this rally, so I'm risking only a fraction of what I made on the puts I just bought.
Puts
ZS Zscaler Options Ahead of EarningsIf you haven`t bought ZS ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of ZS Zscaler prior to the earnings report next week,
I would consider purchasing the 185usd strike price Puts with
an expiration date of 2023-12-15,
for a premium of approximately $6.45.
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.
HTHT H World Group Limited Options Ahead of EarningsAnalyzing the options chain and the chart patterns of HTHT H World Group Limited prior to the earnings report this week,
I would consider purchasing the 35usd strike price in the money Calls with
an expiration date of 2024-1-19,
for a premium of approximately $4.25.
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.
EBAY Options Ahead of EarningsIf you haven`t sold EBAY before the previous earnings:
or here:
Then analyzing the options chain and the chart patterns of EBAY prior to the earnings report this week,
I would consider purchasing the 40usd strike price Puts with
an expiration date of 2023-12-15,
for a premium of approximately $1.65.
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.
MGM Resorts International Options Ahead of EarningsIf you haven`t bought MGM during the Covid pandemic:
Then analyzing the options chain and the chart patterns of MGM Resorts International prior to the earnings report this week,
I would consider purchasing the 39usd strike price Calls with
an expiration date of 2023-12-15,
for a premium of approximately $1.73.
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.
STNE StoneCo Ltd Options Ahead of EarningsIf you haven`t bought STNE when the backed by Buffett company named executive from JPMorgan Chase:
or sold before the previous earnings:
Then analyzing the options chain and the chart patterns of STNE StoneCo Ltd prior to the earnings report this week,
I would consider purchasing the 10usd strike price in the money Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.47.
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.
I'm going to try this againPrice is retesting the broken support. We have here several bearish patterns (see my previous post lines below) and the stock need much more for a come back. It might try to break the resistance but I don't think is going to make it. If my puts expire out of the money I'll buy more and try again.
DKS DICK'S Sporting Goods Options Ahead of EarningsAnalyzing the options chain and the chart patterns of DKS DICK'S Sporting Goods prior to the earnings report this week,
I would consider purchasing the 115usd strike price Puts with
an expiration date of 2023-12-15,
for a premium of approximately $5.40.
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.
SE Sea Limited Options Ahead of EarningsIf you haven`t sold SE here:
Then analyzing the options chain and the chart patterns of SE Sea Limited prior to the earnings report this week,
I would consider purchasing the 45usd strike price at the money Calls with
an expiration date of 2023-12-15,
for a premium of approximately $5.15.
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.
RUM Rumble Options Ahead of EarningsAnalyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week,
I would consider purchasing the 5usd strike price in the money Puts with
an expiration date of 2024-1-19,
for a premium of approximately $0.82.
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.
TESLA 200 PUTS TRADE1. PUTS THESIS :
My bearish outlook on Tesla (TSLA) is rooted in the anticipation of challenges in upcoming quarterly earnings. Key factors include potential production bottlenecks, supply chain disruptions, and increased competition in the electric vehicle (EV) market.
2. Time Horizon:
This is a short to medium-term bearish position. The goal is to capitalize on anticipated negative developments in the next few weeks.
3. Fundamental Analysis:
Recent financial reports indicate growing concerns, including increased costs of production and potential constraints on the cyber truck This, coupled with a slowdown on the EV market and regulatory uncertainties, may impact Tesla's profitability.
4. Catalysts:
Anticipated catalysts for a bearish movement include quarterly earnings reports, any announcements related to production challenges, and regulatory developments affecting the EV industry.
5. Risk Management:
Recognizing the risks involved, a stop-loss strategy is in place to limit potential losses. The focus is on maintaining discipline and adhering to predetermined risk thresholds. 30%
In conclusion, this bearish trade on TSLA is a calculated move, grounded in a comprehensive analysis of both technical and fundamental factors. It reflects a proactive approach to market dynamics and aligns with a disciplined risk management strategy. As always, flexibility and adaptability will be key components in responding to unforeseen market developments.
Pick one or twoThese stocks are clearly in a downtrend and testing the downtrend line resistance. I have puts of TGT that I bought on Friday. If you want to trade one of these I recommend to open a limit order at a better price than it closed on Friday for the puts and pick a strike price close to the current price. You can also buy puts with different strike prices to balance out you risk. My TGT puts expire on 11/10 and strike 113. I may buy more but depends how the week goes. Always think on your risk reward, If price opens with a gap down just move to another trade.
$AMC straddle strategy 👁🗨️*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
Whether the market likes NYSE:AMC earnings after the bell today my team expects big price movements. According to the charts we can see that bulls need a lot more than the bears to set this thing off to $14.50.
My team is using a The Straddle options strategy leaning towards puts since bears have it easy this round. We're 25% into calls and 75% into puts. Good luck to you all!
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
$AAPL timber*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management
!! This chart analysis is for reference purposes only !!
If you want to see more, please like and follow us @SimplyShowMeTheMoney
Is finally going down?Too soon to tell, but apparently is forming a HS in the daily timeframe. Is having trouble to break the 460 level again, it did once, hit the 500 level and pulled back. I'm not shorting this again, I learned my lesson but I'm selling CSP of NVDS expiring on Friday. I don't think is goin to break the 460 any time soon. Every time it rallies I'll be selling CSP every week.