$UAL Trade Idea$UAL beat earnings last night and finished on the day as an inside hammer.
Calls over $51.71
Targets: $52.13, $52.48, $53.12, $54.51
Puts under $49.94
Targets: $49.66, $48.56, $47.71
Optionstrading
XBI Short Strangle 60 DTE NeutralBeen in a channel for quite some time now. Seems to be breaking out to the upside. Markets still choppy, so not a true direction set, especially with the earnings season coming.
IVR is actually a bit too low, but premium is still good for a .18 delta ($2.57) on a +/- $480,- margin.
Sell XBI 17mar2023 Call 100 - delta .1884
Sell XBI 17mar2023 Put 78 - delta .1877
Buy To Close @50% ($1.28)
TSLA strangle 195c / 85pTrade thesis
- theta collection
- current IV rank and percentile are at historical highs aggregating past 252 trading days
IV rank: 95%
IV %: 99%
- near delta neutral options strangle position of 195c/85p on Feb 17 monthly expiry
- 85p short leg represent a -32% price buffer to the downside
- 195c forms a nearly delta neutral trade on call side (+.02 delta)
- 56 DTE / ideal duration to sell premium
Position
- entry: $123.95
- strategy: strangle
- structure:
short 02/17 195c (.10 delta)
short 02/17 75p (.12 delta)
- cost: $500 credit
- delta: 2.96
- theta: 13.867
- gamma: -0.86
- vega: -18.13
Targets
- Profit target: $250 total profit (50% of credit collected)
- SL target: -50% loss
- management strategy:
roll unchallenged side to higher delta to maintain at least .10 delta on each side
roll unchallenged side to higher delta (5 strikes) to collect additional credit (10% minimum of roll width)
exit position before earnings on 01/25/23
HUGE SPY 1HR SELLING VOLUMEOn the one hour time frame SPY looks like it might react short to a large sell volume shelf. Another thing to look at is the RSI on most hourly time frames are overbought quite a lot. On a the 1 MIN chart we are at a triple top, so i expect to open around low 396, and if that does not hold I will be waiting for clear direction.... However, on the Daily the RSI and MACD are painting a different story. It looks like this might be a pivot point on SPY. I will be scalping 0DTE on SPY tomorrow and i'm looking for solid setups to get in and out quick. Trade safe on this FRIDAY the 13th, lets get spooky!
NIFTY - ANALYSIS FOR 13/01/2023Buy Above - 17880
SL - 17840
Targets - 17920,17960,18000,18040
Sell Below - 17820
SL - 17860
Targets - 17780,17740,17700
$WFC weekly chart going into tomorrow's earnings print Will the stock move to the $45.88 area or retest the $40.00 PL?
The consensus earnings estimate is $0.63 per share on revenue of $20.01 billion. Investor sentiment going into the company's earnings release has 45% expecting an earnings beat.
Consensus estimates are for earnings to decline year-over-year by 54.35% with revenue decreasing by 7.85%.
Overall earnings estimates have been revised lower since the company's last earnings release.
Option traders are pricing in a 5.2% move on earnings and the stock has averaged a 3.6% move in recent quarters.
$SPY weekly downtrend chart ahead of 1/12 CPI print$SPY weekly downtrend chart ahead of 1/12 CPI print
The only road above the $400.5 PL is to break the 50 week EMA and the only road above $402 breaks out of the year long downtrend creating a trend reversal.
I If CPI is inline with expectations, I can see us retesting the top of the downtrend and rejecting it.
However, if we're hotter that expected we'll likely take out the October CPI lows of $348.11(before the next print).
$NFLX bull flag breakout with confluence on session hour$NFLX bull flag breakout with confluence
The price targets: $326.39 PL, then $330.
$META bullish engulfing on the daily. $META bullish engulfing on the daily.
My next Price target is the $135 PL
NASDAQ:META
If $SPY get through the $390, it's gonna squeezes to $393.69Bulls got one job and that's to sustain the 9ema until backup arrives at 3 - 3:30pm
$META is looking for the Bullish engulfing on the daily. $META is looking for the Bullish engulfing on the daily.
When it breaks out of the ascending triangle on the session hour, it goes to $135.
$DAL just took out my trigger for calls on the daily $DAL just took out my trigger for calls on the daily
We're looking for a move to the $38.21 PL
$NFLX Trade Idea $NFLX Trade Idea. Approaching gap fill area above the $317.61 PL. If price holds above gap fill, it can extend to the $324 PL
Calls over $316.77
Target $324.71
Puts under $303.69
Target $295.51
$C Trade Idea 2-2-2u reversal on the daily $C Trade Idea
2-2-2u reversal on the daily, holding above the wedge breakout, heading into Friday's earnings.
Calls over $47.69
Target $47.85, $48.67
Puts under $46.61
Target $45.97
Not Financial Advice just a concept trade for educational purposes only
BankNifty | Buyers Trap or Trend change?Hey Friends,
Look at the chart at higher time frame to see the hidden chart patterns. It'll provide you some more clarity. Chart isn't about a day. it is the possiblity of one or weeks
RUN hedged options strategyThere are lots of bullish arguments to make for solar stocks this year, including the Inflation Reduction Act and global demand, especially in Europe. California-based Sunrun designs, installs, sells and maintains residential solar panels directly to customers. Other business areas include battery storage, leasing energy services, and a "virtual power plant" with installed Sunrun panels actually exporting energy back to the grid. Relatively few homes have solar panels installed, but homeowners are increasingly interested in them and associated tax benefits, making growth potential in this area of the clean energy market quite high.
Technically-minded traders might also wonder if RUN stock will repeat its falling wedge pattern, and possibly even see a double bottom forming. On the other hand, with over $5 billion in debt (as of March 2021) and Fed interest rate hikes adversely affecting tech and growth stocks, is Sunrun the safest place to park money right now?
This hedged options strategy protects from a fall of up to 32% as of 8/18/23 and also makes up to 25% (44% annualized).
Buy 1 $20 call
Sell 1 $27.50 call
Sell 2 $15 put
Expiring Aug 18, 2023
Capital requirement: $2994
Expected Range ans Skew + VIX_Fix Market Structure Break
Expected Range ans Skew + VIX_Fix to calculate market bottoms
VixFix to accompany WWV
$META Trade Idea - Currently Green on the 4h, D, W and M NASDAQ:META is green on the 4h, D, W and M
Calls over $128.52
Target $130, $135
Puts under $124.54
Target $122.30, 120.40
$SPY broke out of down trend on 5min wants the $382.68 PL$SPY broke out of down trend on 5min wants the $382.68 PL which is a bear gap fill and the 50EMA on the non session hourly. Expecting price to get rejected there. If not, hello $385.
We have confluence on the session hour.
$META reversal and break out of Descending Triangle on 5m$META reversal and break out of Descending Triangle on 5m with time frame continuity on all time frames
Looking for a gap fill up to the $126.94 PL, then $127.45.
$META Bear flag on 5 min$META Bear flag on 5 min, with TF continuity on the daily, 4h 1h
Price targets: $124.16, $123.67, $122.60
$SPY recap on the daily $SPY opened at $383.18 and closed at $383.73. The High was $385.88 and the low was $380!
AMEX:SPY
TSLA - CALLS to retest $122's - $123'sAfter confirming the $122 Support Rejection going into the end of the week/year for TSLA, we expected to at least re-test the $106-$108 Support Levels and found confirmation on the 1-Hr Timeframe.
With additional bull analysts starting to kick in, we believe it will take a little longer before the stock actually goes lower. Of course, we're monitoring and will wait for confirmation above the $122s again before closing or determining if we're creating a channel sideways between the $106s-$122s for a while until moving higher/lower.
(Didn't press send on this earlier around 12 CST)
