As I try to let my bullish projections play out , I always find it better to trade single stocks as longs rather than simply trade the futures. If you do it right, you should get a higher bang for your buck. Conversely, in bear markets like these, when it's time to go short you need only to trade the indexes. Highlighted in the chart is yet another inverse...
PR Strong Buy $8.85 NR Junk $29.15
EARNINGS WITH A RANK >70/IMPLIED >50: CRM (81/52): Announces on Tuesday after market close. The pictured defined risk setup pays a greater than a one-third of the wing width 1.89 with break evens between the expected and one standard deevy. ANF (68/86): Announces Thursday before market open. The Dec 21st 16 short straddle was paying 3.04 as of Friday close;...
A trio of retail names, TGT, ANF, and COST announce next week ... . TGT announces on 3/6 before market open. Preliminarily, the March 16th, 11-day, 20-delta 69.5/81 short strangle pays 1.54 at the mid, with its defined risk counterpart, the 66.5/69/81/84 iron condor paying under 1/3rd the width of the wings at .83/contract, slightly shy of the credit I like to...
Recent events in the industry with sector support are spiking several stock in the retail fashion field, ANF is strategically placed in this time and buyers are showing their interest at all-time-low. For me, there are enough signs to support the attempt to build a position in the stock. *Already holding in the fashion sector at AEO which also spiked and moved...
Cost basis $11.16. Out $11.46. On to the next one. Check link to original post.
Fib retracement after initiation of new uptrend. Low risk entry. First target pierce of $12.
Out 1/2 position ANF at $11.24. Holding 2nd 1/2 and watching this little bull flag forming.
Here, I'm going covered call because ANF has a small divvy that I want to attempt to grab (.20/$20 per 100 shares), so I need to own the shares to do that. The record date is 3/3, so I will need to hold the shares until at least then. I'm going monied because I just don't trust this thing not to implode somewhat post earnings ... . Metrics: Probability of...
(i already shorted this 2 days ago and covered Today) after the last 2 days of free falling , today we'll see a little bounce back up a little then drop back down a couple percent.
Putting this on a touch early ... . High implied volatility rank/high implied volatility in advance of earnings. I'm looking for a volatility crush after earnings announcement and, of course, bullish or sideways movement ... . Metrics: Probability of Profit: 74% Max Profit: $48/contract Max Loss/Buying Power Effect: $1402 (assuming the stock goes to 0, and you...
INVESTORS CONFIDENCE IN CURRENCY FALLS AND CHINESE INVESTORS BUYING UP GOLD FROM SOUTH AMERICA, WITH A SHORTAGE OF SUPPLY AND MINES DRYING UP WE WILL SEE GOLD GOING LONG. MORE INFO JUST MESSAGE ME.
ANF has broken daily downtrend (red line) with a bullish divergence and a strong impulse. If the rising trendline holds i'm expecting one more wave up. Are the earnings going to push the market higher on 30 August or are they going to break the rising trendline? Let's see how it develops.
********** Trade Direction: Neutral (hold until for consolidation & RSI drops) Execute Price: $69.68 (look for short term pull back at around $23.50 for entry. Price Target: $25.83 Stop Loss Target: $22.88 (2.93%) Time Frame: 1-2 weeks Cross at the EMA50 could signal a trend reversal upward. however RSI shows the stock could overbought. Wait for further...
I found another possible play in addition to COST and that is in ANF, which announces on Tuesday before market open. The current implied volatility rank is 76, and its implied volatility is 97, so it would meet my general high implied volatility/high implied volatility rank standards for a premium selling play. Given the price of the underlying, I would probably...
ANF expected to open at 19.82 for a Retest Gap. To learn to trade this strategy for free go to www.RealLifeTrading.com