BA
TSLAI WOULD WAIT FOR 1700 TO GO LONG.
TRADE IDEA: 1800C 7/24
IF PREMIUMS ARE STILL INFLATED I WOULD PLAY THE 2000C 7/24 AS A VOLATILITY PLAY .
* I'VE NOTICED THE FAR OTM MONEY CALLS HAVE BEEN HOLDING PREMIUM REALLY WELL.
I have an idea...Hi Guys,
Just running a new mechanical trading idea pass you. You can skip the first 2 min about the win and hear me out!
Enjoy,
Enda
BOEING (BA) curling for a big moveBA has missed some price actions, it has been consolidating for a big move possible up to $209 to $210.
BA is a great stock in the long run, leap calls to end of summer may be the safe play here.
BA is a patient men's game for sure, it will kill you if you are playing weeklies or even two weeks out.
BA Analysis BA has been coiling and compressing since 6/11 in anticipation of a big move. While RSI has been consolidating as it dances around 50 we have had one big RSI Failure Swing from Cycle A ,B,D,F indicating loss of bearish momentum and setting up for a Long at next retest of Fail Point from Cycle F. The MACD higher high on Cycle G while price action made a lower high is used as an indication that momentum will be shifting soon. Cycle G to Cycle F produced a wide spread bottom on the SMI indicating a high chance of an explosive move to the upside in the next 1-3 Cycles.
Safe Options Play 8/21 200c
High Risk Play 7/31 200c
TSLA UPDATE:
IF YOU'RE NOT ALREADY LONG, I WOULD WAIT FOR 1700 FOR A MOVE UP TO 1795.
TRADE IDEA: 2500C 7/24 (VOLATILITY PLAY) *HIGH RISK*
-$1210 with 4/4 losses IN A ROW!!!I actually can't believe I traded this bad. I handed back 2 x $2.50 moves because I got scared! I broke the rules and lost bad!
Enjoy,
Enda
2 big losses in a row!!!Hi Guys,
+$190 today with $1630 in losses in 10 min. ( losses because I broker the rules) 2 wins brought me back to barely green.
Enjoy the weekend,
Enda
Boeing - non-consensus long (similar to oil). Sector rotation...People think wave 2 is coming then oil and Boeing must go down. Market works against consensus. Pay attention to price. Price says up. 213 is my target.
I am long BA 200 calls (short dated)
+650 today 1/1 wins in $BAHi Guys,
1 simple win in $BA and I left behind at least 2 winners.
Enjoy,
Enda
