UBER Technologies Options Ahead of EarningsIf you haven`t bought UBER before this major breakout:
Now analyzing the options chain and the chart patterns of UBER Technologies prior to the earnings report this week,
I would consider purchasing the 76usd strike price Puts with
an expiration date of 2024-11-15,
for a premium of approximately $2.75.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Buysellindicator
ILMN Illumina Options Ahead of Earnings Analyzing the options chain and the chart patterns of ILMN Illumina prior to the earnings report this week,
I would consider purchasing the 140usd strike price in the money Calls with
an expiration date of 2024-12-20,
for a premium of approximately $16.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ETH Ethereum Potential retracement soonIf you haven`t bought the recent Double Bottom on ETH:
Now Ethereum might be facing bearish pressure following the U.S. Department of Justice's (DOJ) launch of a criminal investigation into Tether, the issuer of the widely used stablecoin USDT.
According to reports from the Wall Street Journal, this investigation is led by the U.S. attorney’s office in Manhattan and focuses on potential violations of sanctions and anti-money laundering regulations.
As Tether’s USDT is a crucial component of the cryptocurrency ecosystem, widely utilized for trading and liquidity on various platforms, any negative developments regarding its regulatory compliance could have significant ramifications for Ethereum. Tether's stability and its ability to maintain its peg to the U.S. dollar are vital for many trading pairs involving Ethereum. If the investigation reveals serious issues, it could lead to a loss of confidence in USDT, prompting traders to seek safer alternatives or even pull out of the market altogether.
The ripple effects of Tether’s troubles may extend to Ethereum and other cryptocurrencies that depend on stablecoins for liquidity. A decline in USDT’s credibility could trigger panic selling, as traders rush to liquidate their positions in Ethereum and other assets, leading to increased volatility and downward pressure on prices. This scenario could particularly impact Ethereum, given its integral role in decentralized finance (DeFi), where USDT is frequently used for collateral and trading.
The scrutiny surrounding Tether may prompt regulators to cast a wider net over the cryptocurrency market, leading to increased oversight of other stablecoins and projects operating on the Ethereum network. This heightened regulatory environment could deter new investments and innovations within the Ethereum ecosystem, hindering its growth potential.
SHIB Shiba Inu Potential breakoutIf you haven`t bought SHIB before the previous rally:
nor sold the top:
Analyzing Shiba Inu’s chart, it appears to be entering a phase of accumulation following the conclusion of a falling wedge pattern, which is often a bullish signal.
Given this setup, I anticipate a potential upward movement in SHIB over the next two weeks as buying pressure builds.
The price action suggests growing momentum, and I’m targeting the next key resistance level at $0.00001500.
This zone could act as a pivotal point for the next leg higher if the bullish sentiment continues to strengthen.
GE Aerospace Options Ahead of EarningsIf you haven`t bought the dip on GE:
Now analyzing the options chain and the chart patterns of GE Aerospace prior to the earnings report this week,
I would consider purchasing the 195usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $8.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
MMM 3M Company Options Ahead of EarningsIf you haven`t bought the dip on MMM:
Now analyzing the options chain and the chart patterns of MMM 3M Company prior to the earnings report this week,
I would consider purchasing the 135usd strike price Calls with
an expiration date of 2025-1-17,
for a premium of approximately $8.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
ZM Zoom Video Communications Potential BreakoutIf you haven`t bought ZM at the end of the giant falling wedge:
Now Zoom Video Communications (ZM) is currently showing a bullish pennant pattern, which is often a precursor to an upward breakout.
With the stock approaching the $72 level, a breakout could lead to a swift move higher, given the strong technical setup.
For speculative traders, buying the $72 strike price calls expiring this Friday at a $0.12 premium offers an appealing risk-reward ratio.
If ZM breaks above the resistance, these calls could rapidly gain value.
AXP American Express Company Options Ahead of EarningsIf you haven`t bought the dip on AXP:
Now analyzing the options chain and the chart patterns of AXP American Express Company prior to the earnings report this week,
I would consider purchasing the 267.5usd strike price Puts with
an expiration date of 2024-10-18,
for a premium of approximately $2.91.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
FXI Still Time to Capitalize on the China Stimulus RallyThe recent surge in Chinese stocks following China’s central bank stimulus announcement signals a promising opportunity for those looking at the iShares China Large-Cap ETF. The stimulus package, part of a series of aggressive moves from Chinese policymakers, reflects a significant shift in their approach to economic management. For years, China hesitated to implement large-scale stimulus measures, fearing the long-term risks. However, the latest actions show that this cautious mindset has been abandoned, with the government now prioritizing immediate economic recovery.
This newfound willingness to deploy powerful monetary tools suggests that China’s central bank is prepared to act decisively to combat the economic pressures the country is facing. With this level of commitment, it’s reasonable to expect that the stimulus will have a meaningful impact, potentially accelerating growth in key sectors. The iShares China Large-Cap ETF, which tracks some of the largest Chinese companies, stands to benefit significantly from this shift. As these companies often reflect the broader health of China’s economy, investors could see strong gains in the near term as the effects of the stimulus ripple through the markets.
Given the central bank's proactive measures and the potential for further interventions, the iShares China Large-Cap ETF presents a compelling opportunity for bullish investors who want to capitalize on China's economic rebound.
CAG Conagra Brands Options Ahead of EarningsIf you haven`t bought the dip on CAG:
Now analyzing the options chain and the chart patterns of CAG Conagra Brands prior to the earnings report this week,
I would consider purchasing the 32usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $1.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
JEF Jefferies Financial Group Options Ahead of EarningsIf you haven`t bought JEF before the previous earnings:
Now analyzing the options chain and the chart patterns of JEF Jefferies Financial prior to the earnings report this week,
I would consider purchasing the 62.50usd strike price Calls with
an expiration date of 2024-10-18,
for a premium of approximately $2.00.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
RUT2K Short-Term Selloff Likely After Fed Rate Cut DecisionIf you haven’t seen my RUT 2000 prediction for 2024:
Now you need to know that as the Federal Reserve’s rate cut decision looms, speculation is rising that we may see a larger-than-expected 50 basis point cut instead of the anticipated 25. While rate cuts are typically a positive for equities, this aggressive move could lead to a short-term selloff, particularly in smaller-cap stocks, represented by the RUT Russell 2000.
The reasoning is tied to the market's well-known "buy the rumor, sell the news" behavior. With expectations already priced in for a 25 bps cut, a surprise 50 bps cut could trigger concerns over economic health, prompting investors to de-risk. This would likely lead to a temporary selloff in riskier, smaller-cap stocks, with RUT2K potentially taking a hit in the near term.
Given this outlook, I’m considering the $204 strike price puts expiring on October 18, 2024. These options could provide a solid hedge or a potential profit opportunity if the market reacts negatively to the Fed’s decision in the short term, as I expect smaller-cap stocks to feel the pressure more acutely than large-cap counterparts.
Despite this expected volatility, the broader market should recover before the end of the month, once investors fully digest the news. By November 5th, on U.S. election day, we could even see new all-time highs in major indices like the S&P 500 (SPX) and Nasdaq 100 (NDX). Small caps, however, may take longer to rebound, adding further value to a short-term put position in IWM.
Fed Chair Jerome Powell appears motivated to support a strong market ahead of the elections, which could benefit Democrats. Former President Donald Trump has indicated he would not reappoint Powell if he returns to office, potentially giving Powell incentive to maintain market stability leading up to November.
In summary, while a larger-than-expected rate cut could cause IWM ( Russell 2000 ETF ) to face short-term turbulence, the market will likely stabilize by the end of September. The $204 strike price puts expiring on October 18, 2024, offer a timely opportunity for traders seeking to capitalize on this brief volatility.
#PYTH/USDT: Bullish Breakout Ahead! SEED_DONKEYDAN_MARKET_CAP:PYTH /USDT: Long Position🚀
PYTH is forming a descending wedge pattern, which is a bullish reversal setup. The price has consolidated and is approaching a breakout point. If the price breaks above the wedge resistance, a strong upward move can be expected, with significant upside potential indicated in the chart.
Entry Point: Current Market Price (CMP)
Additional Positions: Add more if the price dips to the support zone near 0.25 USDT.
🎯Targets:
$0.39
$0.49
$0.65
$0.72 (Final target)
⛔Stop Loss (SL): $0.24 to manage downside risk.
⚖️Leverage:
Use leverage cautiously, between 5x and 10x depending on your risk tolerance.
DYOR NFA
#Cryptocurrency #Crypto #XRP
CHPT ChargePoint Holdings Options Ahead of EarningsIf you haven`t bought CHPT before the previous earnings:
Now analyzing the options chain and the chart patterns of CHPT ChargePoint Holdings prior to the earnings report this week,
I would consider purchasing the 2usd strike price Calls with
an expiration date of 2024-9-6,
for a premium of approximately $0.13.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
IOT Samsara Options Ahead of EarningsIf you haven`t bought IOT before the previous earnings:
Now analyzing the options chain and the chart patterns of IOT Samsara prior to the earnings report this week,
I would consider purchasing the 38usd strike price Puts with
an expiration date of 2024-9-6,
for a premium of approximately $1.95.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
PARA Paramount Global Options Ahead of EarningsAnalyzing the options chain and the chart patterns of PARA Paramount Global prior to the earnings report this week,
I would consider purchasing the 11usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $0.36.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BTBT Bit Digital Options Ahead of EarningsIf you haven`t bought BTBT before the previous earnings:
Now analyzing the options chain and the chart patterns of BTBT Bit Digital prior to the earnings report this week,
I would consider purchasing the 3.50usd strike price Calls with
an expiration date of 2024-9-20,
for a premium of approximately $0.27.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
BITCOIN UPDATE - NOT Yet BullishHello guys,
Current BTC position: SHORT
Sorry, I have been busy trading the Indian stocks and options and not trading a lot of Crypto after the recent WazirX exchange Hack!
On 4H time frame the BTC is still not in the bullish zone.
Bullish confirmation is only above the price $62,000
Support and resistance levels have been marked on the chart for your reference.
TTD The Trade Desk Options Ahead of EarningsIf you haven`t bought the dip on TTD:
Now analyzing the options chain and the chart patterns of TTD The Trade Desk prior to the earnings report this week,
I would consider purchasing the 87usd strike price Calls with
an expiration date of 2024-8-16,
for a premium of approximately $4.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
SGML Sigma Lithium Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of SGML Sigma Lithium Corporation prior to the earnings report this week,
I would consider purchasing the 9usd strike price Puts with
an expiration date of 2025-1-17,
for a premium of approximately $1.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
QS QuantumScape Corporation Options Ahead of EarningsIf you haven`t sold QS before the previous earnings:
Now analyzing the options chain and the chart patterns of QS QuantumScape Corporation prior to the earnings report this week,
I would consider purchasing the 8usd strike price Puts with
an expiration date of 2024-11-15,
for a premium of approximately $1.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
AMZN Amazon Options Ahead of EarningsIf you haven`t bought AMZN before the previous earnings:
Now analyzing the options chain and the chart patterns of AMZN Amazon prior to the earnings report this week,
I would consider purchasing the 185usd strike price Calls with
an expiration date of 2024-12-20,
for a premium of approximately $16.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.