#Nifty - simple plan - Bearish BAT wait to Buy/long at 7850 - this will be your setup
after the bounce & rejection at the top - Flip short/sell
CALL
HL $4 callHL has been consolidating pretty hard for past week and two creating a range while in an uptrend with emas. The MACD is showing a reversal is already happening with a major move next month. I’m going long with a target of $4, yet we could see a long term target of $6.
The $6 option is in September and is a speculative with gold breaking out and with silver looking to breakout. HL options have a chance to become the biggest oppuritunity with the Strike at Lucky Mind ending in earlier this year, along with expansions of new mines.
The EPS is also going up which shows they are making money, yet they are heavily being shorted atm, yet with the average cost of the institutional investors around $2.36 per a share. I see it going higher in the near future.
VISL Small High Risk Position52 week Divergent lows, on high buy side volume.
First areas of interest I will look to sell are weekly resistance at $1.45 and monthly at $3.
Chart is a death spiral. Only someone absolutely insane would touch it right now.
If it breaks lower I will take the loss. Keeping position size small enough that even a drop to zero from here carries max 1% risk. Worth it. Break below $0.1995 is a sign that it is still headed lower.
IBB - Biotech BounceWhats up Traders -
Stealing a CNBC idea, but i like it and agree with it. Biotech has bounced back to its past highs. IN all liklihood we will bounce around here for a bit -
Entering a Call Credit Spread
1 x 123.5 Call Sell
Jan 31
1 x 125.00 Call Buy
Jan 31
Have a look and see if you. Best of luck.
- Nix
TLT - Potential Long SetupQuick setup that i am watching (but not going to take due to portfolio skew is already net short)
Ticker: TLT
Position:
- March 20th 2020 Expiry
- $137 Strike Call
- Delta = 0.70
- Cost = $4.18/ contract (mid offer)
Profit Target/ Exit:
- Initial target = $144
- Exit = close below the daily 200 SMA
$ROKU short term playYesterday showed very strong bullish movement for ROKU after support was found around $130. The bears kept the price down today but we are now resting again on moderate support around $134.
If the bulls make a strong move I think we could see a gap up to the 50 dma around $142.
PSX Good long stock due to strong reversal patternsReversal of a steady downtrend will occur due to hitting previous resistance and a key resistance line. The RSI is approaching oversold and the stock is very good to be watched and bought at the moment.
Square Options Play (Strangle)Got in this today before the breakdown. 66 calls and 62.50 puts. Seems like a move to 63.50 support is in the cards, if not 63 or more. Will sell PUT when up 100%+, thinking the power move will be in the call on a bounce. This can go $3-4 in a day no problem.
Call Credit Spread CMGCMG Credit was $1.25
Target gain will be $70, max loss is $140.
Exp Dec 13, 790/795 above support line.
It may move lower or move into a range soon.
long call $2 strike on one of my free stock with robinhoodinvite.robinhood.com for free stock
so i sold all my free robinhood stock except for the one stock chk
i took all that money and bought 10 november monthly $2 strike long calls
those are whats called OTMs - Out of The Mony options
I literally paid $30 bucks for the 10 contracts
i immediately put in a sell to close on those same contracts for $100
"if" and thats a big big big "if" then thats a 3/1 trade and ill be a happy camper
If i loose it was a long shot with free money anyway right :)
Yall wish me luck
X-fingers
Uber Short Term BullishEntered a options call on Monday (expires Friday – high risk) since most of my indicators point short term bullish and we have 2 gaps that will probably get filled before tanking again to even lower lows. Anyone agree? As long as price maintains above $28, I will be in profit for my options call.
Good candidate for longThat gap down should go through gap fill, price targets i see are 150(test support here)
then go to 156/162/165/172
$TSLA Catalyst Incoming Earnings call is very soon. Coincidentally lining up very well in the triangle. Check it out here for more info xD
www.youtube.com
SBUX before earnings I am still bullish on SBUX, I have my largest option call in history rooting for this steady climb with a boost from earnings. Stay tuned to see how accurate this prediction is,
DLTR Call SpreadDLTR looks like its breaking out, there will be some pull back but lets see if it can break 115
$2.04 Call Spread, EXP OCT 25
Max gain is $1.48/$3.52 Max loss is $150
Max loss can only be taken on the week of October 14-18 if there is no chance of victory.
TGT Bull flag on weeklyTGT bull flag, may adhere to the pattern however it may sell off first in order to move higher.
Price was 2.18
EXP Oct 25
Spread is 110/116 6 points wide
Target is $191 profit/ $4.09 is option price at exit.
Exit price will be $163 which would be taken week of October 14-18 and cannot be done before then.
Perhaps this trade will flop but we'll see. It looks decent.
Weekly SBUX prediction I see Starbucks followed the market today, I believe the market is settling down and normal fluctuations will occur. Based on previous price action, including candlestick trends I predict SBUX to rise all week and break $90 a share by Friday, 10/4
SBUX to $105 Option Call I am deep into my option contract. 100 contracts for $105 by 11/15, counting on Q4 earnings to blow SBUX out of the water. I believe the remainder of this week will be good for SBUX since volatility has slowed down. Next week technicals are showing strong buys. Looking good all around, this will be a fun ride.
Still a chance for UBER this week Still holding my bet on UBER ( Have no choice ) hopefully it’s in the money or close by Friday. My initial call was 34.50 by Friday. Stay tuned to see if I make or loose money. This prediction right here will be calculated into my average that I keep for myself
SPX Finishing September with a rebound Check out my trend lines, and predicted price movement lines. This is a fun test of my skills. I have been here a week and am still learning. For those of you who have been following me I am a SBUX bull. I have a high stake in an options call for SBUX to hit $105 by 11/15. I am relying on steady growth until earnings and then a killer Q4 earnings. Comment below your opinions on starbucks and your thoughts/predictions on their Q4 report.
So far on trade view I have a 60% accuracy rating for my calls, which is an F. So please don’t make trades based on my predictions until I improve my skills, thank you!
SBUX Update 2 Please refer to my previous trend analysis, I added a new line to show how I got my bottom.
