CALL
Short Call Option on Euro Futures (71% probability trade)With 66 days to expiration (July 8) I sold the 1.11 Call on the Euro futures for .0092, which gives me a max profit of $1,150. I will look to close it at 50% of that.
This gives me a 2.4% buffer to the upside and a 71% probability of profit.
XME call spread option trade$XME is a weird one, ill be honest. on the Weeklies, the trend is up, but on the dailies its starting to look very top heavy. MACD is signalling a sell, The one bright thing here is that we are near some major support, last attempt bounced this baby for 12 days. A break below this lever will open up a clear move to the 27 handle... The idea here is to Sell a Call Spread in June -32/+35 with mid-price of 45 cents. Thats an ROI of 15% for a 59 day hold
BP is a Zig-Zag UpTrend - Would you invest? Guys, I am absolutely thrilled and be doing well with BP. I have the stock, LEAPS, Put-Sells, and soon Call-Sells.
1. What do you guys think about it 'after' the earnings?
2. Do you feel Brexit will have any negative effect in 2017-18?
3. Where do you see the stock ending in any timeframe? Please be specific $ and Time (if you can).
4. How are they doing with their Retail business with each gas station?
5. What if any are the lingering effects of the $2B to $20B lawsuit that is still pending (last I checked).
6. What is the Chart saying to you?
If you can answer some or all of the above, it would be a great discussion.
Thanks.
Kenny
X- Speculative Call option trade as it forming a Flag formationX seems forming a possible Flag formation, clearly seen in weekly chart. It also shows a small downward channel. At the breakout it can go up to 55 area, and to catch the gain we would consider $33 March Calls.
Trade Criteria
Date first found- January 25, 2017
Entry Target Criteria- Speculative entry point at current price, confirmation at the Break of channel ($36.67)
Exit Target Criteria- First target $45, Second target $55
Option- $33 March-17 Calls, currently $3.10/3.15
Stop Loss Criteria- N/A
(Note: Trade update is delayed here.)
FCAU - long from present price to 10 FCAU seems breaking up its recent channel formation & crossed above the down line of long term channel.
It also seems a fallen angel type of action & showing strong upward momentum.
Twigges moneyflow is going shooting up & volume is huge. On the other side huge volume is on the Option calls side. That indicates people has long term bullish opinion in this.
We also considering $7.00 January option calls, March $7 call seems interesting as well.
You can check our detailed analysis on FCAU in the trading room/ Executive summary link here-
www.youtube.com
Time Span: 13:00"
Trade Status: Pending
MSTX on the eve of a pivotal Merger CC: CHART ANALYSYSMSTX (Mast therapeutics) shareholders have been overdue for some good news after the SEP data disaster wiped out nearly 80% of stock value dropping it from the .60s to a range of .10-15.
VAPOLAXOMER* was a novel technology designed by MSTX to help ease sufferers of sickle cell anemia that ultimately was proven ineffective and was abandoned.
Left with only AIR001, an inhaled sodium nitrite solution to treat heart failure with preserved ejection fraction (HFpEF) currently in Phase 2 development, MSTX had essentially become a shell with no substantial news until Q1'18.
Now MAST and SAVARA (a private company) have signed a DEFINITIVE MERGER AGREEMENT in effort to form a company focused on the development of novel inhalation therapies.
This reverse merger is essentially serving as an IPO for SAVARA and is likely to cause a nice pop in MSTX pps and a small P&D type move that could easily see pps of .33-57ish, potential gain % in the 200 which makes me a short term LONG but ultimately neutral.
Mast and Savara will hold the conference call TODAY Monday, January 9, 2017, at 8:30 a.m. EST / 5:30 a.m. PST to discuss the transaction. To access the conference call dial (855) 239-3120 from the U.S, (855) 669-9657 from Canada, and (412) 542-4127 from outside the U.S. and request the "Mast-Savara Conference Call". A live webcast of the conference call will be available from the Investors section of Mast's website at www.masttherapeutics.com
SIMPLE CHART ANALYSIS
SUP: backsliding is not likely to happen but if so look for a entry op @.0925-975
REALISTICALLY .095 should be the bounce point
RES: look for selling in the following zones WEAK @.107-12, MID @.13-15, STRONG @.17-26
REALISTICALLY .24 is the RES to look for
Notable RES:
W MBB @.1836/EMA50 @.2634
D EMAs .1175/17/25
-woof
Third Indicator of upward move for BABAHistorically when the Coppock Curve reaches this level, the stock moves at least 1% higher over the next few weeks with an average move of 15%. This chart depicts multiple levels of interest over the next few months.
In the current MACRO trend channel, it took BABA about 64 trading days to go from the top of the channel to the bottom (Nov 15-Feb 16) in a move that lost 31.44%. This same top to bottom was recently repeated in 60 trading days and only 21.72% was shed.
After the 2016 drop, BABA moved bottom to a top in about 49 trading days which gained 37.96%. My longer term outlook is for something similar to occur. IF BABA breaks above its current down trend channel, upward movement could continue toward 109.23 around March 1.
For now my conservative play is a move to at least 96.00 over the next few weeks. World events could keep BABA in the current down trend channel for a much longer period of time. Of interest is a potential selloff after DJY0 reaches 20K and/or the swearing in of President Trump which brings to fruition some international policies. Trump could stir up tariffs, embargos, or other vital trade implications especially with China that could weaken some of BABA's international imports and exports.
Bottom line, look for BABA to move to 96.00, and then 109.00 once the current MICRO trend is broken upward.
More Technical Positives for BABAHistorically when the Vortex Indicator reaches this level, the stock moves at least 1% higher over the next few weeks. This chart depicts multiple levels of interest over the next few months.
In the current MACRO trend channel, it took BABA about 64 trading days to go from the top of the channel to the bottom (Nov 15-Feb 16) in a move that lost 31.44%. This same top to bottom was recently repeated in 60 trading days and only 21.72% was shed.
After the 2016 drop, BABA moved bottom to a top in about 49 trading days which gained 37.96%. My longer term outlook is for something similar to occur. IF BABA breaks above its current down trend channel, upward movement could continue toward 109.23 around March 1.
For now my conservative play is a move to at least 96.00 over the next few weeks. World events could keep BABA in the current down trend channel for a much longer period of time. Of interest is a potential selloff after DJY0 reaches 20K and/or the swearing in of President Trump which brings to fruition some international policies. Trump could stir up tariffs, embargos, or other vital trade implications especially with China that could weaken some of BABA's international imports and exports.
Bottom line, look for BABA to move to 96.00, and then 109.00 once the current MICRO trend is broken upward.