$TWTR 4h BullishSocial Media has taking a big hit with their handling of freedom of speech. Twitter isnt going away anytime soon. Following ARK's acquisition as well of over a million shares as well.
Calls
How I have a "risk-free" position JMIA on its way to the moon 🚀I'm going to show you how I ended up with a "risk-free" in $JMIA, what I call the "African Amazon".
When I say "risk-free", I mean, whatever I invested, I withdrew, and now, I am playing with "house money".
Say I put in $100, and my investment value goes up to $200.
I sell half, getting my initial capital back, and now, price can do whatever it wants, and I'm at no additional risk.
So for this one, I'll break it down into steps.
1. I bought 3 long-dated call options (i.e LEAPs) for Jumia.
2. A few days later, the option price double in value. I sold 2 of the 3 calls, putting me in a "risk-free" position, with additional profit baked in.
3. I now hold 1 call giving me the option to purchase 100 shares of Jumia at $10.
4. Normally, it would not make sense to exercise an "in the money" option early, but in this case, I wanted to take partial profits at 4x, so I exercised my option. I bought 100 shares of Jumia at $10 (valued at $40), and sold 25. This gave me a profit of (40 - 10) * 25 = $750.
Now I'm holding 75 shares. Let's see if this goes to the moon 🚀.
WATCHLIST - WEEK OF 2/1 - 2/5QQQ broke the 20 day MA on Friday. Would love to see that level reclaimed for more upside in the market. Here are some levels I see for this week (note, these are intraday levels - not swing levels). Of course, this is just my opinion and I am not liable for your trading decisions.
INO calls over 13.1 or 13.7
CRWD calls over 218.25
BYND puts under 177
JMIA puts under 54.3
If the market rallys this week then calls over 60 will work too
PYPL puts under 232.6
$BLDP SENDtarget $48. big money moving into bldp calls. follow the money. countertrade me please. Few will understand. SEND IT
UA longshot?Sorry, no notes for a few months. Understand i did fundamental / technical analysis.I have price reaching one of the two resistance zones before the quarterly report
let me know what you think!
$TWTR 4h Reversal signal with the inverse h&sArk has recently bought over a million shares of twitter. Leaps March or April to give yourself time on this one would be smart. A OTM naked call between 60 or 70 calls.
Huge Call Buying in $NOKToday multiple strike prices for Nokia were trading today. The $5, $6, $7 strike prices for multiple weeks were trading. Today the volume on the 1/29/2020 $5 calls were 75,610 and that is HUGE. We should see a move to the next Fib line to around $6.50.
TSLA target already hitTSLA target has hit new target is to 900 by end of day maybe in the morning on Tuesday
TSLA Flag build 15 min chartTSLA has build yet another flag on fridays close it closed right at the top of the trend line but on the 5 minute time frame it broke through the top of it. I can see TSLA hitting $884 this week at a minimum and for sure next week unless earning aren't as great as expected. but ive seen this flag build on tsla many times and I would assume the same pattern will occur again.
Message me if you have any questions or if you'd like to share different opinions.
TSLA Earnings is one the 27th so I would get out of any options you have by then so you don't get IV crushed.
Facebook LongFacebook is outside of bottom daily BB. A large call sweep was purchased today: 252.5 C Jan 29 @10.64 851k premium
FDX - Hovering near key area of support/resistanceFedEx NYSE:FDX is hovering near a resistance area which it had previously broke prior to the start of the new year. However, in recent weeks, FDX has since fallen below that key level and appears to be retesting it. Just a few days ago, it tested the $255 area but failed to break through it. It appears that FedEx is trying to push past this area again. We will keep our eyes on it as time progresses. Fed EX is currently trading 16% below it's recent highs.
REMEMBER: Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for educational and informational purposes only. YouCanTrade is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations.
AAL PT $18, $22 or $12Been watching AAL for quite some time. with Biden coming into office, i anticipate bailouts all over the place as money doesnt matter anymore.
I am looking at 3 plays on this
AAL 02/05 expiry:
20/25 call debit spread
Risk $100. Max profit $7900
17/25 call debit spread
Risk $100. Max profit $2300
15/25 call debit spread
Risk $100. Max profit 900
BUY $GOOGL 1800c 1/15 - Entry 1754, PT 1776, SL 1738 #chartAssuming my entry breaks with volume, and the market is in good shape. I intend on scalping GOOGL from 1754 to 1738. Valid only for January 14th.
CSCO - Unusual option activity10,467 CSCO 47 strike calls expiring Feb 19th 2021 were traded at 0.89 in a single print above open interest of 1,141.
Since we don't have visibility to what the bid or ask price was when these calls were traded, we have to look at this from different perspectives.
1.) Call Buying - This could be interpreted as call buying since one could argue that CSCO is trying to fill the gap from back on 8/13/2020. Note that the horizontal line representing the 47 strike calls is near the lows on 8/12/2020 just before it gapped down the next day.
2.) Covered Calls - These calls could also be covered calls. CSCO has had a good run from November through present day. Perhaps these are sold calls to hedge against a correction in the stock price.
Let's follow the stock and this option's pricing see what happens.
REMEMBER: Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for educational and informational purposes only. YouCanTrade is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations.
BUY $NVDA 1/15 550c - Entry 544, PT 555, SL 535 #chart I'm looking to scalp NVDA towards 555, if it breaks 544 with volume and the market is in good shape. Valid for January 14th, 2021.
DDOG Symmetrical TriangleNice symmetrical triangle on the weekly chart. If we break up out of the triangle, my targets are $108.69, $118.64, $131.28, and finally, $147.36.
If the pattern breaks down, I'd short below $90 down to the low $70's.
MAJOR AMZN Upside. #BULLISHHad a near $2,000 bull run from March 2020 at a price of $1,600 to $3,550 in September.
Huge symmetrical triangle on the weekly chart signaling another move of the same kind. If we can get a similar move, that'd put Amazon over $5,000 by around August.
I'm INSANELY bullish on AMZN. I'm currently swinging options expiring in 2 weeks, but I'd like to sell to buy an expiration much further out. Bought yesterday on the dip to $3,140.
In addition, I'm hearing rumors of a potential stock split in the coming months. As we've seen with Apple and Tesla, this will make Amazon go CRAZY.
PAYC - Potential Bullish Pivot What's going on traders? Hope you all had a Happy season. Today, we are looking at Paycom Software NYSE:PAYC and it looks as if it had a nice correction in price recently. The stock was trading at a recent high of $471.08 before dropping nearly 13% to 411.13. That area also lines up with previous resistance areas which could be acting as support now. Since then the stock has crossed above the lower Keltner channel (represented by the white dot on the chart) and might be resuming it's trend upward. We will continue to watch PAYC to see if it does move higher over the next few weeks.
REMEMBER: Reference to specific securities should not be construed as a recommendation to buy, sell or hold that security. Specific securities are mentioned for educational and informational purposes only. YouCanTrade is an online media publication service which provides investment educational content, ideas and demonstrations, and does not provide investment or trading advice, research or recommendations.
