Investors are loving what they heard on the call with LC executives. I'm expecting healthy gains until the end of the month. Be mindful not to enter at a peak and chase gains, I'd say its a good time to enter a options trade on this. 3.50 strike in the money with a straddle for downward movement, track the gann fan lines for support and resistance. Look for...
Wanted to take a minute to line up LC to see what it looked like from recent high and lows under week time frame. I was amazed at its ability to dance between the overlays and show consistency to support laid out. Volume shows likely to the down side, however, RSI shows on its way to bullish with earnings on the way. Nasdaq community seems to be bullish and WS...
NSE:VAKRANGEE LC opens time! Only Buyers :) Disclaimer: Consult your financial advisor before investing.
Wanted to take a minute to line up LC to see what it looked like from recent high and lows under week time frame. I was amazed at its ability to dance between the overlays and show consistency to support laid out. Volume shows likely to the down side, however, RSI shows on its way to bullish with earnings on the way. Nasdaq community seems to be bullish and WS...
Lending Club has dived for a long time. From the long term trend, I don't think it will start recovering right now. So I am more inclined to predict a fall in price. My prediction is at odds with two analysts from tipranks.com, who recommend a buy (while three others issued a hold recommendation).
LC has been in a sideways mode most of January, trading in the $5.40-$5.90 area. We issued a buy alert at $5.40-$5.00 lever earlier and are looking to add once the next breakout happens. We very well could be getting that breakout in the next few days. If this New America mindset does indeed get legs and we think it will, it only bodes well for borrowers of...
Metrics: Buy 100 shares at 5.41 Sell Oct 21st 5.5 call Whole Package: 4.93 db (4.93/share's your break even/cost basis) Max Profit: $57 (if called away at 5.5) ROC: 11.6% Notes: I've looked at this underlying several times over the past several weeks, as it keeps popping up on my high implied volatility screens. The good thing about the setup: the short call...
Here's my "short list" for covered call candidates for next week generated by looking at Barcharts.com high volatility stock options list and the Dough grid: WLL buy shares at 7.66; sell Sept 16th 8 call; 7.10 debit; $90 max profit (12.7% ROC) CC buy shares at 11.45; sell Sept 16th 12 call; 10.78 debit; $122 max profit (10.6% ROC) LC buy shares at 5.40; sell Oct...
Buy what others are afraid to buy. Seek mispriced values!
With broad market volatility ebbing, the place to sell premium is with earnings plays for now. Next week, look to put on options plays shortly before the earnings announcement to capitalize on post-announcement volatility contraction. This little fellahs currently look best for plays: LC: 5/9 (Monday) after market close. Due to the price of the underlying,...