$ZM Pushing For New Highs | Options PlayTechnical Analysis of $BA plus this week's option play.
Zoom says added over 100 features as part of 90-day security plan
What we are looking for:
Breakout & hold from $262; These last few waves have been consistantly $20 per leg, looking for $279 next.
Retest of $254 providing a great entry, then breakout of $262
The Play:
$280 Call 7/17 @ $410 per contract
- I plan to grab one to get my foot in the door, will grab more if we come down and respect support
This is not financial advice nor am I a financial advisor
DotcomJack
Easyloottrading
$SPOT Option Play of Week | BullishSpoify ( NYSE:SPOT ) Technical Analysis & Option Coverage
Spotify brings real-time lyrics to 26 countries, not including the US
The Play:
- Short-term:
Estimated Time: 11 Days Max
SPOT $270 Call @ $235 per contract
or
SPOT $270 Call @ $610 (more time)
- Long-term:
Estimated Time: 3 weeks
SPOT $300 Call 7/24 @ $480 per contract
Let's keep this one short & sweet
DotcomJack
Do not trade this, this is not financial advice.
$QRVO Weekly Short Idea | Easy LootBullish Flag | Qorvo is an American semiconductor company that designs, manufactures, and supplies radio-frequency systems for applications that drive wireless and broadband communications, as well as foundry services.
Weekly Play: Short Position
Play 1:
Estimated time: 10-14 days
$105 Put 7/17 @ $235 per contract, looking to flip these at $107
After Play 1: waiting for breakout to grab play 2.
Monthly Play: Long Position
Play 2:
Estimated Time: 21-22 Days
$115 Call 8/21: Will update with contract price when entry is right.
Do not trade this, I am a 19 year old with no professional experience.
DotcomJack
Checkout some beautiful reads like this below:
$BA Earnings Option Play | WatchlistTechincal Analysis of $BA plus this week's option play.
British Airways finally receives its first Boeing 787-10 months later than planned.
What we are looking for:
Retest of the previous channel resistance (blue downtrend)
Breakout from $198 (Bullish Signal)
Last but not least, to send BA to the moon ($234), we need to breakout from the fat orange downtrend.
This play is intending for covid to not impact airlines. If covid makes a crazy breakout, we might see trouble for airlines.
The Play:
- BA ripped 14.4% today, which means contracts are worth 200%ish more than they were yesterday. In other words, we will aim to grab BA at the low of what looks to be next week or the week after.
Play 1:
- BA $232.5 call 7/24
This play is sitting up 114% on the day compared to the $230 strike below which is up 198% today. Once BA has a down day these premiums will get cut, giving us a buying opportunity.
DotcomJack | Easy Loot
Do Not Trade This!
$XRP $Economy Technical Analysis & Breakdown | July 2020Technical Analysis & Market Breakdown of XRP & our economy CRYPTOCAP:XRP
Easy Loot's Bullish Trade: If we successfully hold & breakout...
Estimated Time: 2 Months
- Entry: $0.18759
- Target Profit: $0.21227
- Greedy Target Profit: $0.2213
- Stop-Loss: $0.18526
XRP News:
- According to CEO Adam Traidman, SBI Ripple Asia is conducting trial and pilot projects in Asia for Ripple’s On-Demand Liquidity.
- Most major cryptocurrencies are stuck in a range suggesting a balance between supply and demand. For those that don't understand this, ask Jerome Powell. To explain farther, the Fed (J.P.) is buying bonds like never before. In even simplier terms, the Fed is printing money and pumping it into our economy...
Can you guess why this is actually bad for the Crypto market?
Well in my opinion, I believe us investors just don't have enough money to hold up the major Crypto coins yet pump the market as the Fed is doing.
The Fed is blowing up a bubble, a bubble in which is filled with fake money to hold up a economy built to last. Unfortunately, our society has outgrown our economic structure which has left our market makers shook and nearly confused. During the first crash (this year), we saw Cryptos & Metals follow SPY as everything tanked.
When this next bubble pops, what will hold our Crypto markets up? Better yet who?
Do not trade this, take any information as a grain of salt. This is not financial advice.
DotcomJack | Easy Loot | The Dotcom Takeover
$ZM Potential Breakout | Options Update$ZM Zoom looks for a potential breakout by EOW.
Cramer believes Zoom is a stock that can thrive even if the coronavirus continues to rise in states in the U.S. moving forward.
My Play once we break and hold above $254.90:
TP: $269 (7% leg up)
- ZM call $265 7/2 @ $535 per contract
or grab time...
- ZM call $280 7/17 @ $620
Do not trade this, I'm waiting for confirmation prior to entry. This is not financial advice.
DotcomJack