Chart shows death-cross highlighted as a pink circle. The definition of a death-cross is when the 50sma crosses below the 200sma. This technical pattern signals further downside. The red horizontal level R1, is the bullish short-term target, if we can cross the 50 (orange) and 200 (red) moving averages, and revert the death-cross. However, unless we can stay...
.146 or .236 then recovery. Unknown after that. Long-term BULLISH. short-term bearish.
.. for a .04/contract debit. Notes: In for .53/contract (See Post Below), out for .04 here; .49 ($49) profit per contract with 28 days to go. Will potentially re-up if implied pops up above 35%; it's dropped to 34.4% here ... .
... for .07/contract. Notes: In for .43/contract; out for .07. .36 ($36)/contract profit.
... for a .53/contract credit. Notes: 30-day implied at 48.8%. ROC 2.72% at max as a function of notional risk.
Options Highly Liquid Exchange-Traded Funds Ranked by 30-Day Implied Volatility: MJ (39/75) (Cannabis) ICLN (10/56) (Clean Energy) LIT (36/47) (Battery) JETS (2/46) (Airlines) EWZ (5/43) (Brazil) XBI (29/43) (Biotech) XLE (8/42) (Energy) SMH (28/41) (Semiconductor) KRE (8/40) (Regional Banks) SLV (10/38) (Silver) Broad Market Exchange-Traded Funds Ranked by...
Looking for the juice? Here's where it's at ... . Options Highly Liquid Single Name >$10/Share With Earnings in the Rear View, Sorted By 30-Day with a >50% Cut-Off: CRON (43/236) (Cannabis) AMC (21/218) (Theatres) TLRY (40/185) (Cannabis) SRNE (5/165) (Biotech) INO (4/145) (Biotech) ACB (11/127) (Cannabis) NKLA (12/125) (EV) CGC (23/99) (Cannabis) NCLH (4/99)...
I'm doing a quick and dirty this week just to give me a sense of where premium is at ... . Highly Liquid Single Name With Earnings in the Rear View Ranked by 30-Day Implied Volatility: WKHS (27/232) (EV) TLRY (13/193) (Cannabis) NKLA (15/138) (EV) ACB (6/124) (Cannabis) SPCE (30/120) (Aerospace) PLUG (39/113) (Alternative Energy) NIO (41/107) (EV) TEVA (11/103)...
Options Highly Liquid Single Name With Earnings in the Rear View Mirror, Ranked by Percentage the April 16th At-the-Money Short Straddle is Paying as a Function of Stock Price: AMC (24/221/50.6) (Movie Theatre) TLRY (26/162/44.7) (Cannabis) ACB (3/120/33.9) (Cannabis) NKLA (12/128/30.9) (EV) PLUG (44/114/30.7) (EV, Hydrogen) SPCE (22/106/28.9) (Space...
... for a .43/contract credit. Notes: In the top ten exchange-traded funds ranked by 30-day implied: 30-day at 55.9%, expiry-specific at 53.4%. 2.09% ROC at max.
Based on wave count, momentum and fib price and time extensions, I'm thinking we can expect NASDAQ:ICLN to go down over the short term. Possibly to $28.66. But... I have a hard time making this call because the uptrend seems so strong. What do YOU think?
... for a .56/contract credit. Notes: A new addition to my liquid exchange-traded fund list ... . With 30-day at 53% and the at-the-money short straddle in the February cycle paying 15.6% in credit as a function of stock price, going Plain Jane short put at the 18 delta strike with a 23.44 break even. 2.39% ROC at max as a function of notional risk. Will...
EARNINGS: There aren't a ton of earnings next week. Some financials are announcing, but I generally don't play those a ton for volatility contraction, since they never really frisk up that much, and all are below 50% 30-day implied here. KBH provides the best bang for your buck with the implied metrics I'm generally looking for (>50%), followed by DAL. Both,...
Clean Energy ETF should benefit under Biden administration. Looks oversold, RSI hitting support, TTM pointing to a buy currently - loving this set up, in some Feb. calls
EARNINGS: I've culled down all of next week's earnings announcements to options highly liquid underlyings where the 30-day is >50% and am left with two potential candidates for volatility contraction plays: BBBY (23/99/26.3%)* and MU (23/53/14.0%). BBBY announces on Thursday before market open, so look to put on a play in the waning hours of Wednesdays session;...
A detailed analysis on the subject of the expected green revolution in this decade. I won't dwell into the chart technicals' instead I will focus my attention on the fundamentals, in three key bullet points: A) Firstly, I chose ICLN since it's by far the largest by volume and assets, green ETF. Interestingly it has had quite an abysmal performance relative to...
If Biden/Harris win in 2020, this ETF will skyrocket. Great trend as well