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WW – Weight Watchers Bullish Confirmation & Earnings PlayWatching WW for pullback below $42 to enter or waiting until March weekly options populate. Trade Entry Earnings are Feb. 25. Current Weekly options stop at Feb. 21. My opinion – 1. Buy shares on a pullback below $42 holding until earnings. 2. Wait for Weekly options to populate in a week or two. 3. Use shorter expiry options. I cannot find anything with equal risk reward or better, so I will wait. Chart Details Bullish EMA Cross and Bullish 10WeekMA price cross. White trendline is intact. Gap fill up to $60 with upcoming earnings. 1.618 Fib Level is perfect with gap fill. Not coincidence IMO. News – Oprah is going on Tour in 2020 for Weight Watchers. www.weightwatchers.com This could prove to be positive continuing catalyst. Oprah has massive following and was the last catalyst for WW. Need to watch for more data after gap fill. Not currently in this trade. I will update if alert hits, trade is entered, or better options entry presents. About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, CRWD Bullish short term, ZM Bullish, BYND Bullish
NASDAQ:WWLong
by MoneyPatterns
ZM – Bullish Breakout & Bullish EMA CrossOrder pending. Waiting for fill. Trade Entry 1/24 – Put Credit Spread. 70/74 Strikes. Credit of $2.00 or more. Risk/reward is same $200. Stop at $68. Exit at 50% profit, $74 or $78 last resistance, or see if hold close to expiry. For owning stock versus options, I think this is a good entry price with 6-month time horizon or greater. I think ZM will be above $74 by 1/24 based on chart. Starting with single options spread until ZM provides more bullish data. Chart Details Bullish flat bottom wedge pattern. Price breakout bullish. Bullish 10WeekMA price cross and EMA bullish cross. Price is about where it was during IPO. Great company. Good long term value. About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, CRWD Bullish short term.
NASDAQ:ZMLong
by MoneyPatterns
GDX – Pausing Before Resuming BullishTrading active in GDX. Going to gap fills at $37 possible. Trade Entry 1/31 expiry, 27/31 Put Credit Spread. 1/31 Expiry. 29/33 Put Credit Spread. Chart Details GDX currently in Bull Flag breakout. Fractal from pole of Bull Flag is almost identical to current price breakout. Fractal lines up with 0.618 Fib Extension and gap fills. Things confirming in this manner are positive correlation. I see GDX taking a break on Fed Repo day of $35Billion or more. Same as fractal. By next week we are resuming up IMO. About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, CRWD Bullish short term. Previous GDX Chart
AMEX:GDXLong
by MoneyPatterns
BYND – Fake Meat BreakoutTrade Entry 1/24 – Put Credit Spread. 77/81 strikes for $2.05. This is almost even trade (risk $195 / reward $205). Stop at $77. Exit at 50% profit or gap fills in chart. I was able to get filled at $2.05. Chart Details Bullish flat bottom wedge pattern. Gaps to fill up to $190. Price is above 10WeekMA and is waiting for Bullish EMA cross to confirm. Bullish price breakout of bullish pattern towards gap fills looks good. Daily trend just turned bullish. Should sustain for at least next few days. Over one week or more time we collect theta for the spread (time wasting works for us with credit spread). About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, CRWD Bullish short term.
NASDAQ:BYNDLong
by MoneyPatterns
8
CRWD – Bullish Breakout, Bullish EMA Cross & 10WeekMAActively trading in CRWD. See entry details below. Bullish pattern breakout with cyber-warfare benefits from Iran issue. www.bloomberg.com Trade Entry Jan. 10 Expiry - 54.5/57.5 Put Credit Spread. Risk $120. Reward $180. Credit of $1.80 or more. CRWD above $57.50 at expiry keeps entire $180 credit. Exit at 50% profit or your risk tolerance. Keep if CRWD looks to be over $57.50 at expiry. 4 day hold. Stops – $52.58 consider exit. Below $51.79 we lose the 10Week cross, exit for sure. Chart Details Flat bottom wedge is a bullish pattern. Price has broken out bullish. Full bodied daily candle with small topping tail tells me price wants to go higher. Bullish EMA cross on Daily view with 10WeekMA bullish price cross. This always provides positive returns on a weekly basis when both EMA and 10Week cross occur. Gaps to fill up to $92. Price will probably take breaks at previous resistance (pink lines $60 and $69). About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, CRWD Bullish short term.
NASDAQ:CRWDLong
by MoneyPatterns
2
MCD – Bullish Reversal to Gap Fill– Lovin’ ItTrade Entry I am tapped for capital with other trades actively working. If I were to enter, this would be my entry choices: Jan. 24 Expiry. 200/205 Put Credit Spread. $2.50 credit. Risk and reward are even $2.50. If you want to play earnings (which looks like good idea), move out to Jan. 31 or do both dates. MCD above $205 at expiry keeps the whole credit. Stops – MCD at $198 exit trade. Exit at 50% profit or hold to expiry if looking bullish. Chart Details Bullish breakout of bear flag. Bullish EMA cross and price 10WeekMA cross. Price should head up to fill gaps IMO. Probably consolidate at each gap. Watch RSI at 75 for bullish slowing. Daily and Weekly trend both bullish. Looks good. Previous MCD Chart About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. www.moneypatterns.com - Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish, CRWD Bullish short term.
NYSE:MCDLong
by MoneyPatterns
20
TEAM – Bullish Weekly Trend Incoming + EarningsNot currently in this trade but will be entering Monday. Stop loss $118. I will update if filled. Trade Entry Jan. 31 expiry. Put Credit Spread. $2.60 credit or more. Max loss $240. Max gain $260. Total probability of profit on this trade is only 56%. Low. EMA Cross, 10WeekMA cross, and earnings are reasons for entry. Close before expiry at 50% profit or greater. Looking to exit after earnings. If earnings are positive and no price spike, hold while collecting theta and waiting for price spike. Chart Details Chart is almost entirely bullish. Weekly trend about to turn bullish. There is positive price action every time this happens. Bullish EMA cross and bullish 10WeekMA cross are very close at $125. Options entry above takes advantage of moving average price crosses and earnings combo. About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish
NASDAQ:TEAMLong
by MoneyPatterns
2
GDX - Bullish PullbackTRADING ACTIVE GDX options 1/31 expiry, 27/31 Put Credit Spread. Adding to position with another spread based on chart. Chart Details Bull flag breakout pattern. Gaussian channel confirms current trend is bullish. Price in consolidation before further upside IMO. Multiple gaps to fill. Market at all time high with any pullback GDX will go higher. Trend dots confirm Daily and Weekly trends both bullish with room to run. Entry Options Today’s Order – 1/31 Expiry. 29/33 Put Credit Spread. $3.00 credit or more. May go down to $2.90. Risk $110. Reward $290-300. POP around 70% for total strategy. Stop loss at GDX $29.00 Must exit before expiry on 1/31. Hold maybe a week. Exit at 50% profit, gap fills, or your risk tolerance. For those looking to hold stock instead of options, I would consider this a good entry for 3-6 month horizon (~10%+ return in my estimate). About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. I am transitioning to my new website www.moneypatterns.com and have updated my name previously jbird7839. Same guy - new name. :) Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SPXS Bullish
AMEX:GDXLong
by MoneyPatterns
WM - Bullish Pattern Breakout - Bullish EMA Cross ImminentI AM NOT ENTERED IN THIS TRADE - BUT ITS READY IMO Unless price opens below $113.03, WM is ready. Bullish Put Credit Spread Chart Details Bullish pattern on Weekly view with bullish price breakout. Pattern is repeating in WM, flat bottom wedge (bullish pattern). I like this sign. Bullish EMA Cross on Daily view. Bullish EMA Cross on Weekly view is guaranteed IMO. Price is already above 10WeekMA with buy signals on Daily and Weekly. Only cons : - 2 gaps below current pattern. We aren’t keeping anything long. :) -Monthly options only, no weeklies. Plan accordingly. Entry Options Looking at 1/17 Expiry. Put Credit Spread. 110/115 strikes. POP 66%. Risk $345. Reward $155. Not the best risk/reward. But I like the pattern and EMA Cross/10Week price cross on Weekly - this is money in the bank 9 out 10 times. Stop loss at $112.50 Must exit before expiry. Hold maybe a week. Exit at 50% profit, gap fills, or your risk tolerance. Spread Comparison Debit Spread vs Credit Spread –Bullish Call Debit Spread everything the same would have risk $365, reward $135. This is the reason credit spreads beat debit spreads almost always. You risk less and make more with higher POP (probability of profit). About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. I am transitioning to my new website www.moneypatterns.com and have updated my name previously jbird7839. Same guy - new name. :) Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short term GDX Bullish, SMH Bearish, SPXS Bullish
NYSE:WM
by MoneyPatterns
GDX - Bullish EntryI AM WAITING FOR FILL ON THIS ENTRY Chart Details Bull Flag with bullish breakout. RSI bullish breakout Weekly trend just turned bullish. Gaps to fill above. Good entry at lower gap fill around $28.70 Entry Options Waiting for fill - 1/31 Expiration - 27/31 Put Credit Spread. Take $220 Credit. Max loss $180. Breakeven GDX at $28.80 About Me Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. I am transitioning to my new website www.moneypatterns.com and will be updating my username here. Same guy - new name. :) Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC.
AMEX:GDXLong
by MoneyPatterns
GLW - Bullish EMA Cross and Upcoming 10WeekMA CrossTHIS IS NOT READY. Ready after confirmation of daily close above $29.34 (or 10WeekMA). GLW - Corning (maker of Gorilla Glass for phones) has a bullish EMA Cross. Short term bullish bias after 10WeekMA cross. Holding for day(s) to a week max. I would wait until after Xmas to enter this trade. I may enter on Friday and hold over weekend. This will be a Put Credit Spread - bullish bias. I will update with possible entry prices and expiration once I enter. GLW has weekly options making entry easy IMO. Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. I am transitioning to my new website www.moneypatterns.com and will be updating my username here. Same guy - new name. :) Website will be ready for launch mid-January 2020. Thank you for your patience while I try to juggle everything and maintain the same standards. Disclosure - I am long BTCUSD, GBTC. Short-term NFLX
NYSE:GLW
by MoneyPatterns
NFLX - Short Term Bullish - Options Entry UpdatesNFLX just had a bullish EMA cross and price cross above 10WeekMA. There is a decent gap to fill from $340-360. Last week - 2 separate analyst upgrades with $400+ target. www.marketbeat.com I have been using vertical put credit spreads last three days successfully for $80-$100+ each time on single put spread. For those following along: Today/Tomorrow EXITS NFLX exit - 332.5/327.5 Put Spread. Sell to Close 327.5. Buy to close 332.5. Net Debit. Trying to fill at $1.36 or less. My first attempt to fill is .85 cents. We want to pay least as possible to buy back. Other NFLX exit – 330/335 Put Spread. Sell to Close 330. Buy to Close 335. Net Debit. Trying to fill at $1.32 or less (47% profit). Again, buy back least as possible. May need to wait another day. Today/Tomorrow ENTRY NFLX 330/335 Put Spread. Jan 17 expiry. Sell to open 335. Buy to open 330. Net Credit. Trying for $2.90 or more. I would not enter below $2.50 credit. This order is meant to take advantage of a dip, if it happens. We have sell order if it goes up, and buy order if it goes down. Gap to fill above up to $360. January effect should bring this up after the first, when companies make 401K contributions for FY2019. Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Disclosure - I am long BTCUSD, GBTC. Short-term NFLX
NASDAQ:NFLXLong
by MoneyPatterns
2