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Mmmbuy

MMM 3M Company 141K Calls, $200 Strike Price, Expiring Sept. 16!I don`t know if you monitored the Option Chain last Friday. I always do that for my clients and I was shocked to see for MMM 3M Company 141K Calls with $200 Strike Price, Expiring Sept. 16! On Thursday we had 70K calls, same expiration date and strike price. It has to do something with 3M's Healthcare Spinoff which sees Roadblock from Veterans, which sued the company to block its planned spinoff of the healthcare business. I bet the call options buyers are thinking that the spinoff will be approved in court by September 16. The stock is one of the Dividend Kings, the company has increased its dividend for 65 years and the Forward Dividend & Yield id 5.96 (4.90%). At this oversold level, with the RSI at 22, i wouldn`t be surprised to see at least a technical bounce to $130, if not even higher. Looking forward to read your opinion about it!
NYSE:MMMLong
by TopgOptions
2
MMM - 3M s/r zonesHello traders, Description of the analysis: Main s/r zones for 3M shares. Currently on strong support from 2016, a very suitable opportunity in terms of technical analysis and volume distribution of the price. The dividend strenght will be attractive. 3M has an earnings payout ratio better than 29% of dividend stocks. MMM pays 46% of its operating cash flow as a dividend, which is better than 27% of dividend stocks and MMM pays 60% of its free cash flow as a dividend, which is better than 37% of dividend stocks (from Seekingalpha source). The situation is more than interesting for investment. Never invest in assets you don't understand, so invest and trade wisely and carefully. About me: Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (4 000 000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades. Jacob
NYSE:MMMLong
by Jacob_Kovarik