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Near the money Strangle on Euro Stocks (FEZ ETF)We have the French election coming up and other than my trades on FXE I didn't have much on play for that. The IV Rank on FEZ is pretty high at 77 and I am selling the strangle with 30 days to go. After the first part of the election we might get a decent volatility. I am betting that Euro companies won't be impacted as much and I can get paid on the expensive premium. Sold the 35/36 Strangle for $2.03 per contract. 55% probability of profit.
AMEX:FEZ
by AlexanderGotay
4
$NFLX SIGNAL 4/19Today's was a Netflix ($NFLX) trade. Check out our profile link to read more. Synopsis: Netflix (NFLX) has had a really strong uptrend run since the election and has gained a massive percent since their last earnings call. Unfortunately, the most recent quarterly earnings caused a clearly evident swing in emotions of traders, because the price crashed almost 1% only to rally back up in the after-hours from the reporting period. So what is the hubbub all about? Well, Netflix is without a doubt a power-player in the tech/entertainment industry, but the competitive landscape is becoming fierce, with the likes of Amazon (AMZN) studios producing a hit winning accolades as well as the traditional box-office Hollywood entertainment market.   One can gather a lot of investing-intel from an earnings release, and how upper management handles the call.  Reed Hastings definitely had a “spin” on this release, urging analysts to focus on “long term” subscriber growth due to the hiccup this previous quarter. For us, this is a fundamental trigger to a stock price downswing, especially on the negative cash-flow expenditures the company is about to undertake for the next couple of years to acquire content.  Since those costs are going nowhere but up, this is another negative trigger set to send the stock downward. As far as the stock is concerned, we hardly ever go short and prefer selling a spread or buying a put option. For NFLX, this is no different.  If you’re more risk tolerant, then the plain put buy works. If you want to play the “time-card”, and earn premium, then a skip-strike butterfly or vertical spread works as well.
NASDAQ:NFLXShort
by EdgeAnalytics
1
TGT - Hi Risk/Reward Option play, $45 July puts @ $0.45TGT is a possible High risk setup with high potential reward. It has broken down a long term upward channel & Channel breakdown target is around $45-46. And on the daily chart it has a downward trend, which targets around $44. To play this we are considering $45 July-17 Puts, Currently around $0.45 * Trade Criteria * Date first found- March 14, 2017 Pattern/Why- Upward channel breakdown Entry Target Criteria- Break of $54.35; We would consider July $45 Puts Exit Target Criteria- $44-45 Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:TGTShort
by AcornWealthCorp
AMZN - Potential Head & Shoulder formation short from $844.33AMZN forming a potential head & shoulder. We would like to take the advantage from the top when it is forming the second shoulder, and a break of $844.33 will be a good entry point. For trade we would consider $850 Apr/May-17 Puts, last traded for $23.75 & $38.02 respectively. * Trade Criteria * Date First Found- February 23, 2017 Pattern/Why- Potential head & shoulder Entry Target Criteria- Break of $844.33 Exit Target Criteria- $802.13 Stop Loss Criteria- $858.13 Please check back for Trade updates. (Note: Trade update is little delayed here.)
NASDAQ:AMZNShort
by AcornWealthCorp
DIS - Upward channel or Rising wedge breakdown short from $108.5DIS was going higher within an upward channel or rising wedge formation. It seems broken down the pattern, retested the broken support and getting ready to rollover. It would be a good short, If it breaks below 50 day MA, and for trade we would consider $110 May-17 Puts * Trade Criteria * Date First Found- February 23, 2017 Pattern/Why- Upward channel or Rising wedge breakdown Entry Target Criteria- Break of $108.50 and MA-50 Option - $110 May-17 Puts Exit Target Criteria- $104.13 & lower Stop Loss Criteria- $111.07 Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:DISShort
by AcornWealthCorp
IMAX - Upward channel Possible earnings play, $31 March PutsIMAX seems running within an upward channel, also forming a possible bear flag formation. On the other side we have the earnings coming in 2 days. So we would like to take advantage with option, and we would consider $31 March-17 Puts, last traded for $1.25 * Trade Criteria * Date First Found- February 19, 2017 Pattern/Why- Upward channel, Possible bear flag, Possible Earnings play Entry Target Criteria- Current price Exit Target Criteria- $29 Stop Loss Criteria- N/A Please check back for Trade updates. (Note: Trade update is little delayed here.)
NYSE:IMAXShort
by AcornWealthCorp
Neutral position on BTCI currently have a debit spread open on BTC, with a $100 spread. BTC 31mar17 1100/1200. I expect the price to be trading within this range for a bit, however not all of it is completely sound. The probability of the call leg being In-The-Money is about 60%, and as of current it is trading pretty close to my strike price. To hedge that, I opened up my short leg with a few more contracts, to collect premium and be net profit at expiration, because there's a 40% chance of it ever going In-The-Money from that strike price. If all else fails, I'll adjust my position, and roll down my long call to a lower strike. For now, that doesn't seem necessary. All of the greeks are favourable. Theta decay is high on the short side, but that's also favourable- you want the top option to expire worthless so you get that sweet, sweet premium. Good luck!
BITFINEX:BTCUSD
by michael.oselskyi
X- Speculative Call option trade as it forming a Flag formationX seems forming a possible Flag formation, clearly seen in weekly chart. It also shows a small downward channel. At the breakout it can go up to 55 area, and to catch the gain we would consider $33 March Calls. Trade Criteria Date first found- January 25, 2017 Entry Target Criteria- Speculative entry point at current price, confirmation at the Break of channel ($36.67) Exit Target Criteria- First target $45, Second target $55 Option- $33 March-17 Calls, currently $3.10/3.15 Stop Loss Criteria- N/A (Note: Trade update is delayed here.)
NYSE:XLong
by AcornWealthCorp
1
COF - Double top formation Short from $87.93 to $76.23COF forming a massive double top formation. It touched the double top resistance & seems rolling over to the down side. Overall looks a decent shorting opportunity. Trade Criteria Entry Target Criteria- Break of $87.93 or rally to $91.55 Exit Target Criteria- $76.23 Stop Loss Criteria- $92.13 Option: $90 March/Apr-17 Puts You can check detailed analysis on COF in the trading room/ Executive summary link here- www.youtube.com Time Span- 12:50" Trade Status: Pending
NYSE:COFShort
by AcornWealthCorp
AMD - Option Play on earnings; Consider $10 Apr-17 Puts @ $1.38AMD is rolling over after breaking down from an upward channel. Now it is in perfect shorting territory. As earnings in 2 weeks time, we would consider option play for the earnings. Trade Criteria Date first found- January 13, 2017 Entry Target Criteria- from current label Exit Target Criteria- $7.67 Stop Loss Criteria- $11.07 Options: $10 Apr-17 Puts @ $1.38 Trade Status: Pending (Note: Trade update is delayed here.)
NASDAQ:AMDShort
by AcornWealthCorp