Options-strategy
Trade Log NIFTY April 22Today NIFTY's move retraced 200 points after initial flat opening.
After move down tomorrow, I was expecting range bound action. NIFTY kept on moving up.
1. Overall Advance Decline ratio is near 1 to 1.
2. NIFTY gains largely due to Reliance and Zee Entertainment.
Tomorrow is expiry day. It is interesting to see how NIFTY reacts to level of 9250.
SDC - Smile Direct Club - LONG Open Above trend line - Look NowSmile Direct Club looks really good breaking this line lets see if it holds
MFA Launch Pad Coming UpSo I have an option on this for 4/17 strike price $1.30 aka passed it. Regardless this stock clearly is a result of the virus not of the company. I think you will continue to see big results from this stock over the next weeks/month if not longer.
Of course the virus news highly dictates real estate.
NYSE:MFA
NYSE:DOW
TVC:SPX
BTCMOVE0413: Bought Volatility (options trading)Expecting some volatility closer to the close of the day. Bought volatility via BTCMOVE0413 contract; i.e expiring today.
Will cut it if quickly volatility continue to dry down.
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Information is just for educational purposes, never financial advice. Always do your own research.
Apple Options - 15m / 1m Failling WedgeI think you may see another Apple burst today for options. 1m which I cannot publish has a small falling wedge. 15 min seems to only back that up. Of course we are in odd times so anything can happen. Given pretty positive news past few days with agreements with NASDAQ:AAPL and NASDAQ:AMZN along with the cool new Apple feature "accidentally released" I think we should have positive movement. Once again... news outlook has some positives for the industry today especially energy sector, but unemployment etc is downside on the news.
AAPL is hitting support at 228 than breaking it hopefully to 212I think Apple is finally going down to 212 by Friday or Monday, with short opportunities at 234 and 228 but only if it breaks support at 228...
Also, MA 9 shows is a downtrend and the stock closed with a Doji Candlestick, which means is continuing the trend, Well for me it does...
Everything seems to line up... this is just my personal opinion the stock market is still very risky. Safe trading everyone!
$ROKU streams it all!Roku is some peoples favorite. Currently has a ton of social sentiment which over 100 mentions providing positive feedback. All indicators are pointing to this for a positive move even in this market. ER is in may, this is perhaps a good time to grab some calls for the May Er ( maybe some puts ) for a IV run up.
#covid #stocks #stockmarket #options #optionsplayer #trump #covid-19 #stayhome #live #covidactnow #GOPslushfund #covididiots #afterhours #Quarantine #quarantineandchill #quarentinelife #staysafe $spy $roku $amd $nvda $tsla $nflx $ba $baba $wmt $djia $aapl
NZD USD 14 March 2020Here is another interesting Weekly chart. NZD/USD... What I see, the price has broken the Weekly Trendline.
Option 1: The price will reach at 62200-62400, and retrace down a little bit, and eventually break up the Weekly trendline and find 64000 price
Option 2: The price will retrace up to 62200-62400, get rejected, and would go down even further 59400-59250
Safe Trade Folks! as Market for these couple of weeks was quite wild.
LOW RISK OPTIONS TRADE - SWING TRADE - GEOPOLITICAL TRADEAll comments and likes are very appreciated.
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Today OPEC+ is going to make a decision to cut OIL production or not to cut. The decision mainly depends on Russia now and thus situation in the Oil market is very binary.
Russia, for its part, sees U.S. shale on the ropes, with financial stress deepening for small and medium-sized drillers. U.S. oil production growth has slowed dramatically in recent weeks and months, and if WTI lingers below $50 for a lengthy period of time, output will plateau and may even decline.
The best Low-Risk trade with High RRR would be right now to buy Futures Option for WTI.
For example, price of WTI at this moment 45.56 - thus you can buy a Naked Call at 50.00 just for 0.28-0.30 USD - very cheaply and thus low risk.
If OPEC+ cuts production - we can see Oil rally to 50, in which case you will be able to sell your call for around 1.00 -1.50 USD - thus your RRR will be 1:5.
I wouldn't recommend to just go Long on CFD or Futures without a hedge - as the move can be very quick and you can get slippage and a big loss on your position.
I and/or others I advise - Bought 50 Call @ 0.28
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All comments and likes are very appreciated.
Best Regards,
I0_USD_of_Warren_Buffet