$HOG Iron Fly for earningsBuy: 11/22 33p for .49
Sell: 11/22 37p for 1.61
Sell: 11/22 37c for 1.80
Buy: 11/22 41c for .40
Net Credit: $2.52 (Max profit if pinned at $37)
BP Reduction: $1.48
As seen on the chart, was able to cash in on an Iron Condor last earnings cycle in a similar range. Going to give myself a little more time to be right and look to pin $37 in the next 30 days. Not overly concerned with what happens in the morning with earnings, but the binary event gives a nice chance to cash in on IV crush if the underlying shows little movement.
Options-strategy
$FIT Iron Fly$FIT Iron Fly
Buy: 11/22 3p for .13
Sell: 11/22 4p for .55
Sell: 11/22 4c for .44
Buy: 11/22 5c for .19
Net Credit: $0.67 (Max profit if pinned at $4)
BP Reduction: $0.33
Swing trading chart for optionsI saw ZipTraders video on YouTube titled "How to make $100 per day", and the chart was very simple.
So thought I would set it up for QQQ, add a short term MA, a BB for confirming reversals, and change the RSI to make it work for this ETF stock.
Strategy:
1. I look for the RSI to be either overbought, or oversold.
2. While RSI in that situation, I look for a peak to appear.
3. When the peak appears, then I check that the price has touched the upper or lower Bollinger.
4. If I'm unsure if the price is turning, then I check to see if the 3 day MA has flattened
5. I open the trade
6. I sell the trade as it approaches the overbought or oversold. (Unless I sell it early, due to losing faith in it, for other reasons)
Please note:
You can do this with stock. I'm using options, but I haven't used or refined this strategy yet. I'm planning to use only ETFs.
I have no connection with the people who make the video. However, this type of trading is the simplest out there.
$X Iron FlyHitting this one again. Worked out well last month. Only widening the strikes a bit to give more room and also increase max profit. This does add risk to the trade however, but with a greater probability of profit.
$X Iron Fly
Buy: 11/22 8p for .14
Sell: 11/22 11p for 1.08
Sell: 11/22 11c for .64
Buy: 11/22 14c for .07
Net Credit: $1.51 (Max profit if pinned at $11)
BP Reduction: $1.49
TRUE SCANDAL HAPPENED WITH BYND MEAT SHARE SALES AND ISSUE !!!! SELL THE SHARES OR SHORT THEM - THE COLLAPSE HAS JUST STARTED !!!!!
What happened to beyond Meat is an flagrant demonstration of how top executives and the Law autorise them to screw existing and late shareholders to make tons of money on their back and let them take the slide and huge losses.
clearly selling shares at 160 $ to privileged shareholders is screaming to the market that the 230$ price is way overvalued and it is all natural for the market to correct sharply to 160$ in a short period of time actually all happened from 234 TO 180 THEN the day of sales from 180 to 160 in one day.
Now investors being screwed are frustrated and give up the stock massively adding to that all the short sellers then there is absolutely no wonder the share will slide much lower in the short term as the 6 times profits were totally disconnected from reality however the numbers and fundamentals were good. Revenues tripling and share price making 7 times is a clear disconnection.
And all lucky early investors are looking now their potential profit going south and they will sell also massively to still make a huge multiple bagger
I personally think this should be illegal to offer massive amount of shares to the secondary market before proposing existing shareholders to buy them discounted and issuing right issue to compensate them for the dilution and share price decrease that will automatically follows.
A true scandal !!! and free money to short sellers by tipping them so loudly with this share sales at 160 $ !! I can't believe management or investment bankers advising them on the sales are so dump to not know the consequences .
Fed action further distanced SP500 from 3000This is a follow up to GAMS' first post.
The Fed's 25bps cut, coupled with hawkish verbiage, added more weight to the already dwindling American corporate earnings and further confirmed GAMS's bearish view towards the rest of 2019.
Strong USD will create strong headwind to heavy-weight components in SP500 like MSFT, AAPL, etc who rely heavily on foreign revenues. As corporate earnings start to take a nose dive as it is about to now, the Fed wouldn't have any ammunition to turn the tide any more.
GAMS is extremely bearish with USD and SPX, in the medium to long term. We see GLD, JPY and long UST duration as safe havens in this environment.
To express above views, GAMS had entered below strategies.
1. Bull put spread on GLD, 132/152, Dec2019 exp. This creates upfront credit
2. Credit from leg 1 to buy TLT
3. Monthly TLT Covered Call
4. ITM put on SPY, Dec2019 exp.
SOLD PUTS ON TESLA at 217,50 FOR 4,10 $ EXP 09/08Well I love Tesla and the way people love or hate the stock
it is a great candidate for options sellers
so Tesla has an obvious uptrend right now so i did already 90,73 % on this one so too late guys for you
Tesla to my view has just a bit a run up but not much until a bad news comes to send the stock back !!!!
As you can see my strike was really safe but still 1,8 % on one week holding
Will close the trade by Friday And roll over to an other stock
SOLD PUTS ON BOEING STRIKE 340 for 4,50$ exp 09/08 BOEING AN OTHER GREAT COMPANY IN DISTRESS BECAUSE OF WHAT HAPPENED TO THE AIRMAX ISSUES
i OBSERVED A VERY STRONG RESISTANCE AT 340 $ AND IS HISTORICALLY AT THE BOTTOM CHEAP SO DONT EXPECT THE STOCK GOES LOWER THAN 340 $ ST
450 $ on 34000 1,3 % is not like BYND but here volatility is low so is the risk
All the beating has been done
sold puts on Under Armour premium more than doubled SOLD 10 PUTS AT 0,75 $ STRIKE 21 MATURITY 09/08
VOLATILITY ROCKETED AFTER EARNINGS BECAUSE THEY MISSED US targets but the overall results are beating estimates and the story is still very good
Happy to get the stock And sell calls
don't think the stock will collapse below 20 $ , no reason for it
sold puts on BYND @ 182,50 and 187,50 for 2600$Thanks god people are so scared for nothing especially with outstanding companies like beyond meat , the company had impressive results and announced a share issue because of that the stock collapse and volatility shoot up
now just imagine the premium you got on a stock like this and i missed the opportunity to sell two time higher ans i wanted to see how the stock reacted and rebounded
So i sol one put at 8,0 $ maturing 16/08 so 4,3 % return on 2 weeks strike at 182,50
sold an other one for 18,00 $ maturing 30/08 so 9,6% !!!! return on 1 month strike at 187,50
WOW IT IS A RARE OPPORTUNITY SUCH HIGH PREMIUM AND I COULD EASILY HAVE DOUBLE IT IF I WAS MORE DARING
AGAIN THE COMPANY IS SOLID AND THE STOCK HAD A HUGE RESISTANCE REACHING 185 $ AND REBOUNDED SO FAST
EVEN STIKED YOU WOULD GET IT FOR 8 AND 18 $ DISCOUNT FROM THE LOWEST POINT WHEN THE STOCK DROPPED
tHEN YOU SELL CALLS
I don't believe will be triggered
SELLING PUTS ON AMAZON 1935 $ TILL THURSDAY NIGHT TO MILK IT IV is at 50% and premium hoover at around 26-30 so i don't expect huge swing below 1935 till earnings at closure Thursday
Theta is around -5,0xxxx so i will cream the option time value till Thursday and get out
So 2000 $ ish target in one week
Lets see