Options-strategy
Creating Call Credit Spreads. From bullish to BearishThis is a quick position i want to share using options.
I plan on adding on bullish positions along the way.
This is my style.
Check it out.
Thanks
Looking for EWZ to retrace as it should. Patience on re-entry.Trading EWZ with options.
Calenders and Verticals in specific.
looking for a retrace so im open ended on the position to the down side.
Im long term Bullish.
Short term Bearish.
Also note, if retracement actually matures, it will leave a bearish formation producing resistance levels.
The market will have to fight back a little harder to bring back the current high levels.
GL luck all
UNG - Bullish-neutral Iron CondorThe major activity in natural gas, especially over the past 2 weeks presented an opportunity to make a bullish-neutral bet.
31/32/42/43 JAN19 IRON CONDOR @ 0.73 CREDIT
General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.
Comment or direct message for discussion, or on other interesting ideas!
Follow for updates.
Short Put on SPY 75% probability of profitAfter a Gap down, Sold the 254 put for $4 for a 75% probability of profit.
We make money as long as the price stays above 250. It needs to move another 6% down for us to start losing money.
MGM - Bullish-neutral Iron CondorStock has sold off since Jan, and held the downtrend throughout 2018. Bearish momentum is slowing down, as if recovery is in the works (compare LVS idea); betting this bad boy experiences a slowdown, with price staying in the range or having a quick reversal of the downtrend.
21/22/33/34 FEB19 IRON CONDOR @ 0.25 CREDIT
General plan:
Roll if necessary & if possible mainly to reduce risk.
Target maximum profit, unless significant profit appears early.
Comment or direct message for discussion, or on other interesting ideas!
Follow for updates.
AMZN - ShortGo big or go home.... Line up them puts its looking to go to $1,400 time to make some serious money
Papa John's Set To RecoverPZZA fell on Wednesday after news that a major bidder, Trian Fund Management LP, is no longer pursuing the company.
This follows a long rally for the stock, despite a broad market sell off. I think we'll see some consolidation here followed a modest gain as more news and bidders come into the picture.
I entered long at 47.87 here, with a strangle at DEC21 expiration.
DEC 21, 52.5C, 47.5P
Options Chart:
twitter.com
GRUB - Quick dip to $68, before the jump off to $282 by NYSE:GRUB certainly headed higher, but that C wave has to complete first. my best guess is the golden pocket, the 618. But once past this pothole, ohhhhh boy the fun starts.. I got 161.8% of primary Wave 1, off the “estimated” end of Wave 2... COMING IN HOT $282, The Last Jedi Leap Call Options..
The price awakens December 2019..
BABA $160 Options-Light traffic aheadso now there a fall five weave pattern has been completed, technically we have to correct which typically would bring you down to the 50 or to the 618. So by drawing a pitchfork to wear the football is headed I could still estimate that $160 target to be hit prior to the December 14 expiration... I’m on showing a 187% profit if it hits, here’s the link to Options PROFITS calculator, it’s dope. but these deltas ABSOLUTELY change as soon as stock crosses above the 382. Same thing happened w AMZN last week.
opcalc.com
Soon as it crossed above $1696, ZZZOOMM ZZOOM that thing took off.
The Delta went FROM 0.31, to 0.62, to screen shots, couldn’t believe it.
KSS - Neutral Iron CondorThe stock price broke out from a range, made what looks like a head-n-shoulders pattern, and can mirror the channel pattern it made before the head-n-shoulders. Volatility is high and this is a neutral directional bet on the price action.
47.5/50/77.5/80 JAN19 IRON CONDOR @ 0.45 CREDIT
General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.
Comment or direct message for discussion, or on other interesting ideas!
Follow for updates.
BA - Neutral Iron CondorTaking advantage of mixed market feelings toward stock to place wide neutral iron condor to box in price action.
255/265/365/375 JAN19 IRON CONDOR @ 1.67 CREDIT
General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.
Comment or direct message for discussion, or on other interesting ideas!
Follow for updates.
LVS - Bearish-neutral Iron CondorStock has sold off since May/June, with no recovery since last earnings report. Betting on price to stay within this range.
35/40/62.5/67.5 JAN19 IRON CONDOR @ 0.64 CREDIT
General plan:
Roll if necessary & if possible to reduce risk.
Target maximum profit, unless significant profit appears early.
Comment or direct message for discussion, or on other interesting ideas!
Follow for updates.
Fb possible Bounce,strong support $130It is hard to predict o time the market but in this scenario is not much gain for shorting the stock until the stock is at leat near the upper band, max gain for short seller is limited to $4 bucks,also, as a remainder today was a big green candle if you look at 4 Hourly chart and risk takers buy below the lower band, also, the fundamental case for FB trades now at 19x his earnings,industry leader, at the power of reach the world, Never understimate good companys,because of the noise and CNBC propaganda, maybe if you are an option trader Dic 28 Calls ITM $130, If you want to take less risk with 30% Stop Loss or if you want to take more risk, $140.00 Calls OTM There is a good chance that the stock bounce between $147.37-$140.22 and the bearish case is $130.57-126.1533, this is still in down trend and for long term investor is good chance to buy very cheap, for swing trader set a stop loss for a good profit! have a nice day! :'V FB
Netflix Still Has Room To FallDespite a 36% dive, $NFLX can fall another 29% and still post a small gain for the year.
Given rising volatility and a broad-market correction, a short position on Netflix could be a good idea.
A bearish strangle with expirations on DEC21 is what I'm currently holding. The possibility for an end of year rally is still there (hence using a strangle for protection if things go awry), but the probability of that rally grows increasingly slim - particularly within the FAANGs as a correction is far past due.
BABA - NO SLEEP TILL BROOKLYN $160Baba did not correct as i thought, it has now passed the $152.90, should be nice ride to $169
Iron Condor for TXN The stock might stay between 102 and 116. Option orders for Iron Condor
-1 TXN $102 Put 10/26 Sell
+1 TXN $100 Put 10/26 Buy
+1 TXN $118 Call 10/26 Buy
-1 TXN $116 Call 10/26 Sell
BABA options Trade.. Hit $160 by Tues, and $175 by ThnxgivingNYSE:BABA
Tech: Has had trouble breaking thru major 382 fib level. Shallow “2 wave” due to market rally and AMZN (same sector) price action..
Trade Rationale: Alibaba’s Singles day (Amazon prime day equivalent) is Monday 11/11/18.. BABA reported highest consumer signups ever and last years 1 day rake was $24B.. I think the if news reports anything remotely good on the numbers, that will give NYSE:BABA enough BUY volume “Boom POW” momentum to get it over the 382 wall it needs to climb... and plus, JD.com ain’t been doin all that well w market share... #JD .com down -49% YTD ~ (-$30.9B mrkt cap)
and BABA down -18% YTD -$82.5B mrkt cap
Option strategy.
1. Long Nov 23 $160 Call Option, Trading at $0.78 currently.. when it hits, 451% return
Stop loss: think, If Baba < $144 = BAD
2. Long Dec 7, $175 Call Option, Currently trading $0.47... If it hits, 1,581% return... Lol
TSLA to $485 by apr?I'm not actually getting in on this trade, there is too much uncertainty around Musk and Tesla for my liking at the moment. I have traded TSLA in the past. This is a stock I would like to see get less unpredictable. That being said, the monthly candle suggests conditions for a bull run.
Bear move coming for NFLX, 26% drop by FebI'm actually long on NFLX stock but I think it'll drop over the next quarter. Overvalued compared to the other streaming services but lots of original content and a huge expected increase in subscriptions to streaming services over the long term.
This chart is based on a monthly consolidation but I am showing the weekly candle to show that my last 5 forecasts with NFLX all hit their targets, although they were shorter term targets.
Expiry Strategy: Sell 290 Nov Put @ CMP 1.7Moving average crossover signals bullishness. Expect this series expiry would above 290.
