Options
$TSLA should be a fun week !After making good $ on shorting Tesla from the triangle break down, I'm re entering Long weekly calls speculating on a nice move in the coming days back to 1000 zone resistance.
Barring any further market weakness I like the setup on Tesla here long :
ER this week so expect a run up to earnings
Bullish Hammer candle with high volume
Key Resistance at 1000 level , trading now at about 930
Oscillators and Indicators appear to be bottomed, expecting a turn here
Plan is to trade the "pop" up to 1000 level and then take profits as I never play Tesla earnings. For those with more risk appetite in options through earnings remember that previous support becomes resistance so it's very possible we get a pop up to 1000 level only for a possible ER dump to follow. One thing for sure is IV can be crushed after so keep that in mind.
Most bullish scenario is pop up to 1000 and then ER moon shoot 1060/1070 zone .
Either way, looks like a lot of shorts have covered and a good R/R to play at this price long IMO.
I'm in weekly 1000C , currently up 40% and holding for more upside.
IWM 195/190 Put Credit SpreadSimple trade idea here. 1 month out, >10% RoM (Return on Margin) This one was filled at 0.55 credit, allowing for commissions on the way out to be covered and keep the 10% return.
I did not love that this was moving downwards still, but we are near the bottom of the range and this trade gives us 8% or so of room. Management rules will still apply. close at 50% profit, or -200% of credit received.
$SPY, trading it 1/24over 448.5 451.5-453 possible
under 436 431.5-433 possible
#intradayoptionstrading #stockmarket
NO bias, plan for red or green day. chop/ranging = hand sitting
powell speaks, ERs & current Ukraine/Russia crisis: keep note of & watch, could impact market & sentiment, NEED TO KNOW this
How to crawl history price or options from TD Ameritrade API?I crawl options data from Yahoo Finance but actually, Yahoo returned fake data if I send a thousand requests.
I research and use TD Ameritrade API to get options, both github.com and github.com is a good rating. However, every time I send a request a new token is generated then the TD Ameritrade API team noticed me. I like tdameritrade package than td-ameritrade-python-api because of the handled tokens.
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Major changes in the v0.1.0 update to the way tokens are handled.
You will still need the original authentication instructions, but the TDClient now takes the refresh token and client id, not the access token. A new session class handles token expiration and will automatically call a new token as needed.
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And I used Redis to keep tokens in 30 minutes, then my project works smoothly.
You have a job similar please reference github.com you can download source code and use (the package I am testing)
I hope this source saves your time.
KSS LongDespite the recent pullback in the US stock market, I remain bullish on KSS. As shown in my analysis, there is a pretty clear bull flag patter formed in Kohl's price movement. The last KSS bull run yielded 250% return so there is significant upside should a breakout occur.
Not finacial advise, simply speculation (:
Good luck!
The best tool to follow optionsYahoo Finance is the best tool.
I like to trade options but I haven't found the best tool yet. I often follow Yahoo Options, I think this is the best tool and it is free.
Although it is delayed 15 minutes as real-time price, I can get all contracts of many expirations and based on changing price.
Steps to follow:
Search a ticker and go to the Options section
There are 2 viewing types: List and Straddle. I often look at on Straddle section to compare between CALL and PUT.
In the expiration select box, I often visible the second or third week from current, it is less losing (this is my expiriense)
Key to focus: change and open interest, it is important to trade options
However, Yahoo Options don't support comparing change along days (I will note next article)
Summary, Yahoo Options is the best free tool to follow trading options.