Options
ATH next move?Massive run on this name,
ER tomorrow, so not sure what is going to come out of this.
However, nice flag above 89.00 should trigger a new run to ATH
$LLY Bullish Pennant, Unusual Options Activity$LLY Bullish Pennant, Unusual Options Activity
$360M of January'22 deep in-the-money calls bought today (8-9x open interest)
On watch for a daily close outside the pennant (topside).
Near term target: $300-$310 range possible by early December
Note: This is NOT investment advice.
Bullish Hammer at PCZ of Gartley with Hidden Bullish DivergencePTON Had a crazy dump day the other day and lots of v9olume sold out of the stock we then spent a few days at the 78.6% retrace and we now seem to be getting a reaction, so long as we close the day like this, this should be a good bullish signal to enter. i will buy some shares and some calls here.
RBLX ATH Break Long Entry Weekly Options Play.Description
RBLX had an unexpected earnings beat and gapped up ~30% AH. A break and hold over 100.68 will mean supply is exhausted and trigger a long.
A close > 100.68 triggers a long.
Using Call Debit Spread, because profit is always limited by time.
Will look to enter at EOD.
Call Debit Spread
Tentative Levels on Chart
SL is a daily close < 100.68.
*Stops based off underlying stock price, not mark to market loss
The Trade
BUY
11/26 110C
SELL
11/26 125C
R/R & Break-evens vary on fill.
Long Call is placed at 110 for reasonable debit on position.
Short Call is placed at highest strike expiring EOM.
Manage Risk
Only invest what you are willing to lose
Long🟢Symmetric Triangle, Descending Wedge on BTCUSDT (Bullish)AI computes BTCUSDT is solid for a rally.
Price is in a falling wedge.
Falling wedge is a bullish pattern.
Wedge breakout will pump the price.
Heuristic pattern combination describes:
The wedge is in a Symmetric Triangle.
Wedge breakout triggers Triangle breakout.
Target would be ATH.
$OSTK | WEEKLY WATCHLIST 11/8One of my favorite swing setups pending. Patience is key here, waiting for the retest for entry.