SNAP Options Ahead of EarningsIf you haven`t sold SNAP here:
or ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of SNAP prior to the earnings report this week,
I would consider purchasing the 11usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $0.60.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Optionsstrategy
UAA Under Armour Options Ahead of EarningsAnalyzing the options chain and the chart patterns of UAA Under Armour prior to the earnings report this week,
I would consider purchasing the 7usd strike price Calls with
an expiration date of 2023-11-10,
for a premium of approximately $0.59.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
TMC the metals company Options Ahead of EarningsIf you haven`t bought TMC before the spike:
Then analyzing the options chain and the chart patterns of TMC the metals company prior to the earnings report this week,
I would consider purchasing the 1usd strike price at the money long term Calls with
an expiration date of 2026-1-16,
for a premium of approximately $0.50.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
U Unity Software Options Ahead of EarningsAnalyzing the options chain and the chart patterns of U Unity Software prior to the earnings report this week,
I would consider purchasing the 27usd strike price Calls with
an expiration date of 2024-5-17,
for a premium of approximately $4.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
FUTU Holdings Limited Options Ahead of EarningsIf you haven`t bought FUTU`s dip here:
Then analyzing the options chain and the chart patterns of RUM Rumble prior to the earnings report this week,
I would consider purchasing the 64usd strike price Calls with
an expiration date of 2023-11-24,
for a premium of approximately $1.33.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
90% win rate 🚀 Unveil an easy $GLD Call Play with naked #goldHey everyone, Greg is here with a quick rundown of today’s options trading play. I entered the ring with a naked call on AMEX:GLD , aiming for that sweet spot of easy returns on a maximal Pop trade. Today’s golden ticket could net me a max profit of $118 with a probability of profit (PoP) sitting pretty at 80%, all while tying up $3000 of buying power and riding on an implied volatility rank (IVR) of 20%.
The game plan was simple: watch the market, play it cool, and have a couple of scenarios up my sleeve:
(Scenario A) If the price hikes, I'll pivot to a strangle, balancing out with a sold put to accompany my call.
(Scenario B) If it looks like easy money, I’ll lock in those gains and close out the current trade, quick and clean.
The strategy is all about simplicity, with an exit plan to bow out gracefully at about 65% of the max profit. As of today, November 5, 2023, that naked call is open and I’m in the market.
To wrap it up, here’s the play-by-play for today:
Date: November 5 , 2023
Strategy: Naked Call on AMEX:GLD
Opening Credit: $118
Expected Profit: Exiting at ~65% of max profit
Probability of Profit (PoP): 80%
Required Buying Power (Req.BP): $3000
Implied Volatility Rank (IVR): 20
Current Position Balance (as of opening): $118 of credit (1.18cr)
Stay tuned to see which scenario unfolds and how the trade’s balance shifts in the coming days. Keep it easy, folks!
AFRM Affirm Holdings Options Ahead of EarningsIf you haven`t bought AFRM ahead of the previous earnings:
or when you saw those big puts adding:
Then Analyzing the options chain and the chart patterns of AFRM Affirm Holdings prior to the earnings report this week,
I would consider purchasing the 20usd strike price Puts with
an expiration date of 2024-1-19,
for a premium of approximately $2.17.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
DVN Devon Energy Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of DVN Devon Energy Corporation prior to the earnings report this week,
I would consider purchasing the 47usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $3.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
AMGN Amgen Options Ahead of Earnings If you haven`t sold AMGN on the HZNP deal:
Then analyzing the options chain and the chart patterns of AMGN Amgen prior to the earnings report this week,
I would consider purchasing the 262.5usd strike price Puts with
an expiration date of 2023-11-17,
for a premium of approximately $8.15.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ARDX Ardelyx Options Ahead of Earnings If you haven`t bought ARDS before it went up 6X:
Then analyzing the options chain and the chart patterns of ARDX Ardelyx prior to the earnings report this week,
I would consider purchasing the 4usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.45.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
XOM Exxon Mobil Corporation Options Ahead of EarningsIf you haven`t bought XOM when they made "more money than God" here:
or ahead of the previous earnings:
Then analyzing the options chain and the chart patterns of XOM Exxon Mobil Corporation prior to the earnings report this week,
I would consider purchasing the 110usd strike price Calls with
an expiration date of 2023-10-27,
for a premium of approximately $1.43.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
ABBV AbbVie Options Ahead of EarningsIf you haven`t bought the dip on ABBV here:
Then analyzing the options chain and the chart patterns of ABBV AbbVie prior to the earnings report this week,
I would consider purchasing the 147usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $3.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
NOW ServiceNow Options Ahead of EarningsAnalyzing the options chain and the chart patterns of NOW ServiceNow prior to the earnings report this week,
I would consider purchasing the 470usd strike price Puts with
an expiration date of 2024-5-17,
for a premium of approximately $27.80.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
WAL Western Alliance Bancorporation Options Ahead of EarningsIf you haven`t bought WAL here:
Then analyzing the options chain and the chart patterns of WAL Western Alliance Bancorporation prior to the earnings report this week,
I would consider purchasing the 48usd strike price in the money Puts with
an expiration date of 2023-10-20,
for a premium of approximately $2.12.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
CSX Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CSX Corporation prior to the earnings report this week,
I would consider purchasing the 32.50usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $0.90.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
LRCX Lam Research Corporation Options Ahead of EarningsAnalyzing the options chain and the chart patterns of LRCX Lam Research Corporation prior to the earnings report this week,
I would consider purchasing the 650usd strike price at the money Calls with
an expiration date of 2023-10-20,
for a premium of approximately $20.30.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
MS Morgan Stanley Options Ahead of EarningsIf you haven`t bought MS here:
Then analyzing the options chain and the chart patterns of MS Morgan Stanley prior to the earnings report this week,
I would consider purchasing the 85usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $1.85.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
UNH UnitedHealth Group Incorporated Options Ahead of EarningsIf you haven`t sold UNH`s Double Top here:
or reentered the Double Bottom:
Then analyzing the options chain and the chart patterns of UNH UnitedHealth Group Incorporated prior to the earnings report this week,
I would consider purchasing the 530usd strike price Calls with
an expiration date of 2023-10-13,
for a premium of approximately $6.40.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
MKC McCormick & Company Options Ahead of EarningsAnalyzing the options chain and the chart patterns of MKC McCormick & Company prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $2.53.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
MU Micron Technology Options Ahead of EarningsIf you haven't bought MU here:
Then analyzing the options chain and the chart patterns of MU Micron Technology prior to the earnings report this week,
I would consider purchasing the 75usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $3.37.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
UNFI United Natural Foods Options Ahead of EarningsAnalyzing the options chain and the chart patterns of KBH KB Home prior to the earnings report this week,
I would consider purchasing the 20usd strike price Calls with
an expiration date of 2024-2-16,
for a premium of approximately $2.12.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
DRI Darden Restaurants Options Ahead of EarningsIf you haven`t sold DRI here:
Then analyzing the options chain and the chart patterns of DRI Darden Restaurants prior to the earnings report this week,
I would consider purchasing the 160usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately $4.10.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
MRTX Mirati Therapeutics Options Ahead of EarningsAnalyzing the options chain and the chart patterns of MRTX Mirati Therapeutics prior to the earnings report this week,
I would consider purchasing the 35usd strike price Puts with
an expiration date of 2023-9-15,
for a premium of approximately $0.57.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.