Get started

Optionstrade

Yen Alert: Unprecedented Option Trade on CMEThere's a pretty big reason to talk about the forecast for the yen's exchange rate. It's because of that big option trade that happened yesterday on the CME (Chicago Mercantile Exchange). These kind of transactions don't happen often with the yen, and this was the biggest one of the year so far. Here's a chart of the nearest yen futures. It shows where the quotes are likely to move based on the type of options portfolio we talked about in this post. In other words, the guy who owns this option portfolio is betting on the yen going up, or, if you look at the forex rates for USDJPY, he's betting on it going down. We'll be watching both the rates and his portfolio closely. It looks like he knows what he's doing.
Short
by ClashChartsTeam
FSLY Fastly close to 52 week low If you haven't sold FSLY despite the bearish Head and Shoulders chart pattern: Then you need to know that Fastly, a leader in global edge cloud platforms, has recently unveiled its latest innovation: the Fastly AI Accelerator. This marks the company's first AI solution aimed at enhancing the developer experience by boosting performance and reducing costs for applications utilizing large language models (LLMs). The Fastly AI Accelerator is designed to optimize API calls and minimize expenses through intelligent, semantic caching. Leveraging Fastly's robust Edge Cloud Platform and its industry-leading caching technology, the AI Accelerator employs a specialized API gateway to significantly enhance the performance of apps using popular LLMs, starting with ChatGPT and soon extending to other models. Given this promising development, I'm considering purchasing the $7.5 strike price call options for FSLY, expiring on July 19, $0.31 premium, to capitalize on the potential growth and increased market confidence in the company's innovative edge cloud solutions.
NYSE:FSLYLong
by TopgOptions
CVX Chevron Corporation Options Ahead of EarningsIf you haven`t bought the dip on CVX: nor sold the double top: Now analyzing the options chain and the chart patterns of CVX Chevron Corporation prior to the earnings report this week, I would consider purchasing the 165usd strike price Puts with an expiration date of 2024-9-20, for a premium of approximately $9.20. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:CVXShort
by TopgOptions
LRCX Lam Research Corporation Options Ahead of EarningsIf you haven`t bought LRCX before the previous earnings: Then analyzing the options chain and the chart patterns of LRCX Lam Research Corporation prior to the earnings report this week, I would consider purchasing the 880usd strike price Calls with an expiration date of 2024-5-17, for a premium of approximately $34.05. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NASDAQ:LRCXLong
by TopgOptions
SPOT Spotify Technology Options Ahead of EarningsIf you haven`t bought SPOT inside the Buy Area: Then analyzing the options chain and the chart patterns of SPOT Spotify Technology prior to the earnings report this week, I would consider purchasing the 220usd strike price in the money Calls with an expiration date of 2024-4-19, for a premium of approximately $18.90. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:SPOTLong
by TopgOptions