Optionstrader
TSLA Technical Analysis July 26-29Today on TSLA we bounced at the 9EMA at 768.69. TSLA started trading above the 9EMA on July 14. My ZOOMOUT chart is on the 4h candles, ZOOM chart is on the 1h.
Based on support and resistance, this is a rough estimate of where the trend will follow with four possible outcomes for the rest of the week. Bullish, MID/Flat, and Bearish estimates.
I'm leaning towards a bullish stance for tomorrow. There were market sell offs after the last two FOMC meetings where interest rates were hiked, so be cautious of the possible bull trap.
Watch the VIX, watch volume and make sure you have your entries and exits planned. Good luck.
AMZN Options Plays THIS WEEK 7/18 to 7/22Watching this week to see if price can get ABOVE 116.61
If it does with clear strong buying I am going to be open to playing CALLS into 120.57 and it is very possible we get the breakout to ~125
If price is showing weakness and cannot get above those levels I will also be open to playing CALLS below 111 and possibly 105 but I think a reversal to the upside is underway
I am open to playing PUTS above 124.53
Very hard for me to be bearish unless price starts pushing into 105 and BUYERS are not showing up.
$SPY - Where Does It Go with Low Volume?Very low volume today, if there's any day to sit out, it'd be today. This $415 level has been flagged by the chart, and it's not surprise to see choppy trading with a lack of direction at current levels. There are many waiting to short this rally and hence we also are seeing traders emphasize on this bear market rally to stop out early shorts. This move could extend to $420 (and possibly $430). Failure to break this $415 level, and could be trending on our way to $380 ( Fibonacci retracement support). Keep in mind, folks might be waiting for CPI numbers at the end of this week, which is when we might see an increase in volume that'll push us further. My investment strategy to scale on SPY shorts/puts is not something that I expect to realize soon but later within the coming month(s).
$SPY Trendline PrecisionWe're seeing huge put volume that continues to test the trendline resistance based on my previous $SPY analysis and based on the timing of this post, we just saw a huge bump from that same trendline. $QQQ also went red today and is fighting intraday support. Stay cautious as we could still move upwards in the near term, but I fully expect us to trend lower within the coming month(s).
$AMD's Bearish SetupWe recently saw a huge big green candle and then gapped down on Friday. Both of which retested the top of the wedge and failed to get over. That itself lends to bearish sentiment and is a bearish move in the making. While the green candles look bullish, the price action has yet to get back over the top of the wedge and until it does, the price emphasizes a bearish trend, so the bulls will want to get that back above the wedge.
Current position: I am still short on $AMD ($100 Put) and will monitor it to test the bottom of the wedge.
will today GOLD will fall ..? Buying Put options exp 07aprPrice is trading sideways and has retested many times horizontal support, with todays FOMC meeting minutes we expect volatility in gold price and potential of price breakout towards the downside....
in order to benefit from current scenario we can PUT options at 1920 strike price or below to get good RR and maximum risk of 2.20 euro per lot ( multiplied by number of lots you take ) for example in 5 lots max loss is around 11 euro only.. irrespective of how big price movement can be against ur trade..
Follow us for updates..
$BABA high P/L debit spread +170% TP with options #baba #alibabaAlibaba suffered the past one year.
My last trade was an $BABA Iron Condor, closed in profit:
Now it's time to play for some bullish bounce.
Reasons:
* Bullish volume, +10% in one day.
* Oversold smooth RSI
* Reasonable setup before event
* Bullish action candle
Max profit: $1100
Probability for 50% of Profit: 50%
Profit Target relative to my Buying Power: 170%
Req. Buy Power: $396 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 45 (average implied volatility rank)
Expiry: 15 days
Buy 3 BABA Jan14' 130 Call
Sell 3 BABA Jan14' 135 Call
Summary, 3 debit call spreads for 1.32db each.
Stop/my risk management : Closing immediately if daily candle is closing BELOW the red line, max loss in my calculations in this case could be ~$250.
Take profit strategy: 65% of max.profit in this case with auto sell order at 3.75cr for each position OR reaching the profit target level ($135 price lvl) - whichever occurs first.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
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$MSFT iron condor for 33% profit, 83% PoP #tradingHigh IVR, I'm not leaving money on the table.
Max profit: $250
Probability of 50%Profit: 83%
Profit Target relative to my Buying Power: 33%
Max loss with my risk management: ~$200
Req. Buy Power: $755 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 80 (ultra high for Microsoft)
Expiry: 50 days
SETUP: IC for $MSFT, because IVR ultra high, collecting 2.5cr
* Buy 1 MSFT Jan21' 290 Put
* Sell 1 MSFT Jan21' 300 Put
* Sell 1 MSFT Jan21' 360 Call
* Buy 1 MSFT Jan21' 370 Call
SAFETY ZONES: : Prev. resistance could act as support at ~$306, prev.ATH could act as resistance at $338.
Stop/my risk management : Closing immediately if daily candle is closing out of the the box, max loss in my calculations in this case could be ~$200.
Take profit strategy: 50% of max.profit in this case with auto buy order at 1.25db
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
$USO IronCondor 72%PoP, 45% profit - gift of the day with 176IVRDon't miss the opportunity of the day!
Highest IVR ETF today with the value of 173!
Of course, -5 delta meaning bearish Iron Condor.
SAFETY ZONES: 200MA could act as support, bullish trendline too.
Max profit: $314
Probability of 50%Profit: 72%
Profit Target relative to my Buying Power: 45%
Max loss with my risk management: ~$150
Req. Buy Power: $686 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 137-173 (ultra high for options )
Expiry: 56 days
SETUP : IC for , because IVR ultra high, for 3.14cr
* Sell 1 USO Jan21' 35 Put
* Buy 1 USO Jan21' 45 Put
* Buy 1 USO Jan21' 55 Call
* Sell 1 USO Jan21' 65 Call
SETUP: IC for USO, because IVR is epic high.
Stop/my risk management : Closing immediately if daily candle is closing out of the the box, max loss in my calculations in this case could be ~150$.
Take profit strategy: 65% of max.profit in this case with auto buy order at 1.1db.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
EEM 62% PoP for quick 18% profit spreadQuick option spread play for the next 2 weeks:
* 1 year trendline still holding
* bullish trend
Max profit: $154
Probability of Profit: 62%
Profit Target relative to my Buying Power: 18%
Max loss with my risk management: ~$150
Req. Buy Power: $846 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 12
Expiry: 13 days
Sell 2 EEM May21' 55 Put
Buy 2 EEM May21' 50 Put
Credit Put spread for 0.77cr each, because IVR is average
Stop/my risk management : Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 150$. Probability of loss in this way: ~20% .
Take profit strategy: 65% of max.profit in this case with auto sell order at 0.27db. Probability of profit this way: ~80%.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
Japanese Yen futures short call verticalPure TA.
Oversold territory, so take care of the trendline.
Max profit: $213
Probability of Profit: 72%
Profit Target relative to my Buying Power: 20%
Max loss with my risk management: ~$250
Req. Buy Power: $1038 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 34 (average at futures)
Expiry: 36 days
Sell 2 !6JM1 Jun4' 0.0093 Call
Buy 2 !6JM1 Jun4' 0.00935 Call
Credit Call spread for 0.90cr each
Stop/my risk management : Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 250$. Probability of loss in this way: ~20% .
Take profit strategy: 50% of max.profit in this case with auto sell order at 0.45db. Probability of profit this way: ~80%.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
APPLE BEARISH SPREAD with 73% PoP monthly exp.I'm planning to expand in better conditions.
Max profit: $186
Probability of Profit: 73%
Profit Target relative to my Buying Power: 22%
Max loss with my risk management: ~$220
Req. Buy Power: $814 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 7.7 (relative low)
Expiry: 44 days
Sell 2 AAPL Jun18' 135 Call
Buy 2 AAPL Jun18' 140 Call
Credit Call Spread for 0.93cr each, because I've f*cked up the side... (angry face)
Stop/my risk management : Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be ~220$. Probability of loss in this way: ~15% .
Take profit strategy: 60% of max.profit in this case with auto sell order at 0.47db each. Probability of profit this way: ~85%.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
Long call vertical spread for Twitter 55% PoPFib 0.78 hit after event, trendline kissed 4 times:
4hr / 1hr TF in oversold territory
Max profit: $500
Probability of Profit: 55%
Profit Target relative to my Buying Power: 56%
Max loss with my risk management: ~$200
Req. Buy Power: $882 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 5.5 (relative low)
Expiry: 46 days
Buy 2 TWTR Jun18' 48 Call
Sell 2 TWTR Jun18' 55 Call
Debit Call spread for 4.41db each, because IVR is relative low.
Stop/my risk management : Closing immediately if daily candle is closing BELOW the 52.5$ breakeven line, max loss in my calculations in this case could be 200$. Probability of loss in this way: ~25% .
Take profit strategy: 60% of max.profit in this case with auto sell order at 6.1cr each. Probability of profit this way: ~75%.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
TSLA back to 777?Tesla filled the gap at $777 before finding a bottom at $722. Now if we break above $743.01 then i'll be looking at $749.41, $763.27 and finally $777.93. looks to be forming a triangle soon,. With er around the corner, I expect an er run up. mental number would be $800 once $777.93 breaks. I'm bull as long as $735.89 holds. safe entry would be the break above $749.41
TSLA 15min:
$TSLA bulltrend continues? Long call vertical spread!TESLA smooth RSI confirms the breakout, well defined loss level.
Max profit: $165
Probability of Profit: 60%
Profit Target relative to my CAP: 46%
Max loss with my risk management: ~$100
Req. Buy Power: $355 (max loss without management at expiry, no way to let this happen!)
Tasty IVR: 16 (relative low)
Expiry: 51 days
Buy 1 TSLA May21' 595 Call
Sell 1 TSLA May21' 600 Call
Debit Call spread for 3.35db, because IVR is relative low.
Stop/my risk management : Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 100$. Probability of loss in this way: ~20% .
Take profit strategy: 50% of max.profit in this case with auto sell order at 4.2cr. Probability of profit this way: ~80%.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
Lordstown Motors Event Play with high IVR selling for credit
Selling naked put option at event
Max profit: 90$
Probability of Profit: 77%
Profit Target relative to my Buying Power: 21%
Buy Power: $410
Max loss with my risk management: ~ $300
Tasty IVR: 56
Expiry: 30days
Sell 2 RIDE April16' 10 PUT
Selling put option for 0.45cr each
Stop/my risk management : Closing immediately if daily candle is closing below $10, Safety zone at 13$ support.
Take profit strategy: I'm taking at the 60% of max.profit in this case with auto sell order. (at 0.18 debit)
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW , and for fresh ideas follow me : @mrAnonymCrypto on tradingview anyway!